Banking Awareness Quiz – Set 90

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. NCAER is located in _______
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Chennai
   E. Hyderabad
   
   Answer & Explanation

   B. New Delhi
   Explanation:
   National Council of Applied Economic Research or NCAER is a New Delhi based non-profit think tank of economics.
   
   
2. The Central Statistical Office (CSO) is located in _____
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Chennai
   E. Hyderabad
   
   Answer & Explanation

   B. New Delhi
   Explanation:
   The Central Statistics Organisation is responsible for coordination of statistical activities in the country, and evolving and maintaining statistical standards. Its activities include National Income Accounting, etc.
   
   
3. National Sample Survey Organization(NSSO) is an organization under the ________
   A. Ministry of Finance
   B. Ministry of Statistics
   C. Ministry of Commerce
   D. All (B) and (C)
   E. None of the Above
   
   Answer & Explanation

   B. Ministry of Statistics
   Explanation:
   The National Sample Survey Organisation (NSSO), now known as National Sample Survey Office, is an organization under the Ministry of Statistics of the Government of India. It is the largest organisation in India conducting regular socio-economic surveys. It was established in 1950.
   
   
4. Headquarter of Agriculture of Finance Corporation(AFC) is situated at_______
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Gurugram
   E. Hyderabad
   
   Answer & Explanation

   A. Mumbai
   Explanation:
   Headquarter of AFC is situated at Mumbai. The Company has three Regional Offices at Kolkata, New Delhi and Bangalore besides three Branch Offices at Lucknow, Hyderabad and Pune and Field Offices at Kalahandi, Bargarh (Orissa) and Godda (Jharkhand).
   
   
5. The headquarters of Investment Information & Credit Rating Agency(ICRA) Limited is located in _________
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Gurugram
   E. Hyderabad
   
   Answer & Explanation

   D. Gurugram
   Explanation:
   ICRA is second largest Indian rating comapany in term of customer base. It was a joint-venture between Moody’s and various Indian commercial banks and financial services companies. Headquarters is in Gurgaon (Haryana),India
   
   
6. The headquarter of CARE is ______
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Gurugram
   E. Hyderabad
   
   Answer & Explanation

   A. Mumbai
   Explanation:
   Credit Analysis & Research Limited(CARE) is located in Mumbai.
   
   
7. SME Rating Agency of India Limited (SMERA), a third party rating agency is situated in _______
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Gurugram
   E. Hyderabad
   
   Answer & Explanation

   A. Mumbai
   Explanation:
   SME Rating Agency of India Limited (SMERA) is a third party rating agency exclusively set up for micro, small and medium enterprises (MSME) in India for ratings on creditworthiness.
   
   
8. Credit Information Bureau India Limited (CIBIL) is India’s first Credit Information Company (CIC) headquartered at ________
   A. Mumbai
   B. New Delhi
   C. Noida
   D. Gurugram
   E. Hyderabad
   
   Answer & Explanation

   A. Mumbai
   Explanation:
   Credit Information Bureau (India) Limited (CIBIL) is India’s first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual’s payments pertaining to loans and credit cards.
   
   
9. STANDARD & POOR’S (S&P) is located in _______
   A. New York
   B. Washington D.C
   C. Los Angeles
   D. San Francisco
   E. Chicago
   
   Answer & Explanation

   A. New York
   Explanation:
   Standard & Poor’s Financial Services LLC is an American financial services company. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds and commodities.
   
   
10. The headquarter of ONICRA is ______
    A. Mumbai
    B. New Delhi
    C. Noida
    D. Gurugram
    E. Hyderabad
    
    Answer & Explanation

    D. Gurugram
    Explanation:
    Onicra-leading Credit and Performance Rating agencies in India providing ratings, risk assessment and analytical solutions.