Gk Questions on Banking and Finance 2024-2025 - 2

Question: 6

ICICI is the name of a

(A) Financial institution

(B) Bureau

(C) Corporation

(D) Chemical industry

Ans: A

Financial institution

Question: 7

What is the full form of the term ‘NPA’ as used in banking environment?

(A) Non Performing Assets

(B) Net Performing Assets

(C) New Potential Accounts

(D) Not Profitable Assets

Ans:

Non Performing Assets

Question: 8

Rupee coins are the legal tender in India under the provisions of

(A) Banking Regulation Act, 1949

(B) Reserve Bank of India Act, 1934

(C) Indian Coinage Act, 1906

(D) Negotiable Instrument Act, 1881

Ans: C

Indian Coinage Act, 1906

Question: 9

Expand the term SWIFT?

(A) Society for Worldwide International Financial Telecommunications

(B) Society for Worldwide Interbank Financial Telecommunications

(C) Society for Worldwide Interbank Fiscal Transfers

(D) Society for Worldwide International Financial Transfers

Ans: B

Society for Worldwide Interbank Financial Telecommunications

Question: 10

In India, the first bank of limited liabilities managed by Indians and founded in 1881 was

(A) Punjab and Sind Bank

(B) Punjab National Bank

(C) Hindustan Commercial Bank

(D) Oudh Commercial Bank

Ans: D

Oudh Commercial Bank or Awadh Commercial Bank

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