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 cannot be called as a Debt Instrument as referred in financial transactions?
a) Certificate of Deposits
b) Bonds
c) Stocks
d) Commercial Papers
e) Loans
Answer: c)
2). The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form
a) Reserve Bank of India
b) Imperial Bank of India
c) Bank of India
d) Union Bank of India
e) None of these
Answer: b)
3). Which report is published by World Bank every year?
a) human development report
b) world development report
c) international finance and development report
d) world trade development report
e) None of these
Answer: b)
4). High powered money is:-
a) bank's reserves at central bank
b) all loans and advances of banks.
c) money held by banks.
d) currency held by public and reserves with the central bank
e) None
Answer: a)
5). Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
a) bearer
b) cross
c) order
d) all of the above
e) None of these
Answer: b)
6). What is a corporate Hedging?
a) It is a mechanism to protect firm’s exposure to eqity risk
b) It is a mechanism to protect firm’s Exposure to market risk
c) It is a mechanism to protect firm’s exposure to forex risk
d) It is a mechanism to protect firm’s exposure in International trade
e) None of these
Answer: b)
7). Which of the following institutions is involved in granting Housing Loans?
a) RBI
b) SBI
c) IBA
d) ICICI
e) HDFC
Answer: e)
8). Expand terms means IFRS____
a) Indian Financial Review Standards
b) Indian Financial Reporting Standards
c) International Financial Review Standards
d) International Financial Reporting Standards
e) None of these
Answer: d)
9). Which of the following is/are essential features of a genuine currency note?
a) The issuing authorities name should be printed on it.
b) The promise clause should be there
c) The guarantee clause should be there
d) All of the above
e) None of the above
Answer: d)
10). Banks keep notes/ coins in Currency Chest on Behalf of which of the following?
a) Their own self
b) The Central Government
c) The Reserve Bank of India
d) Their Head Office
e) None of these
Answer: c)
1. C) 2. B) 3. B) 4. A) 5. B) 6. B) 7. E) 8. D) 9. D) 10. C)
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