Important Banking Awareness Quizzes (Topic Wise) Day-182

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 IBPS/SBI Exams 2018 can make use of it.

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1. Securities and Exchange Board of India was established on ________

1.   1985
2.   1988
3.   1989
4.   1990
5.   1992

2. The Pension Fund Regulatory and Development Authority was established on ________

1.   2000
2.   2001
3.   2002
4.   2003
5.   2005

3. Export–Import Bank of India was established on _______

1.   1982
2.   1980
3.   1985
4.   1988
5.   1995

4. The Reserve Bank of India was established on _____

1.   1947
2.   1948
3.   1949
4.   1935
5.   1936

5. National Bank for Agriculture and Rural Development was established on _______

1.   1982
2.   1984
3.   1987
4.   1993
5.   1997

6. The Insurance Regulatory and Development Authority of India was established on ______

1.   1995
2.   1996
3.   1997
4.   1998
5.   1999

7. National Housing Bank was established on _______

1.   1986
2.   1987
3.   1988
4.   1989
5.   1990

8. Small Industries Development Bank of India was established on _______

1.   1985
2.   1988
3.   1990
4.   1989
5.   1992

9. The Federation of Indian Chambers of Commerce and Industry was established on _______

1.   1935
2.   1947
3.   1927
4.   1952
5.   1960

10. Employees’ Provident Fund Organisation was established on ________

1.   1948
2.   1949
3.   1950
4.   1951
5.   1952

11. Employees’ State Insurance Corporation was established on _______

1.   1950
2.   1952
3.   1956
4.   1960
5.   1964

12. National Small Industries Corporation Limited was established on _______

1.   1955
2.   1962
3.   1970
4.   1948
5.   1950

13. Housing and Urban Development Corporation was established on _______

1.   1950
2.   1965
3.   1980
4.   1970
5.   1960

14. Export Credit Guarantee Corporation of India Ltd was established on _______

1.   1948
2.   1957
3.   1963
4.   1970
5.   1980

15. Food Safety and Standards Authority of India (FSSAI) was established on _______

1.   2005
2.   2006
3.   2003
4.   2004
5.   2008

Answers:

1. Securities and Exchange Board of India was established by the Government of India in 1988 as a replacement of the Controller of Capital Issues (CCI) which was the regulatory authority before SEBI

Correct Answer is: b)

2. The Pension Fund Regulatory and Development Authority is a pension regulator which was established by Government of India on August 23, 2003. PFRDA is authorized by Ministry of Finance, Department of Financial Services

Correct Answer is: d)

3. Export–Import Bank of India is the premier export finance institution in India, established in 1982 under Export-Import Bank of India Act 1981.

Correct Answer is: a)

4. The Reserve Bank of India was established on April 1, 1935

Correct Answer is: d)

5. National Bank for Agriculture and Rural Development was established by the Committee set up by RBI to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) under the Chairman Shri. B. Sivaraman on 12th July 1982.

Correct Answer is: a)

6. The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an Act of Parliament passed by the Government of India.

Correct Answer is: e)

7. National Housing Bank was established on 9th July 1988 under the National Housing Bank Act, 1987

Correct Answer is: c)

8. Small Industries Development Bank of India, is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSME) in India. Set up on April 2, 1990 through an act of parliament, it was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.

Correct Answer is: c)

9. The Federation of Indian Chambers of Commerce and Industry (FICCI) is an association of business organisations in India. Established in 1927, on the advice of Mahatma Gandhi by GD Birla and Purushottam Das Thakurdas, it is the largest, oldest and the apex business organisation in India.

Correct Answer is: c)

10. Employees’ Provident Fund Organisation was established on 4 March 1952, New Delhi

Correct Answer is: e)

11. Employees’ State Insurance Corporation was established on 24th February 1952.

Correct Answer is: b)

12. National Small Industries Corporation Limited is a Mini Ratna PSU established by the Government of India in 1955. It falls under Ministry of Micro, Small & Medium Enterprises of India

Correct Answer is: a)

13. Housing and Urban Development Corporation (HUDCO) has established itself as a premier techno-financing company, was set up in 1970 by the Government of India to accelerate the pace of housing and urban development in the country.

Correct Answer is: d)

14. Export Credit Guarantee Corporation of India Ltd was established in July, 1957 to strengthen the export promotion by covering the risk of exporting on credit.

Correct Answer is: b)

15. Food Safety and Standards Authority of India (FSSAI) was established by Government of India on 5 September 2008 under Food Safety and Standards Act, 2006.

Correct Answer is: e)

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