Important Banking Awareness Questions for Upcoming Exams 2017 Set-170:
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 of the following was the first Indian bank to open a branch in London in 1946 and the first to open a branch in Paris in 1974?
a) State Bank of India
b) Punjab National Bank
c) Central Bank of India
d) Allahabad Bank
e) Bank of India
Answer: e)
2).A person writes a cheque to make payment to someone. Which of the following must be mentioned on the cheque to complete the transaction successfully?
a) Name of the payee
b) A valid amount
c) A valid date
d) Drawer's signature
e) All the above
Answer: e)
3). Which of the following banks (in Sep 2016) has announced the deployment of `Software Robotics' in over 200 business processes across various functions?
a) Axis Bank
b) ICICI Bank
c) HDFC Bank
d) IDFC Bank
e) IDBI Bank
Answer: b)
4). YES Bank recently deferred its $1-bn equity raising plan. The bank was panning to raise money through QIP, which means
a) Quantitative Institutional Placement
b) Qualitative Institutional Placement
c) Quintessential Institutional Placement
d) Qualified Institutional Placement
e) None of these
Answer: d)
5). Prathama Bank is the first Regional Rural Bank (RRB) of India established on 2 Oct, 1975, with its Head Office at Moradabad. The bank was sponsored by
a) State Bank of India
b) Central Bank of India
c) Bank of India
d) Punjab National Bank
e) Syndicate Bank
Answer: e)
6). Which of the following types of banks are NOT allowed to provide credit facilities to their customers?
a) Small Banks
b) Payments Banks
c) Universal Banks
d) Cooperative Banks
e) Regional Rural Banks
Answer: b)
7). Masala bonds are Indian rupee denominated bonds issued in offshore capital markets. The RBI has reduced the minimum tenure of such bonds that an Indian company can, issue to
a) one year
b) two years
c) three years
d) four years
e) five years
Answer: c)
8). Ashok Kumar Pradhan was recently appointed as the Chief General Manager of which of the following banks?
a) State Bank of Mysore
b) State Bank of Hyderabad
c) State Bank of Bikaner and Jaipur
d) State Bank of Travancore
e) State Bank of Patiala
Answer: d)
9). The Canada Pension Plan Investment Board (CPPIB) received the Reserve Bank of India's approval to increase its stake beyond five per cent to 10 per cent in
a) Axis Bank
b) Kotak Mahindra Bank
c) YES Bank
d) IDFC Bank
e) Federal Bank
Answer: b)
10). Flipkart-owned mobile payments startup PhonePe has launched unified payments interface (UPI) based, payments app for which it has partnered with
a) Yes Bank
b) Federal Bank
c) HDFC Bank
d) ICICI Bank
e) IDFC Bank
Answer: a)
Answer Key:
1).e 2).e 3).b 4).d 5).e 6).b 7).c 8).d 9).b 10).a
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