Important Banking Awareness Questions for Upcoming Exams 2017

January 31, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-113:
Dear Readers, The List of important Banking Awareness Quiz for upcoming exams was given here. Candidates those who are preparing for the exams can use this.
https://www.youtube.com/channel/UC-2Ga6vFz3l4Q-O0jFVnIIg
1). Banks have different interest rates for different loan products. to which rate are they linked?
a)   prime lending rates
b)   base rate
c)   RBI administered rates
d)   bank rate
e)   solely on discretion of the particular bank


Answer: b)

2). Accounts are allowed to be operated by cheques in respect of:-
a)   both saving and fixed accounts
b)   saving and current accounts.
c)   current and fixed accounts.
d)   all type of accounts available.
e)   None of these


Answer: b)

3). Corporation Bank is a public sector banking company headquartered in..........?
a)   Kolkata
b)   Chennai
c)   Bengaluru
d)   Mangalore

e)   Mumbai


Answer: d)

4). The head of the SBI is designated as:
a)   Executive director
b)   Governor
c)   Deputy Governor
d)   Chairman
e)   None of these


Answer: d)

5). When was RBI nationalized?
a)   1905
b)   1920
c)   1935
d)   1949
e)   None of these


Answer: d)

6). Bill of lading is a :
a)   Negotiable Instrument
b)   Non- negotiable Instrument
c)   Quasi-Negotiable Instrument
d)   All of the above
e)   None of the above


Answer: c)

7). What is true about 'white Card ":
a)   It is related to companies producing milk products
b)   It does not carry on its face, the brand of the issuer
c)   It is meant to covert money into the economy
d)   All of the above
e)   None of the above


Answer: b)

8). Balance in a current account is classified as –
a)   Hybrid deposit
b)   Term deposit
c)   Demand deposit
d)   Flexi deposit
e)   None of these


Answer: c)

9). Which of the following forms of securing a loans is the safest one?
a)   Line
b)   Assignment
c)   Pledge
d)   Hypothecation
e)   Mortgage


Answer: c)

10). Which of the following bodies regulates the Regional Rural Banks?
a)   RBI
b)   NABARD
c)   Department of Rural Development
d)   State Government
e)   SIDBI


Answer: b)
1)b    2)b   3)d   4)d   5)d   6)c   7)b   8)c   9)c   10)b

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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu January 31, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-113: Dear Readers, The List of important Banking Awareness Quiz for up...


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