Important Banking Awareness Questions for Upcoming Exams 2017

February 27, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-135:
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). What does CRISIL stand for?
a)   Credit Rating and Industrial Services of India Limited
b)   Cash Rating and Industrial Services of India Limited
c)   Credit Rating and Investment Services of India Limited
d)   Currency Rating and Investment Services of India Limited
e)   None of these


Answer: c)

2). The word "Code Sharing" is most used in which of the following industries ?
a)   Information Technology       
b)   Defense Industry
c)   Nuclear Industry        
d)   Air Transport Industry
e)   None of these


Answer: d)

3). Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance ?
a)   5%         
c)   10%       
d)   15%
e)   None of these


Answer: c)

4). Expand NPD?
a)   Net Primary Deficit
b)   Non Primary Deficit
c)   Non Performing Deficit
d)   Net Present Deficit
e)   None of these


Answer: a)

5). Where is National Institute of Bank Management (NIBM) located?
a)   Nasik
b)   Mumbai
c)   Pune
d)   New Delhi
e)   None of these


Answer: c)

6). An _________ is a temporary pass through account held by a third party during the process of a transaction between two parties.
a)   Company Account
b)   Current Account
c)   Escrow Account
d)   Nominal Account
e)   None of these


Answer: c)

7). India has emerged as the world’s ________ largest startup base, according to a new report by Nasscom
a)   Fifth
b)   Seventh
c)   First
d)   Third
e)   None of these


Answer: d)

8). The RBI has authorized the Receivables Exchange of India (RXIL) to launch the country’s first trade receivables exchange platform for MEMEs buyers and financiers. The RXIL is promoted by
a)   SIDBI
b)   NSE
c)   BSE
d)   NABARD
e)   Both a) and b)


Answer: e)

9). Vijaya Bank has been adjudged ‘Best Bank for SME Lending’ in PSB category by Assocham at the 4th SMEs excellence Awards. The bank is headquartered at
a)   Chennai
b)   Hyderabad
c)   Bengaluru
d)   Mangalore
e)   Kochi


Answer: c)

10). When a corporate entity wishes to raise money from the market it can do that by issuing _________.
a)   Commercial Papers
b)   Treasury Bills
c)   KisanVikas Patra
d)   National Savings Certificates
e)   None of the above


Answer: a)

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

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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 27, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-135: Dear Readers, The List of important Banking Awareness Quiz for upc...


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