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). "Disguised unemployment" Denotes:
a) a situation where workers are disguised
b) a situation where too many workers are doing a limited amount of work.
c) a situation where workers are doing a limited amount of work
d) None of the above
e) None of these
Answer: b)
2). Foreign Trade Policy is Framed by :
a) RBI
b) EXIM Bank
c) DGFT
d) Ministry of Commerce, Government of India.
e) None of these
Answer: d)
3). RBI doesn’t have an office in
a) Jaipur
b) Bhopal
c) Kanpur
d) Shimla
e) None of these
Answer: d)
4). The rate at which banks borrows from the RBI is called
a) SLR
b) Repo Rate
c) Reverse repo rate
d) Bank rate
e) None of these
Answer: b)
5). Who is having the major stakes in NABARD?
a) RBI
b) Central Government
c) SBI
d) Ministry of Finance
e) None of these
Answer: b)
6). The tag line ‘A friend you can bank on’ is of which bank?
a) Vijaya Bank
b) Bank of Maharashtra
c) UCO Bank
d) Bank of Baroda
e) None of these
Answer: a)
7). The appointments of Banking Ombudsman will be carried out by which of the following?
a) Finance Ministry
b) RBI
c) Govt. of India
d) SEBI
e) None of these
Answer: b)
8). The minimum acceptable amount under the Scheme of Certificate of eposit is ____?
a) Rs. 1 lakhs
b) Rs. 25 lakhs
c) Rs. 20 lakhs
d) Rs. 25 lakhs
e) None of the above
Answer: a)
9). Demand deposits mean _____?
a) Deposits withdrawable on demand by the depositor
b) Current deposits
c) Fixed deposits
d) Short deposits
e) None of the above
Answer: a)
10). Commercial paper may be issued for a period of ____?
a) 90 days
b) 91 to 180 days
c) 7 days to one year
d) All the above
e) None of the above
Answer: c)
1)b 2)d 3)d 4)b 5)b 6)a 7)b 8)a 9)a 10)c
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