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.
Answer: b)
2). The Definition of ‘Banking’ is given in _______
Answer: c)
3).On a Cheque instead of two parallel lines only bank’s name is written is known as _________
Answer: c)
4). How many Deputy Governors are there in RBI?
Answer: b)
5). Service Area Approach (SAA) is associated With?
Answer: d)
6). Generally, what is the designation of head of public sector undertakings (PSUs) and PSU banks in India?
Answer: b)
7) .If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be:
Answer: a)
8). The Imperial Bank of India, after its nationalization came to be known as
Answer: b)
9). Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?
Answer: d)
10). Expand the term LIBOR as used in financial banking sectors?
Answer: d)
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1). Sukanya Samriddhi Yojana was launched in which year?
a) 2016
b) 2015
c) 2014
d) 2013
e) None of these
Answer: b)
2). The Definition of ‘Banking’ is given in _______
a) Negotiable Instrument Act, 1881
b) RBI Act, 1934
c) The Banking Regulation Act, 1949
d) Indian Contract Act, 1872
e) None of the Above
Answer: c)
3).On a Cheque instead of two parallel lines only bank’s name is written is known as _________
a) Payable to bearer
b) General Crossing
c) Special Crossing
d) Both (B) and (C)
e) None of the Above
Answer: c)
4). How many Deputy Governors are there in RBI?
e) None of these
Answer: b)
5). Service Area Approach (SAA) is associated With?
a) Development banks
b) Branches of commercial banks situated in metro cities
c) Urban branches of commercial banks
d) Rural and Semi-urban branches of commercial banks
e) None of these
Answer: d)
6). Generally, what is the designation of head of public sector undertakings (PSUs) and PSU banks in India?
a) President
b) Chairman cum Managing Director
c) Chairman
d) Director General
e) None of these
Answer: b)
7) .If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be:
a) Increase
b) Decrease
c) No impact
d) All of these
e) None of the above
Answer: a)
8). The Imperial Bank of India, after its nationalization came to be known as
a) Reserve Bank of India
b) State Bank of India
c) United Bank of India
d) Indian Overseas Bank
e) None of these
Answer: b)
9). Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?
· Bank rate
· Repo rate
· Savings bank rate
a) Only 1
b) Only 2
c) Both 1 and 2
d) All the three
e) None of these
Answer: d)
10). Expand the term LIBOR as used in financial banking sectors?
a) Local Indian Bank Offered Rate
b) London-India Bureau Of Regulations
c) Liberal International Bank Official Ratio
d) London Inter Bank Offered Rate
e) None of these
Answer: d)
Answer Key:
1).b 2).c 3).c 4).b 5).d 6).b 7).a 8).b 9).d 10).d
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