Important Banking Awareness Questions for Upcoming Exams 2017 Set-163:
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) 2010
b) 2008
c) 2012
d) 2011
e) None of these
Answer: b)
2). Federal Reserve is the central bank of :
a) USA
b) Japan
c) India
d) China
e) None of these
Answer: a)
3). Where is the central office of Asian Development Bank?
a) Tokyo
b) Manila
c) London
d) Dhaka
e) None of these
Answer: b)
4). BSBDA, stands for:
a) Basic Savings Bank Dual Account
b) Base Savings Bank Deposit Account
c) Basic Savings Bank Deposit Application
d) Basic Savings Bank Deposit Account
e) None of these
Answer: d)
5). If the involvement of financial intermediary in aiding credit creation without regulatory oversight is Called:
a) Virtual banking
b) Common banking
c) Unit banking
d) Shadow banking
e) Yes banking
Answer: d)
6). Goods and services tax would replace which tax?
a) Custom duty
b) Excise duty
c) Value added tax
d) Service tax
e) None of these
Answer: c)
7). Which of the following is also known as policy rate?
a) Bank rate
b) Repo rate
c) Base rate
d) CRR
e) None of these
Answer: d)
8). In the context of banking system, what does productivity means?
a) Production of service
b) Business per employee
c) Quality of customer service
d) Both (a) and (b)
e) None of these
Answer: b)
9). Which of the following term is not associated with economy?
a) GDP
b) Hindu Growth
c) PPP
d) LED
e) None of these
Answer: d)
10). What is the expanded form ECS as used in banking sector?
a) Effective Clearing System
b) Enabled Clearing System
c) Electronic Clearing System
d) Electronic Confirmation System
e) None of these
Answer: c)
Answer Key:
1).b 2).a 3).b 4).d 5).d 6).c 7).d 8).b 9).d 10).c
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