Important Banking Awareness Quizzes (Topic Wise) Day-214

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming SBI Exams 2018 can make use of it.

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Click here to view Banking Awareness Quizzes in Hindi

1. What does NABARD stand for?

a) National Bank for Analysis and Research Development

b) National Bank for Agriculture industry and Research Development

c) National Bank for Agriculture and Rural Development

d) National Bank for Analysis and Rustic business Development

e) None of these

2. Where is the headquarters of NABARD?

a) Mumbai, Maharashtra

b) Manipal, Karnataka

c) Pune, Maharashtra

d) Mangalore, Karnataka

e) Kolkata, West Bengal

3. Who is the present chairman of NABARD?

a) Rajnish Kumar

b) Rajeev Rishi

c) Jai Kumar Garg

d) Harsh Kumar Bhanwala

e) Rajkiran Rai G

4. NABARD came into existence on _________

a) 20^th July, 1982

b) 12^th July, 1982

c) 8^th July, 1981

d) 4^th July, 1981

e) 1^st July, 1982

5. Which committee is recommended for the establishment of NABARD?

a) Abid Hussain Committee

b) Malhotra Committee

c) B. Sivaraman Committee

d) A C Shah Committee

e) A Ghosh Committee

6. NABARD was set up with an initial capital of _________

a) Rs. 50 Crores

b) Rs. 200 Crores

c) Rs. 100 Crores

d) Rs. 150 Crores

e) Rs. 175 Crores

7. What is the acronym for ARDC?

a) Applied Reliability and Durability Conference

b) American Research and Development Corporation

c) Agricultural Research and Development Commission

d) Agricultural Refinance and Development Corporation

e) None of these

8. Which of the following agencies assisted the NABARD to set up the Rural Innovation Fund?

a) Swiss Agency

b) Austrian Development Agency

c) Swedish Agency

d) German Agency

e) Italian Agency

9. RIDF Stands for _________

a) Rural Infrastructure Development Fund

b) Regional Institute for Development Finance

c) Risk Income to Deduct Fund

d) Reserve Innovation for Development Fund

e) None of these

10. Which bank is set up as an apex Development Bank by the Government of India?

a) RRB

b) SBI

c) RBI

d) NABARD

e) SIDBI

11. Which of the following is a network of financial inclusion policymakers?

a) Budget Tracking and Advocacy for Social Inclusion (BTASI)

b) Alliance for Financial Inclusion (AFI)

c) Financial Inclusion Network & Operations Paytech Ltd. (FINO)

d) Shared Agent Network Expansion (SANE)

e) None of these

12. Which among the following functions of NABARD is incorrect?

a) Promoting research in agriculture and rural development

b) Providing finance and also refinance for production and marketing in the rural areas

c) Coordination and advising the operations of institutions engaged in rural credit

d) All of The Above

e) None of The Above

13. When the NABARD was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi?

a) 5 November, 1982

b) 10 November, 1982

c) 1 December, 1982

d) 6 December, 1982

e) None of these

14. What does CSR stand for?

a) Corporate Social Reforms

b) Corporate Social Responsibility

c) Corporate Satisfaction Research

d) Corporate Social Research

e) None of these

15. NABARD was set up basically as a development bank for promoting ______

a) Agriculture Development

b) Rural Development

c) Financial Development

d) Both a & b

e) None of the above

Answers:

1. Correct Answer: c)

NABARD – National Bank for Agriculture and Rural Development

2. Correct Answer: a)

Headquarters – Mumbai, Maharashtra

3. Correct Answer: d)

Chairman – Harsh Kumar Bhanwala (as on May 2018)

4. Correct Answer: b)

Established – 12^th July, 1982

5. Correct Answer: c)

Committee – B. Sivaraman Committee

6. Correct Answer: c)

Initial Capital – Rs. 100 Crores

7. Correct Answer: d)

ARDC – Agricultural Refinance and Development Corporation

8. Correct Answer: a)

Assistance – Swiss Agency

9. Correct Answer: a)

RIDF – Rural Infrastructure Development Fund

10. Correct Answer: d)

Apex Development Bank – NABARD

11. Correct Answer: b)

Network of financial inclusion – Alliance for Financial Inclusion (AFI)

12. Correct Answer: e)
13. Correct Answer: a)

Dedicated to the service of the nation – 5 November, 1982

14. Correct Answer: b)

CSR – Corporate Social Responsibility

15. Correct Answer: d)

Development bank for promoting – Both Agricultural and Rural development

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