Important Banking Awareness Questions for Upcoming Exams 2017

February 9, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-120:
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). After State Bank of India, which of the following banks has the largest number of offices?
a)   Punjab National Bank
b)   Bank of India
c)   Andhra Bank
d)   Canara Bank
e)   None of these


Answer: a)

2). With which of following types of loans are teaser rates related?
a)   Home loans
b)   Personal loans
c)   Auto loans
d)   Reverse mortgage loans
e)   None of these


Answer: a)

3). In which denomination were India's first bimetallic coins issued in the year 2009?
a)   Rs. 100
b)   Rs. 5
c)   Rs. 10
d)   Re. 1
e)   None of these


Answer: c)

4). Part of company’s earning or profit which is paid out to share holders is known as _______
a)   Premium
b)   Dividend
c)   Bonus
d)   Sum Assured
e)   Return


Answer: b)

5). What is the duration of Public Provident Fund (PPF) account?
a)   3 years
b)   5 years
c)   9 years
d)   15 years
e)   18 years


Answer: d)

6). 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)

7). The ability of commercial banks to increase their deposits by expanding their loans and advances is known as _______.
a)   Capital Expansion
b)   Capital Creation
c)   Credit Expansion
d)   Credit Control
e)   Credit Creation


Answer: e)

8). Which was the first bank to introduce ATM in India?
a)   HSBC
b)   Standard Chartered Bank
c)   State Bank of India
d)   United Bank of India
e)   None of these


Answer: a)

9). What is the GDP growth projected in the 2015-16?
a)   8-8.5%
b)   9-9.7%
c)   8-9%
d)   7.7 to 8.5%
e)   None of these


Answer: a)


10). ‘Which bank launched smart star account?
a)   HDFC Bank
b)   HSBC
c)   ICICI Bank
d)   IDBI Bank
e)   None of these


Answer: c)
Answer Key:

1).a   2).a   3).c    4).b   5).d   6).d   7).e   8).a   9).a   10).c
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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu February 9, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-120: Dear Readers, The List of important Banking Awareness Quiz for up...


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