Banking Awareness Quiz – Set 125

Hello Aspirants,
Welcome to Banking Awareness Quiz in AffairsCloud.com. Here we are creating quiz covering important questions which are common for all the bank exams and other competitive exams.

1. National Securities Depository Limited is an Indian central securities depository based in _______
   A. New Delhi
   B. Chennai
   C. Hyderabad
   D. Mumbai
   E. Noida
   
   Answer & Explanation

   D. Mumbai
   Explanation:
   National Securities Depository Limited is an Indian central securities depository based in Mumbai.
   
   
2. Which of the following is the first electronic securities depository in India?
   A. SEBI
   B. NSDL
   C. CDSL
   D. RBI
   E. PFRDA
   
   Answer & Explanation

   B. NSDL
   Explanation:
   National Securities Depository Limited(NSDL) is the first electronic securities depository in India.
   
   
3. Central Depository Services Limited (CDSL), is the second Indian central securities depository based in?
   A. New Delhi
   B. Chennai
   C. Hyderabad
   D. Mumbai
   E. Noida
   
   Answer & Explanation

   D. Mumbai
   Explanation:
   Central Depository Services Limited (CDSL), is the second Indian central securities depository based in Mumbai. 
   
   
4. CDSL is a well-established market infrastructure institution, promoted by?
   A. BSE
   B. NSE
   C. CSE
   D. SEBI
   E. None of these
   
   Answer & Explanation

   A. BSE
   Explanation:
   CDSL is a well-established market infrastructure institution, promoted by BSE.
   
   
5. The initial capital of Central Depository Services Limited(CDSL) is ?
   A. 500 crore
   B. 104.50 crore
   C. 550.30 crore
   D. 100 crore
   E. None of these
   
   Answer & Explanation

   B. 104.50 crore
   Explanation:
   The initial capital of Central Depository Services Limited(CDSL) is 104.50 crore
   
   
6. BSE holds how many per cent stake in CDSL?
   A. 75.05%
   B. 50.05%
   C. 100%
   D. 45.05%
   E. None of these
   
   Answer & Explanation

   B. 50.05%
   Explanation:
   BSE holds 50.05 per cent stake in Central Depository Services Limited(CDSL)
   
   
7. National Securities Depository Limited(NSDL) is promoted by?
   A. IDBI Bank
   B. Unit Trust of India
   C. NSE
   D. All of these
   E. None of these
   
   Answer & Explanation

   D. All of these
   Explanation:
   National Securities Depository Limited(NSDL) is promoted by IDBI Bank, Unit Trust of India and NSE.
   
   
8. Which of the following PSB holds share in NSDL?
   A. Oriental Bank of Commerce
   B. Union Bank of India
   C. Dena Bank
   D. Canara Bank
   E. All of these
   
   Answer & Explanation

   E. All of these
   Explanation:
   Other Shareholders: State Bank of India, HDFC Bank Limited, Deutsche Bank A.G., Axis Bank Limited, Citibank N.A., Standard Chartered Bank, The Hongkong and Shanghai Banking Corporation Limited, Oriental Bank of Commerce, Union Bank of India, Dena Bank and Canara Bank
   
   
9. A depository can be compared to which of the following?
   A. Life Insurance Companies
   B. SEBI
   C. Banks
   D. NBFCs
   E. None of these
   
   Answer & Explanation

   C. Banks
   Explanation:
   A depository can be compared to a bank.
   
   
10. Which of the following is held by a depository?
    A. Shares
    B. Debentures
    C. Government Securities
    D. Bonds
    E. All of these
    
    Answer & Explanation

    E. All of these
    Explanation:
    A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.