Important Banking Awareness Questions for Upcoming Exams 2017 Set-151:
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.
a) Syndicate Bank
b) Canara Bank
c) Dena Bank
d) Indian Overseas Bank
e) None of these
Answer: c)
2). A cheque which is not crossed is called _____________
a) Open cheque
b) Uncrossed cheque
c) Order cheque
d) Bearer cheque
e) None of these
Answer: a)
3). Banks has different interest rates for different loans products. To which rate are these interest rates linked?
a) RBI Administered rate
b) Prime lending rate
c) Base rate
d) Bank rate
e) None of these
Answer: c)
4). The Commercial Banking System in India consists of ______.
a) Regional Rural banks and Co-operative Banks
b) Scheduled and Non-Scheduled Banks
c) Nationalized Banks and Private Sector Banks
d) None of these
e) All of these
Answer: b)
5). Loan of very small amounts given to low income groups is called ?
a) Cash credit
b) Micro credit
c) Simple overdraft
d) No frills loans
e) Rural credit
Answer: B)
6). Whose signature is found on a 50 rupee currency note in India?
a) President of India
b) Governor, RBI
c) Finance Minister
d) Prime Minister of India
e) Secretary, Ministry of Finance
Answer: b)
7). Which of the following is held by a depository?
a) Shares
b) Debentures
c) Government Securities
d) Bonds
e) All of these
Answer: e)
8). Central Depository Services Limited (CDSL), is the second Indian central securities depository based in?
a) New Delhi
b) Chennai
c) Hyderabad
d) Mumbai
e) Noida
Answer: d)
9). Public Sector Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance?
c) 40%
d) 15%
e) None of the above
Answer: c)
10). CRISIL is a __________.
a) Mutual Fund
b) Credit Rating Agency
c) Investment Bank
d) Share Depository
e) None of the above
Answer: b)
Answer Key:
1).c 2).a 3).c 4).b 5).B 6).b 7).e 8).d 9).c 10).b
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