Important Banking Awareness Questions for Upcoming Exams 2017 Set-172:
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). Bank of India was established on 7 September _______
a) 1895
b) 1926
c) 1954
d) 1906
e) 1940
Answer: d)
2). The reserves held by Commercial Banks over and above the statutory minimum are called_____
a) Cash reserves
b) Deposit reserves
c) Excess reserves
d) Momentary reserves
e) Over reserves
Answer: c)
3). Which bank are Public Sector Banks of India?
a) More than 50 % stake held by government
b) 50 % stake held by government
c) Less than 50 % stake held by government
d) All of the above
e) None of the above
Answer: a)
4). Which one of the following rates is not decided by RBI?
a) Repo rate
b) Base rate
c) Bank rate
d) Marginal Standing Facility (MSF) rate
e) None of these
Answer: b)
5). ________is the organization that maintains the borrower’s history in India.
a) CAMEL
b) CARE
c) CRISIL
d) CIBIL
e) None of these
Answer: d)
6). RBI has introduced “Marginal Standing Facility” with the objective of:
a) Controlling Inflation
b) Containing instability in long term inter-bank rates
c) Containing instability in the overnight inter-bank rates
d) All of the above
e) None of these
Answer: c)
7). Pawan Kumar Bajaj is the MD and CEO of ________________
a) United Bank of India
b) Dena Bank
c) Bank of Maharashtra
d) Allahabad Bank
e) None of these
Answer: b)
8). NABARD is responsible for regulating and supervising the functions of
a) Investment and Industrial Finance Banks
b) Cooperative Banks and Regional Rural Banks
c) Corporate Finance and Overseas Banking Units
d) Private Sector and Multinational Banks
e) Reserve Bank of India
Answer: b)
9). Which type of risk arises before a bank that trades in government securities?
a) Liquidity risk
b) Market risk
c) Credit risk
d) Trade risk
e) None of the above
Answer: b)
10). Times bank limit merged with
a) HDFC bank
b) Bank of India
c) PNB Bank
d) Central Bank of India
e) None of these
Answer: a)
Answer Key:
1).d 2).c 3).a 4).b 5).d 6).c 7).b 8).b 9).b 10).a
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