Dear Readers,
Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis. Let us see how many questions you attempt accurately.
Q1. Which of the following is the first Regional Rural Bank of India?
(a) AP Grameena Vikas Bank
(b) Chaitanya Godavari
(c) Andhra Pragathi
(d) Prathama Bank
(e) Baroda UP Gramin Bank
Q2. India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.
(a) 100% GOI equity
(b) 50% GOI and 50% RBI
(c) 50% GOI, 25% RBI, 25% Sponsor Bank
(c) 50% Sponsor Bank and 50% RBI
(d) 50% GOI, 35% RBI, 15% Sponsor Bank
Q3. Which of the following is the sponsor of Prathama Bank?
(a) Syndicate Bank
Q4. India Post Payments Bank(IPPB) has offered demand deposits such as savings and current accounts up to a balance of Rs. ____
(a) 2 lakh
(b) 1 lakh
(c) 10 lakh
(d) 50 lakh
(e) 3 lakh
Q5. The oldest Stock Exchange of Asia is-
(a) Bombay Stock Exchange
(b) Calcutta Stock Exchange
(c) Tokyo Stock Exchange
(d) Dhaka Stock Exchange
(e) Afghanistan Stock Exchange
Q6. The Government of India holds how much percent stake in NABARD?
Q7. Insurance Services provided by various banks is commonly known as ______
(a) Investment Banking
(b) Portfolio Management
(c) Micro Finance
(d) Bancassurance
(e) None of the above
Q8. In the term STRIPS, the letter “T” denotes-
(a) Truncation
(b) Transfer
(c) Transit
(d) Transport
(e) Trading
Q9. SEBI was given additional statutory power by the GOI through an amendment to which act?
(a) Negotiable Instruments Act 1881.
(b) Securities and Exchange Board of India Act, 1992
(c) Reserve Bank of India Act 1934
(d) Companies Act 1956
(e) Banking Regulation Act, 1949
Q10. The headquarters of NASDAQ stock exchange is-
(a) Washington DC, USA
(b) New York, USA
(c) Tokyo, Japan
(d) Frankfurt, Germany
(e) Beijing, China
Q11. The Nikkei index or the Nikkei Stock Average is a stock market index for-
(a) OMX Nordic Exchange
(b) Toronto Stock Exchange (TSX)
(c) BM&F Bovespa
(d) Deutsche Börse
(e) Tokyo Stock Exchange
Q12. The headquarters of Pension Fund Regulatory and Development Authority (PFRDA) is?
(a) Mumbai
(b) Hyderabad
(c) New Delhi
(d) Chennai
(e) Kolkata
Q13. National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by?
(b) EXIM Bank
Q14. NPS is administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA) created by an Act of Parliament. NPS stands for-
(a) National Pension System
(b) National Pension Solution
(c) Nominal Pension System
(d) National Product System
(e) National Pension Service
Q15. Which of the following is the headquarters of Prathama Bank?
(a) Maldah, West Bengal
(b) Gorakhpur, Uttar Pradesh
(c) Moradabad, Uttar Pradesh
(d) Varanasi, Uttar Pradesh
(e) Patna, Bihar
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