Important Banking Awareness Questions for Upcoming Exams 2017

February 16, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-126:
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). How many digits are there in Mobile Money Identifier(MMID)?
a)   7 digits
b)   9 digits
c)   10 digits
d)   11 digits
e)   None of the Above


Answer: a)

2). Which of the following is not Development Bank/Non Commercial Bank ?
a)   SIDBI     
b)   National Housing Bank
c)   IDBI       
d)   NABARD
e)   None of these


Answer: a)

3). Expand the term FRBM?
a)   Financial Responsibility and Business management
b)   Fiscal Responsibility and Business management
c)   Financial Responsibility and Budget Management
d)   Fiscal Responsibility and Budget Management
e)   Formal Responsibility and Business Management


Answer: d)

4). 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)

5). The tax on import and export is known as
a)   income tax
b)   trade tax
c)   custom duty
d)   commercial tax.
e)   None of these


Answer: c)

6). 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)

7). 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)

8). 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)

9). Money lent for 15 days or more in inter-bank market is called _____________
a)   Term Money
b)   Short Term Money
c)   Call Money
d)   Notice Money
e)   None of these


Answer: a)

10). While discussing investments there is mention of short term government security. What is this type of investment known as ______________
a)   Debenture
b)   Share
c)   Mutual Funds
d)   Treasury Bill
e)   None of these


Answer: d)

Answer Key:

1).a   2).a   3).d   4).c    5).c    6).b    7).a    8).d    9).a    10).d
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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 16, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-126: Dear Readers, The List of important Banking Awareness Quiz for upc...


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