Important Banking Awareness Questions for Upcoming Exams 2017

January 3, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-95:
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). In banking, CORE stands for _____.
a)   Centralized Online Real-Time Exchange
b)   Centre for Online Real Exchange
c)   Centralized Online Real Time Express
d)   Centre for Online Real Express
e)   None of these


Answer: a)

2). India Millennium deposit Scheme was introduced by _____.
a)   ICICI
b)   SBI
c)   Axis
d)   IOB
a)   None of these


Answer: b)

3). Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
a)   Basel Committee       
b)   UN charter on commercial laws.    
c)   World trade organization      
d)   International Board of banks and finance 
e)   Cannot be determined
f)     None of these


Answer: a)

4). _____________ received Reserve Bank of India (RBI)’s permission to open its first international branch in Dubai. ?
a)   Federal Bank
b)   Axis Bank
c)   HDFC Bank
d)   ICICI Bank
e)   None of These


Answer: a)

5). Monetary Policy as an arm of the economic policy is administered by
a)   Government of India
b)   Reserve Bank of India
c)   State Bank of India
d)   Governments of the respective states
e)   None of these


Answer: b)

6). 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)

7). India’s first banking robot Lakshmi launched by _____________ in Chennai (Tamil Nadu). Lakshmi will be first on­site huamanoid (robot) in India ?
a)   ICICI Bank
b)   City Union Bank
c)   South Indian Bank
d)   Axis Bank
e)   None of These


Answer: b)

8). Cash Reserve Ration (CRR) funds are kept by the banks in
a)   cash in hands at branches
b)   balances with other banks
c)   Balance in a special account with RBU
d)   funds in the currency chest
e)   None of these


Answer: c)

9). When Banks accept a fixed sum of money from an individual for a definite term and pay on Maturity with interest, the deposit is known as
a)   Demand Deposit
b)   term Deposit
c)   mortgage
d)   Advances
e)   bond


Answer: b)

10). Regional Rural Banks are sponsored by
a)   Nationalised Commercial Bank
b)   Reserve Bank of India
c)   State Bank of India
d)   Government of India
e)   None of these


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


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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu January 3, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-95: Dear Readers, The List of important Banking Awareness Quiz for upc...


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