Important Banking Awareness Questions for Upcoming Exams 2017

February 10, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-121:
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.
https://www.youtube.com/channel/UC-2Ga6vFz3l4Q-O0jFVnIIg
1). In which year was the Reserve Bank of India established ?
a)   1935
b)   1947
c)   1949
d)   1952
e)   None of these


Answer: a)

2). Which of the following terms is used in banking field?
a)   Interest rate swap
b)   Input devices
c)   Sedimentary
d)   Zero Hour
e)   None of these


Answer: a)

3). Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
a)   Bank of Maharashtra
b)   Bank of Baroda
c)   State Bank of Saurashtra
d)   Union Bank of India
e)   None of these


Answer: d)

4). The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
a)   Cash reserves
b)   Deposit reserves
c)   Excess reserves
d)   Momentary reserves
e)   None of these


Answer: c)

5). What does ‘S’ stand for in the abbreviation ‘MSF’?
a)   Standing
b)   Status
c)   Still
d)   State
e)   None of the above


Answer: a)

6). What is the term for a bank without any branch network that offers its services remotely?
a)   Internet only Banks
b)   Direct Bank
c)   Lending Institution
d)   Indirect Bank
e)   Online Bank


Answer: b)

7). The Pre Shipment finance is provided by the banks only to____
a)   Importers
b)   Bank Employees
c)   Exporters
d)   Small Scale Industries
e)   Large Scale Industries


Answer: c)

8). Which is the first Indian bank that started solely with Indian capital investment?
a)   Canara Bank
b)   Central Bank of India
c)   Punjab National Bank
d)   State Bank of India
e)   None of these


Answer: c)

9). When was the first Land Mortgage Bank established?
a)   1920
b)   1925
c)   1931
d)   1935
e)   None of these


Answer: a)

10). CRISIL is a __________.
a)   Mutual Fund
b)   Credit Rating Agency
c)   Investment Bank
d)   Share Depository
e)   None of the above


Answer: b)

Answer Key:

1).a   2).a   3).d    4).c   5).a   6).b   7).c   8).c   9).a   10).b
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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 10, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-121: Dear Readers, The List of important Banking Awareness Quiz for up...


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