Important Banking Awareness Questions for Upcoming Exams 2017

January 27, 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.

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1). ‘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)

2). In the field of banking, what does ADF stand for?
a)   Additional Dearness Allowance
b)   Automated Data Flow
c)   Additional Deposit Allowance
d)   Automated Deposit Allowance
e)   None of the Above


Answer: b)

3). A financial contract that derives its value from another asset or an index of asset values is known as __________
a)   Insurance Policy
b)   Security
c)   Derivative
d)   Share
e)   None of the above


Answer: c)

4). Central Bank ofa county is also known as the -
a)   Federal bank
b)   Chief Commercial Bank
c)   Banker of banks        
d)   Lead Bank
e)   None of these  


Answer: c)

5). What is meant by a stale cheque?
a)   A cheque which is lost or stolen
b)   A cheque which is more than three months old from the date of the cheque
c)   A cheque which is defaced/ mutilated
d)   A cheque from an account which is closed
e)   None of these


Answer: a)

6). The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act as present is not applicable to -
a)   Public sector banks
b)   Private banks
c)   Non- banking financial companies
d)   Financial institutes of the government
e)   None of these


Answer: c)

7). Which bank bagged the prestigious ‘Bank of the year’ award 2015?
a)   HDFC bank
b)   ICICI bank
c)   Yes BankWhich bank has inst6alled
d)   IndusInd Bank
e)   None of these


Answer: c)

8). Which bank has installed world’s first ATM
a)   City Bank
b)   Royal Bank of Scotland
c)   Barclays
d)   HSBC
e)   none of these


Answer: c)

9). The maturity period of recently introduced Gold Bonds is –
a)   3 years
b)   5 years
c)   8 years
d)   12 years
e)   None of these


Answer: c)

10). Slogan of Indian Bank _____?
a)   You can always bank on us
b)   Where every individual is committed
c)   Good people to bank with
d)   Your Tech – Friendly Bank
e)   None of these


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


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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu January 27, 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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