Important Banking Awareness Questions for Upcoming Exams 2017

February 15, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-125:
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). For using safe deposit locker facilities, bank customers pay
a)   Exchange on locker
b)   Commission on locker
c)   Rent on locker
d)   Safe custody charges
e)   None of these


Answer: c)

2). What is the full form of ECB?
a)   External Cooperative Borrowings.
b)   Extra Cooperative Borrowings.
c)   External Commercial Borrowings.
d)   Extra Commercial Borrowings.
e)   None of these


Answer: c)

3). 'RAND' is the currency of ?
a)   Indonesia
b)   Tunisian
c)   South Korea
d)   South Africa
e)   None of these


Answer: d)

4). The definition of 'Banking' is given in _____
a)   Negotiable Instrument Act. 1881    
b)   RBI Act, 1934
c)   The Banking Regulation Act, 1949 
d)   The Indian Contract Act, 1872
e)   None of these


Answer: c)

5). Which of the following is the least liquid asset ?
a)   Money   
b)   Shares
c)   Machinery       
d)   Special deposits
e)   None of these


Answer: c)

6). What does cheap rate imply?
a)   Interest are very high
b)   Interest rate are very low
c)   Interest are medium
d)   All of the above
e)   None of these


Answer: b)

7). RTGS as well as NEFT uses
a)   UTR Number
b)   MICR
c)   IFSC
d)   DNS
e)   None of these


Answer: c)

8). Per capita income is obtained by dividing national income by
a)   Area of the country
b)   Total working population
c)   Volume of the capital used
d)   Total population of the country
e)   None of these


Answer: d)

9). Which of the following bank has recently launched a new home loan product “Women Power” with a differential rate of interest exclusively for women customers?
a)   ICICI Bank
b)   HDFC Bank
c)   IDBI Bank
d)   SBI
e)   None of these


Answer: b)

10). Which among the following is a qualitative tool of monetary policy?
a)   Bank Rate
b)   Credit Ceiling
c)   Credit rationing
d)   Cash Reserve Ratio
e)   None of these


Answer: c)
1).c)   2).c)   3).d)   4).c)   5).c)   6).b)   7).c)   8).d)   9).b)   10).c)
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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 15, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-125: Dear Readers, The List of important Banking Awareness Quiz for upc...


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