Important Banking Awareness Questions for Upcoming Exams 2017

February 23, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-132:
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). Medium-term industrial finance refers to the funds required for a period of one year to ________
a)   6 years
b)   2 years
c)   3 years
d)   4 years
e)   5 years


Answer: e)

2). What does the acronym IFCI mean?
a)   International Finance Corporation of India
b)   Industrial Finance Corporation of India
c)   Institute of Financial Consultants of India
d)   Industrial Finance Council of India
e)   None of these


Answer: b)

3). Banks are required to provide loans to the priority sector upto a specified limit. What is the limit for public sector bank?
a)   50%
b)   20%
c)   40%
d)   10%
e)   None of these


Answer: c)

4). Which of the following bank has its headquarters in Tamil Nadu?
a)   Dhanalakshmi Bank
b)   Karur Vysya Bank
c)   South Indian Bank
d)   Catholic Syrian Bank Ltd
e)   None of these


Answer: b)

5). Industrial Finance Corporation of India, is an Indian government owned ______
a)   Private Bank
b)   Scheduled Bank
c)   Development Bank
d)   All of these
e)   None of these


Answer: c)

6). If a crossed cheque is presented for payment ______________
a)   It can be paid across the counter in another bank
b)   Cash can be paid across the counter to the presenter
c)   It can be paid only through a banker
d)   Cash can be paid across the counter to the presenter
e)   None of these


Answer: c)

7). Which of the following scheme was formulated by RBI?
a)   Banking Ombudsman Scheme
b)   Jan Dhan Yojana
c)   MUDRA Bank Yojana
d)   Boutique Financing Scheme
e)   None of these


Answer: a)

8). A transfer of money from a migrant worker to their families or other individuals in their home countries is known as _________
a)   Inward Remittance
b)   Foreign Remittance
c)   Commercial banking
d)   Wholesale banking
e)   None of these


Answer: b)

9). 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)

10). Regional rural banks are managed by ______?
a)   The Central Government
b)   Sponsored Bank
c)   The State Government
d)   All of the above
e)   None of the above


Answer: d)
Answer Key:
1).e   2).b   3).c   4).b    5).c    6).c    7).a    8).b    9).d    10).d

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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 23, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-132: Dear Readers, The List of important Banking Awareness Quiz for upc...


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