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100 Most Important Banking Awareness One Liners (Day-9)

Private Bank Headquarters and Tagline quiz

1). Federal Bank headquarters located in - Kochi


Explanation: Federal Bank headquarters located in Kochi

2). Induslnd Bank headquarters located in – Mumbai


Explanation: Induslnd Bank headquarters located in Mumbai

3). Nainital Bank headquarters located in - Uttarakhand


Explanation: Nainital Bank headquarters located in Uttarakhand

4). Tamil Nadu Mercantile Bank headquarters located in- Tuticorin


Explanation: Tamil Nadu Mercantile Bank headquarters located in Tuticorin

5). Catholic Syrian Bank headquarters located in - Thrissur


Explanation: Catholic Syrian Bank headquarters located in Thrissur

6). Yes Bank headquarters located in – Mumbai


Explanation: Yes Bank headquarters located in Mumbai

7). Karnataka Bank Headquarters located in - Mangalore


Explanation: Karnataka Bank headquarters located in Mangalore

8). ICICI Bank Headquarters located in - Mumbai


Explanation: ICICI Bank headquarters located in Mumbai

9). What is the tagline of Lakshmi Vilas Bank- The Changing Face of Prosperity
Explanation: Lakshmi Vilas Bank tagline is “The Changing Face of Prosperity”

10). “Lets make money simple” is the tagline of - Kotak Mahindra Bank
Explanation: Lets make money simple is the tagline of Kotak Mahindra Bank

11). “Be a step ahead of life” is the tagline of - Tamil Nadu Mercantile Bank
Explanation: “Be a step ahead of life” is the tagline of Tamil Nadu Mercantile Bank

12). What is the tagline of Karnataka Bank - Your family bank across India
Explanation: “Your family bank across India” is the tagline of Karnataka Bank

13). “Banking with personal touch” is the tagline of - Nainital Bank

14). What is the tagline of HDFC Bank - We understand your world

15). “We Make you feel Richer” is the tagline of - Induslnd Bank

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100 Most Important Banking Awareness One Liners (Day-9)

New and Old Currency notes quiz

16). The Reserve Bank of India will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi
Series-2005, with inset letter ____in both the number panels - “L”

17). The Dimension of 20 rupees note is - 63 × 147 mm

18). The Reserve Bank will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-
2005, inset letter _____ in both the number panels - Without inset letter

19). The Dimension of 50 rupees note is - 73 × 147 mm

20). The Dimension of 100 rupees note is - 73 × 157 mm

21). The 100-rupee banknotes carry the signature of - RBI Governor

22). The₹2000 banknote has its amount written in ___ languages – 17

23). The main colour of new 500 rupees note is - Stone Gray

24). The Dimension of new 500 rupees note is - 63 × 150 mm

25). The new 500 rupees note carries a picture of - Delhi’s Red Fort

26). The newly launched 2000-rupee banknotes carry the signature of - Urjit Patel

27). The main colour of new 2000 rupees note is - Magenta

28). The Dimension of new 2000 rupees note is - 66 × 166 mm

29). The new 2000 rupees note carries a picture of - Mangalyaan

30). The newly launched 2000-rupee banknotes carry the signature of - Urjit Patel

Types of Accounts quiz

31). CASA stands for Current Account and Savings Account which is mostly used in – West Asia and South-
east Asia

32). ______Account refers to funds deposited with an Indian financial institution opened by an Indian
national with the intention of becoming a Non-Resident Indian or NRI – NRO

33). Demat account is just like a bank account where actual money is replaced by – shares

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100 Most Important Banking Awareness One Liners (Day-9)

34). ______Account refers to funds deposited by a Non-Resident Indian or NRI with a financial institution
authorized by the Reserve Bank of India to provide such services – NRI

35). Which account amount is non transferable – Fixed Deposit Account


Explanation: Cash is deposited in fixed deposit account for a fixed period. This is not transferable.

36). Interest is given on savings account per day basis between ______of every month – Fixed Deposit
Account

37). Foreign Currency Non-Repatriable (FCNR) account is a – Foreign Currency Account


Explanation: Foreign Currency Non-Repatriable account deposits. This is a Fixed Deposit Foreign Currency
account and not a savings account.

38). _____are bank accounts that can be maintained by resident Indians in foreign currency – RFC accounts
(Resident Foreign Currency)

39). No interest is paid by the bank on – Current Account

40). Fixed Deposit Account is also known as – Time Deposit Accounts

41). Which account is used for save shares in account – Demat account

42). Which type of account is also known as Demand Deposit Account – Current Account

43). Which of the following account attracts high rate of interest – Fixed Deposit Account
Explanation: Fixed Deposit Account or Time Deposit Accounts attracts high rate of interest

44). Under ___________account, a specified amount is deposited every month for a specific period, such as,
12, 24, 36, or 60 months it can be even for 120 months – Recurring Deposit Account

45). A depositor can deposit his funds any number of times he likes and can withdraw the same any number
of times in - Current account

Public Sector Banks established year quiz

46). Allahabad Bank was established on – 1865


Explanation: On 24 April 1865, a group of Europeans at Allahabad founded Allahabad Bank.

47). Andra Bank was established on – 1923


Explanation: BhogarajuPattabhiSitaramayya founded Andhra Bank in 1923 in Machilipatnam, Andhra Pradesh.

48). Bank of Baroda was established on – 1908


Explanation: Bank of Baroda was founded by the Maharaja of Baroda, Maharaja SayajiraoGaekwad III on 20 July
1908 in the Princely State of Baroda, in Gujarat.

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100 Most Important Banking Awareness One Liners (Day-9)

49). Bank of India was established on – 1906


Explanation: Bank of India was founded on 7 September 1906 by a group of eminent businessmen from Mumbai,
Maharashtra, India.

50). Bank of Maharashtra was established on – 1935


Explanation: The bank was founded by V. G. Kale and D. K. Sathe and registered as a banking company on 16
September 1935 at Pune.

51). Canara Bank was established on – 1906


Explanation: AmmembalSubbaRaoPai, a philanthropist, established the Canara Hindu Permanent Fund in
Mangalore, India, on 1 July 1906. The bank changed its name to Canara Bank Limited in 1910 when it
incorporated.

52). Central Bank of India was established on – 1911


Explanation: The Central Bank of India was established on 21 December 1911 by Sir SorabjiPochkhanawala with
Sir Pherozeshah Mehta as Chairman, and claims to have been the first commercial Indian bank completely owned
and managed by Indians.

53). Corporation Bank was established on – 1906


Explanation: Corporation Bank, the oldest banking institution in the erstwhile undivided South Canara District of
the Madras Presidency and one of the oldest banks in India, was founded on 12 March 1906 in the Temple Town
of Udupi by a small group of philanthropists

54). Dena Bank was established on – 1939


Explanation: Dena Bank was founded on 26 May 1938 by the family of DevkaranNanjee under the name
DevkaranNanjee Banking Company. It adopted its new name, Dena Bank (DevkaranNanjee), when it incorporated
as a public company in December 1939.

55). IDBI Bank was established on – 1964


Explanation: IDBI Bank formerly known as Industrial Development Bank of India, headquartered in Mumbai,
India. It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the
development of the fledgling Indian industry.

56). Indian Bank was established on – 1907


Explanation: Indian Bank is an Indian state-owned financial services company established in 1907 and
headquartered in Chennai, India.

57). Indian Overseas Bank was established on – 1937


Explanation: In 1937, Thiru.M. Ct. M. Chidambaram Chettyar established the Indian Overseas Bank (IOB) to
encourage overseas banking and foreign exchange operations.

58). Punjab National Bank was established on – 1894

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100 Most Important Banking Awareness One Liners (Day-9)

Explanation: Punjab National Bank was registered on 19 May 1894 under the Indian Companies Act, with its
office in Anarkali Bazaar, Lahore, in present-day Pakistan.

59). Syndicate Bank was established on – 1925


Explanation: Syndicate Bank is one of the oldest and major commercial banks of India. It was founded by T M
APai, UpendraPai and VamanKudva in 1925.

60). Oriental bank of Commerce was established on – 1943


Explanation: RaiBahadurLalaSohanLal, the first Chairman of the Bank, founded OBC in 1943 in Lahore.

61). Punjab & Sindh Bank was established on – 1908


Explanation: On 24 June 1908, BhaiVir Singh, Sir Sunder Singh Majitha, and SardarTarlochan Singh established
Punjab & Sind Bank.

62). UCO Bank was established on – 1943


Explanation: UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major
government-owned commercial bank of India.

63). Union Bank of India was established on – 1919


Explanation: Union Bank of India (Union Bank) was registered on 11 November 1919 as a limited company in
Mumbai and was inaugurated by Mahatma Gandhi.

64). United Bank of India was established on – 1950


Explanation: UBI was the result of the merger in 1950 of four Bengali banks: Comilla Banking Corporation
(founded by Narendra Chandra Dutta in 1914 in what is now Bangladesh), Bengal Central Bank (founded by Sri
J.C. Das in 1918), Comilla Union Bank (founded by ShriInduBhusanDutta (IAS), in 1922) and Hooghly Bank
(founded by Sri D.N. Mukherjeee 1932).

65). Vijaya Bank was established on – 1931


Explanation: Vijaya Bank was established by a group of farmers led by Shri. AttavarBalakrishnaShetty on 23
October 1931 in Mangaluru in Dakshina Kannada District of Karnataka State. Since it was established on the
auspicious Vijayadashami Day, it was named 'Vijaya Bank'.

Quiz on Banking Abbreviations Part – II

66). IN RIDF, “I” stands for – Infrastructure


Explanation: Rural Infrastructure Development Fund

67). In CBLO, “C” stands for – Collateralised


Explanation: Collateralised Bank Lending Obligations

68). In MICR, “R” stands for – Recognition


Explanation: Magnetic Ink Character Recognition

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100 Most Important Banking Awareness One Liners (Day-9)

69). IN PACS, “A” stands for – Agricultural


Explanation: Primary Agricultural Credit Societies

70). In LERMS, “E” stands for – Exchange


Explanation: Liberalised Exchange Rate Management System

71). In FCCB, “F” stands for – Foreign


Explanation: Foreign Currency Convertible Bonds

72). In IMPS, “I” stands for – Immediate


Explanation: Immediate Mobile Payment System

73). In KYC, “C” stands for – Customer


Explanation: Know Your Customer

74). In DTAA, “T” stands for – Taxation


Explanation: Double Taxation Avoidance Agreement

75). In IRBI, “R” stands for – Reconstruction


Explanation: Industrial Reconstruction Bank of India

76). IIB Stands for - International Investment Bank

77). CAR stands for - Capital Adequacy Ratio

78). ECB stands for - External Commercial Borrowing

79). CBS stands for - Core Banking Solution

80). LCR stands for - Liquidity Coverage Ratio

Quiz on Asian Development Bank

81). Asian Development Bank was formed on 19 December – 1966

82). Asian Development bankraises funds through - Bond issues on the world's capital markets

83). Asian Development Bank headquarters located in - Manila, Philippines

84). Who was the first president of Asian Development Bank - Takeshi Watanabe

85). Asian Development Bank initially started its operations with ____ member countries – 31

86). Asian Development Bank presently consists of ____ member countries – 67

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100 Most Important Banking Awareness One Liners (Day-9)

87). How many member countries are from within Asia and the Pacific in Asian Development Bank - 48
Explanation: Totally 48 countries are from within Asia and the Pacific

88). How many member countries are from outside Asia and the Pacific in Asian Development Bank – 19

89). India joined as a member in Asian Development Bank in – 1966

90). Which of the following country is not the member country of Asian Development Bank - North Korea

91).India is the top ____ share holder of Asian Development Bank – fourth

92). Approximately ____ of shares held by India in Asian Development Bank - 6%

93). Which country have highest voting power in Asian Development Bank – Japan
Explanation: Japan has highest voting power in Asian Development Bank – 15.67%

94). Which of the following country is the top fourth country in voting power in Asian Development Bank –
India

95). Asian Development Bank offers two types of loans, they are - they are Soft and Hard loan

Quiz about New Development Bank

96). New Development Bank was started its operations on - July 2015

97). New Development Bank headquarters located in - Shanghai, China

98). The idea for setting up the bank was proposed by _______at the 4th BRICS summit in 2012 held in
Delhi – India

99). BRICS leaders agreed to set up a Development bank at the ____________held in Durban, South Africa -
5th BRICS summit
Explanation: BRICS leaders agreed to set up a Development bank at the 5th BRICS summit held in Durban,
South Africa on 27 March 2013.

100). BRICS states signed the Agreement of Articles for New Development Bank –6th BRICS summit 2014
held at - Brazil

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