Important Banking Awareness Questions for Upcoming Exams 2017

March 2, 2017    

Important Banking Awareness Questions for Upcoming Exams 2017
Important Banking Awareness Questions for Upcoming Exams 2017 Set-138:
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). A banking system where all operations are confined to a single office is known as __
a)   Unit Banking    
b)   Group Banking
c)   Chain Banking
d)   Branch Banking
e)   None of these


Answer: a)

2). Raising or lowering of the central bank discount rate is known as ____
a)   Bank rate policy        
b)   Open Market Operation
c)   Cash Reserve Ratio  
d)   None of these
e)   None of these


Answer: a)

3). Bank draft is a _________
a)   letter from the bank
b)   cheque which a bank draws itself
c)   Instruction to a banker to collect a customer’s debt.
d)   Instruction not to honor a stop payment
e)   Other than the given options


Answer: b)

4).  Which of the following is not the part of the scheduled banking structure in India?
a)   Money Lenders
b)   Public Sector Banks
c)   Regional Rural Banks
d)   Private Sector Banks.
e)   None of these


Answer: a)

5). Which of the following rates signals the RBI’s long-term outlook on interest rates?
a)   Repo Rate(RR)
b)   Reverse Repo Rate (RRR)
c)   Bank Rate (BR)
d)   Statutory Liquidity Ratio (SLR)
e)   Cash Reserve Ratio (CRR)


Answer: c)

6). Which of the following agencies maintain RIDF (Rural Infrastructure development Fund) ?
a)   Ministry of Rural Development
b)   Reserve Bank of India
c)   NABARD
d)   SIDBI
e)   None of these


Answer: c)

7). What is the Statutory Liquidity Ratio (SLR) on January 02 2017?
a)   20.75%
b)   21.75%
c)   20.50%
d)   21.50%
e)   None of these


Answer: c)

8). A tradition of trust is the tagline of ____________________
a)   Bank of Maharashtra
b)   Syndicate Bank
c)   Allahabad Bank
d)   Andra Bank
e)   None of these


Answer: c)

9). Which of the following is known as “Retail banking”?
a)   Merchant banking
b)   Investment banking
c)   Consumer banking
d)   Wholesale banking
e)   None of these


Answer: c)

10). Banks located in jurisdictions with low taxation and regulation is known as _____
a)   Private Banks
b)   Offshore banks
c)   Community Development Bank
d)   All of these
e)   None of these


Answer: b)
Answer Key:

1).a   2).a   3).b   4).a    5).c    6).c    7).c    8).c    9).c    10).b


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Important Banking Awareness Questions for Upcoming Exams 2017 4.5 5 Yateendra sahu March 2, 2017 Important Banking Awareness Questions for Upcoming Exams 2017 Set-138: Dear Readers, The List of important Banking Awareness Quiz for upc...


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