Modern Banking Set 9

Bachelor of Arts in Economics (BA Economics)

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This set of Modern Banking Multiple Choice Questions & Answers (MCQs) focuses on Modern Banking Set 9

Q1 | A mutilated cheque will be -----------
  • Crossed
  • Endorsed
  • Marked
  • Torn
Answer: Torn
Q2 | FDR stands for..........
  • Fiduciary Deposit Reserve
  • Fixed Deposit Receipt
  • Fixed Depreciation Rate
  • Fixed Deposit Rate
Answer: Fixed Deposit Receipt
Q3 | The chairman of 13th Finance commission is
  • A M Khushro
  • C Rangarajan
  • Vijay Kelkar
  • Bimal Jalan
Answer: Vijay Kelkar
Q4 | The first bank in the world
  • Bank of America
  • Federal Reserve bank
  • Bank of Venice
  • Bank of Hindustan
Answer: Bank of Venice
Q5 | The first bank in India
  • Allahabad bank
  • Punjab National Bank
  • Nedungadi Bank
  • Bank of Hindustan
Answer: Bank of Hindustan
Q6 | First purely Indian bank is
  • Allahabad bank
  • Punjab National Bank
  • Nedungadi Bank
  • Bank of Hindustan
Answer: Punjab National Bank
Q7 | The first bank in Kerala
  • Federal Bank
  • South Malabar Gramin Bank
  • North Malabar Gramin bank
  • Nedungadi bank
Answer: Nedungadi bank
Q8 | The first international credit card was introduced in India by
  • SBI
  • Canara bank
  • Andhra Bank
  • Bank of Baroda
Answer: Andhra Bank
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