Important Banking Awareness Questions for Upcoming Exams 2017

January 2, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-94:
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.

1). Which of the following is not a banking related term?
a)   Outstanding amount   
b)   Explicit guarantee      
c)   Creditor 
d)   Radiation
e)   None of these


Answer: d)

2).  Insurances service provided by various bank is commonly known as:
a)   Investment banking   
b)   Portfolio management
c)   Merchant banking      
d)   Banc assurance        
e)   None of these


Answer: d)

3).  In India, the bank NABARD does not provide refinance to:
a)   Scheduled commercial banks        
b)   Regional rural banks  
c)   State land development banks       
d)   Export-import bank    
e)   None of these


Answer: d)

4). ‘Repo Rate’ is the rate at which:
a)   The RBI lends to state government
b)   The international aid agencies to RBI      
c)   The RBI lends to banks       
d)   The banks lend to RBI
e)   None of these


Answer: c)

5).  Which of the following public sector bank emblem figures a dog and the words ‘faithful, friendly’ in it?       
a)   Punjab National Bank
b)   SBI        
c)   Oriental Bank of Commerce 
d)   Syndicate bank
e)   None of these


Answer: d)

6).  Which is the highest bank in the banking structure of India?
a)   SBI        
b)   Central bank of India  
c)   Industrial Development bank of India       
d)   RBI        
e)   None of these


Answer: d)

7).  Which of the following payment instrument introduced by the banks is known as plastic money?  
a)   Bearer Cheques        
b)   Credit Cards    
c)   Demand Drafts
d)   Gift cheques    
e)   None of these


Answer: b)

8).  If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be: 
a)   Increase
b)   Decrease         
c)   No impact        
d)   All of these      
e)   None of the above


Answer: a)

9).  Which one of the following is a private bank?
a)   Allahabad bank
b)   Punjab and Sind bank
c)   Punjab National Bank 
d)   Punjab Bank    
e)   None of these


Answer: d)

10).  Which of the following pairs is not correctly matched?    
a)   SEBI … Security Market regulatory body
b)   RBI … Banking regulatory authority        
c)   SBI … Commercial bank     
d)   IDBI … World bank    
e)   None of these


Answer: d)

1) D  2) D  3) D  4) C  5) D  6) D  7) B  8) A  9) D  10) D

For More Banking Awareness Questions- Click Here 

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