Banking Awareness Test Set 4 Part - 2

(Note:-Answer are in Bold Letter Please Chek It !!)

21)   Which of the following is a set of United State statutes added as Title VIII of the Consumer Credit Protection Act?
a. FACTA
b. FCRA
c. FDCPA 

d. FOIA

22)   Which of the following is the Federal regulatory agency that charters and supervises Federal credit unions?
a. AIRCSC
b. ARC
c. CAG
d. NCUA

23)   Which is the first Indian bank that started solely with Indian capital investment?
a. Canara Bank
b. Central Bank of India
c. Punjab National Bank

d. State Bank of India

24)   Who was the first Indian Governor of RBI?
a. C. D. Deshmukh 
b. Benegal Rama Rau
c. R. K. Shanmukham Chetty
d. K. G. Ambegaonkar

25)   Which country started first plastic notes?
a. Afghanistan
b. Argentina
c. Australia 

d. Austria

26)   Whose signature does Indian currency note bear?
a. Finance Minister
b. Finance Secretary
c. RBI Governor 

d. The President

27)   Which bank launched smart star account?
a. HDFC Bank
b. HSBC
c. ICICI Bank 

d. IDBI Bank


28)   What is the term for recession occurring two times with a small gap in between?
a. Deep Recession
b. Deflation
c. Double-dip Recession

d. Double Inflation

29)   Which was the first bank to introduce ATM in India?
a. HSBC b. Standard Chartered Bank
c. State Bank of India
d. United Bank of India

30)   Which movement encouraged the formation of commercial banks?
a. Swadeshi movement 
b. Quit India Movement
c. Non Cooperation Movement
d. Civil Disobedience Movement

31)   What is the new limit of reduction of health insurance premium for people as announced in the Budget 2015-16?
a. 15000
b. 20000
c. 22000
d. 25000

32)   What is the new transport allowance announced for salaried people as per the Budget 2015-16?
a. 800
b. 1200
c. 1600 

d. 2000


33)   What percentage change was proposed in the rate of personal income tax as announced in the budget 2015-16?
a. 1%
b. 0.5%
c. 2.5%
d. No Change

34)   What is the GDP growth projected in the 2015-16?
a. 8-8.5% 
b. 9-9.7%
c. 8-9%
d. 7.7 to 8.5%

35)   ‘Amrut Mahotsava’ would be celebrated in the year _____.
a. 2017
b. 2022 

c. 2030
d. 2018