Important Banking Awareness Questions for Upcoming Exams 2017

January 9, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-99:
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 agencies in India is responsible for computation of national income?
a)   NCAER
b)   CSO
c)   NSS
d)   RBI
e)   None of the Above


Answer: b)

2). Currency Swap is an instrument to manage _______
a)   currency risk
b)   interest rate risk
c)   currency and interest rate risk
d)   cash flows in different currency
e)   All of the above


Answer: d)

3). A bank's 'fixed deposit' is also referred to as a............?
a)   term deposit
b)   savings bank deposit
c)   current deposit
d)   demand deposit
e)   home savings deposit


Answer: a)

4). In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms.What is full form of “LLP” as used in this reference?
a)   Local Labour Promotion
b)   Low Labour Projects
c)   Limited Loan Partnership
d)   Longer Liability Partnership
e)   Limited Liability Partnership


Answer: e)

5). Which of the following bank had its old name as ‘Devkaran Nanji Banking Company Limited’?
a)   Dhanlaxmi Bank
b)   Dena Bank
c)   Central Bank of India
d)   State Bank of Mysore
e)   None of these


Answer: b)

6). In banking parlance, ‘NPA’ stands for _________ ?
a)   Net Performing Asset
b)   Non Performing Asset
c)   Non-Productive Asset
d)   All of these
e)   None of the Above


Answer: b)

7). CRAR stands for:
a)   Capital to Risk (weighted) Assets Ratio
b)   Credit Risk Account Ratio
c)   Commercial Risk (weighted) Assets Ratio
d)   Cross Research And Recession
e)   None of these


Answer: a)

8). What is Repo Rate?
a)   It is a rate at which RBI sells government securities to banks
b)   It is a rate at which RBI buys government securities from banks
c)   It is a rate at which RBI allows small loans in the market
d)   All of these
e)   None of these


Answer: b)

9). The minimum rate of Interest charged by a Bank from Customers on the loans is?
a)   Base Rate
b)   Bank rate
c)   Prime Rate
d)   Prime Lending Rate
e)   None of these


Answer: a)

10). ‘DAX’ is the stock Market of-
a)   Germany
b)   USA
c)   France
d)   HongKong
e)   None of these


Answer: a)

Answer Key:

1).B   2).D   3).A   4).E   5).B   6).B   7).A   8).B   9).A   10).A
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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu January 9, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-99: Dear Readers, The List of important Banking Awareness Quiz for upco...


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