JNR CO-OP INSPECTOR TEST 2

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(1) Gift Tax Act was enacted in which year

(A) 1957 

(B) 1958 

(C) 1959 

(D) 1960 

(2) IDBI Act was passed in which year

(A) 1964 

(B) 1965 

(C) 1966 

(D) 1967 

(3) Indian Majority Act was passed in which year

(A) 1875 

(B) 1876 

(C) 1877 

(D) 1878 

(4) A person appointed to execute a will of a deceased person is known as ....

(A) Sale officer 

(B) Executor 

(C) Arbitrator 

(D) Administrator 

(5) Closing of a Fixed Deposit before the due date is known as

(A) Due closing 

(B) Immature closing 

(C) Premature closing 

(D) Half way closing 

(6) Indian Trust Act was passed in which year

(A) 1881 

(B) 1882 

(C) 1883 

(D) 1884 

(7) Indian Partnership Act was passed in which year

(A) 1930 

(B) 1931 

(C) 1932 

(D) 1933 

(8) Crossing of cheque twice is known as ..........

(A) Dual crossing 

(B) Double crossing 

(C) Twin crossing 

(D) Twice crossing 

(9) Letter of Hypothecation is also known as

(A) Letter of credit 

(B) Letter of property 

(C) Letter of lien 

(D) Letter of title 

(10) Immovable property given as security for debt is known as....

(A) Pledge 

(B) Cash credit 

(C) Hypothecation 

(D) Mortgage 

(11) Where is first Stock Exchange in India was established

(A) Kolkatta 

(B) New Delhi 

(C) Mumbai 

(D) Chennai 

(12) In which year Crop insurance scheme was introduced in India

(A) 1985 

(B) 1986 

(C) 1987 

(D) 1988 

(13) Asian Development Bank was established in which year

(A) 1966 

(B) 1967 

(C) 1968 

(D) 1969 

(14) Export Credit Guarantee Corporation was established in which year

(A) 1961 

(B) 1962 

(C) 1963 

(D) 1964 

(15) Who launched Bill of Re-discounting Scheme

(A) UTI 

(B) IDBI 

(C) ADB 

(D) IRDI 

(16) In which year IDBI was delinked from Reserve Bank of India

(A) 1973 

(B) 1974 

(C) 1975 

(D) 1976 

(17) HUDCO was set up in which year

(A) 1969 

(B) 1970 

(C) 1971 

(D) 1972 

(18) IDFC was established in which year

(A) 1996 

(B) 1997 

(C) 1998 

(D) 1999 

(19) National Equity Fund Scheme was sterted in which year

(A) 1984 

(B) 1985 

(C) 1986 

(D) 1987 

(20) Housing Development Finance Corporation(HDFC) was formed in which year

(A) 1977 

(B) 1978 

(C) 1979 

(D) 1980 

(21) Industrial Finance Corporation of India was set up in which year

(A) 1945 

(B) 1946 

(C) 1947 

(D) 1948 

(22) Central Banking Enquiry committee was set up in which year

(A) 1930 

(B) 1931 

(C) 1932 

(D) 1933 

(23) New Bill Market Scheme of RBI was introduced in which year

(A) 1969 

(B) 1970 

(C) 1971 

(D) 1972 

(24) Scheduled Bank is defined in which section of R.B.I.Act

(A) Section 52(a) 

(B) Section 42(a) 

(C) Section 52(b) 

(D) Section42(b) 

(25) In which year Banking Ombudsman Scheme was launched by R.B.I

(A) 1993 

(B) 1994 

(C) 1995 

(D) 1996 

(26) Indian Joint Stock Banks follow which type of banking

(A) Unit banking 

(B) Branch banking 

(C) Joint banking 

(D) Mixed banking 

(27) Bank of England was established in which year

(A) 1694 

(B) 1695 

(C) 1696 

(D) 1697 

(28) Social control on banks was introduced in which year

(A) 1966 

(B) 1967 

(C) 1968 

(D) 1969 

(29) Committee on Cooperative land Development Banks was constituted in which year

(A) 1970 

(B) 1971 

(C) 1972 

(D) 1973 

(30) General Insurance Corporation was established in which year

(A) 1971 

(B) 1972 

(C) 1973 

(D) 1974