Banking Awareness Questions

1.What are the main objectives of Consumer Protection Act, 1986?

To provide better protection of the interest of consumers Settlement of consumer disputes To deal with other connected matters All of the above

2.Pledge means:

advance against goods open working capital limits bailment to goods as security for payment of a debt or performance of a promise None of the above

3.SAARC was established on

December 8,1983 January 1, 1984 December 8,1985 January 1, 1985

4.NABARD was established on the recommendation of the:

Public Accounts Committee Shivaraman Committee Narsimhan Committee All of hte above

5.The Infrastructure Development Bank of India has its Headquarter in

New Delhi Mumbai Bangalore (Bengluru) Kolkata