Important Banking Awareness Questions for Upcoming Exams 2017 Set-150:
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.
1). Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?
a) ING Vysya Bank
b) Karur Vysya Bank
c) Lakshmi Vilas Bank
d) Jammu and Kashmir Bank
e) Other than the given options
Answer: a)
2). Which of the following is an investment strategy in which a fund invests in other types of funds?
a) Bond
b) Securities
c) Stock
d) Funds of Fund
e) None of these
Answer: d)
3). Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
a) Govt. employees
b) HNIs
c) NRIs
d) Students
e) Illiterate people
Answer: e)
4). Budget is an instrument of
a) Commercial policy of the government
b) Fiscal policy of the government
c) Monetary policy of the government
d) Money-saving policy of the government
e) None of these
Answer: b)
5). Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
a) SBI
b) Punjab National Bank
c) Federal Bank
d) HSBC
e) Other than the given options
Answer: d)
6). Who has been appointed the interim Managing Director and CEO of India Post Payments Bank (IPPB)?
a) Seema Biswas
b) Nihar Gupta
c) S R Reddy
d) A P Singh
e) None of these
Answer: d)
7). Which of the following is the first universal bank of India?
a) HDFC
b) Axis Bank
c) ICICI
d) Federal Bank
e) None of these
Answer: c)
8). Which of the following bank headquarters not in New Delhi?
a) Oriental Bank of Commerce
b) Bank of India
c) Bhartiya Mahila Bank
d) Punjab & Sind Bank
e) none of these
Answer: b)
9). What is the Currency of Taiwan?
a) Taiwan euro
b) Taiwan pound
c) Taiwan dollar
d) Taiwan rupee
e) None of these
Answer: c)
10). In banking terminology the word “Co - obligant” means :
a) A person who has guaranteed the account of another person(s)
b) A person who has executed an indemnity bond in a bank’s favour
c) A person who has assumed obligations of contract jointly with other person(s)
d) A person/ business undertaking opening a documentary letter of credit
e) None of these
Answer: c)
Answer Key:
1).a 2).d 3).e 4).b 5).d 6).d 7).c 8).b 9).c 10).c
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