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: d)
2). CBS stand for?
Answer: c)
3). Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
Answer: b)
4). Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
Answer: a)
5). An average citizen cannot a savings account in which of the following?
Answer: d)
6). Financial inclusion is meant for -
Answer: a)
7). Euro money is the official currency of -
Answer: c)
8). When Repo rate is reduced by RBI, it leads to
Answer: c)
9). Which instrument cannot be transferred from one person to another by endorsement?
Answer: a)
10). NCAER is located in _______
Answer: b)
1). Current accounts are meant and useful for _____?
a) Investment purposes
b) Identity purposes
c) Savings purposes
d) Day-to-day business needs
e) Operational convenience
Answer: d)
2). CBS stand for?
a) Centralised banking system
b) Computer based Solution
c) Core banking Solution
d) Customised banking Solution
e) None of the Above
Answer: c)
3). Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
a) Royal Commission
b) Hilton Young Commission
c) Dantwala Committee
d) D R Mehta Commission
e) None of these
Answer: b)
4). Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
a) Basel Committee
b) UN charter on commercial laws.
c) World trade organization
d) International Board of banks and finance
e) None of these
Answer: a)
5). An average citizen cannot a savings account in which of the following?
a) Commercial Bank
b) Post office
c) Cooperative bank
d) RBI
e) None of these
Answer: d)
6). Financial inclusion is meant for -
a) Less privileged persons
b) Senior citizens
c) Micro finance institutions
d) All the above
e) None of these
Answer: a)
7). Euro money is the official currency of -
a) NATO
c) European Union
d) Germany and England
e) None of these
Answer: c)
8). When Repo rate is reduced by RBI, it leads to
a) reduction of cost to borrowers on loans from banks
b) increase in cost of loans to borrowers from banks
c) reduction in cost of borrowing by banks from RBI
d) increase in cost of borrowing by banks from RBI
e) None of these
Answer: c)
9). Which instrument cannot be transferred from one person to another by endorsement?
a) Fixed Deposit Receipt
b) Short deposit
c) Deposit Receipt
d) All of the above
e) None of these
Answer: a)
10). NCAER is located in _______
a) Mumbai
b) New Delhi
c) Noida
d) Chennai
e) Hyderabad
Answer: b)
1)d 2)c 3)b 4)a 5)d 6)a 7)c 8)c 9)a 10)b
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