Banking awareness quiz 48 (on NI Act & Bank Centre classification )

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Q 1) Negotiable instuments are the instruments used for making payments like Promissory note , cheque . They are comes under which of the following Act ?

Negotiable instuments Act 1991

Negotiable instuments Act 2002

Negotiable instuments Act 2001

Negotiable instuments Act 1881

Q 2) What is an instument in writing containing an unconditional undertaking singed by maker to pay certain sum of money with interest to other person ?

Promissory Note

Cheque

Demand Draft

Payment form

Q 3) Which of the following are not a party of Prommisory Note ?

Maker/Debtor

Payer/Creditor

Payer

Holder

Q 4) Which of the follwoing is false about bank center classification ?

A Bank center is known as rural area if population is upto 9,999

A Bank center is known as semi urban area if population is from 10,000 to 99,999

A Bank center is known as Urban area if population is upto from 1 lakh to 5 lakhs

A Bank center is known as Metro politan area if population is more than 10 lakhs

Q 5)A Bank center is known as tier 1 if population of the town/city is ________ .

less than 5,000

in between 50,000 to 99,999

More than l0 lakhs

More than l lakh

Q 6) A Bank center is known as tier 2 if population of the town/city is ________ .

More than l lakh

in between 50,000 to 99,999

in between 5,000 to 9,999

less than 5,000

Q 7) A Bank center is known as tier 3 if population of the town/city is ________ .

in between 20,000 to 49,999

More than l0 lakhs

less than 5,000

in between 50,000 to 99,999

Q 8) A Bank center is known as tier 4 if population of the town/city is ________ .

in between 20,000 to 49,999

in between 10,000 to 19,999

less than 5,000

in between 50,000 to 99,999

Q 9) A Bank center is known as tier 5 if population of the town/city is ________ .

More than l lakh

less than 5,000

in between 50,000 to 99,999

in between 5,000 to 9,999

Q 10) A Bank center is known as tier 6 if population of the town/city is ________ .

in between 20,000 to 49,999

in between 10,000 to 19,999

less than 5,000

More than 10 lakhs

Take More Banking Awareness Quizzes from below

• Banking awareness quiz 47(On NPCI )
• Banking awareness quiz 46(On Payments & Settlements )
• Banking awareness quiz 45(On RBI Part 2)
• Banking awareness quiz 44(On RBI)
• Banking awareness quiz 43(On Bank Loans 4)

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