Banking Awareness Questions for RBI Grade-B Phase-1 Exam

June 7, 2017    

Dear Readers,

Just a few days are left forRBI Grade-B Phase-1 Exam. It is time to pace up your preparation of Banking Awareness forRBI Grade-B Officers. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. Cash kept in the currency chest is owned by-
(a) Currency Chest branch bank
(b) State Bank of India
(c) Central Government
(d) Reserve Bank of India
(e) Finance Ministry
Q2. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________
(a) Consortium
(b) Syndication
(c) Multiple Banking
(d) Participation
(e) None of the given options is true
Q3. What is the minimum amount of deposit into/withdrawal from currency chest?
(a) Rs.5,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) Rs.1,00,000
Q4. What is the maximum period for which a term deposit can be normally opened?
(a) 8 years
(b) 7 years
(c) 9 years
(d) 10 years
(e) 12 years
Q5. DICGC guarantees amount up to _____________ per depositor per bank.
(a) Rs.1,00,000
(b) Rs.1,50,000
(c) Rs.2,00,000
(d) Rs.3,00,000
(e) None of the given options is true
Q6. When a Bank provides a loan for purchase of white goods, it is categorised as _____________
(a) Consumption loan
(b) White Goods loan
(c) Consumer Durable Loan
(d) Working Capital
(e) None of the given options is true
Q7. Fixed Deposits and Recurring Deposits are-
(a) repayable after an agreed period
(b) repayable on demand
(c) not repayable
(d) repayable on demand or after an agreed period as per customers' choice
(e) None of the given options is true
Q8. What is the full form of ‘FSDC’ which is used in financial sectors?
(a) Financial Security and Development Council
(b) Financial Stability and Development Council
(c) Fiscal Security and Development Council
(d) Fiscal Stability and Development Council
(e) None of the given options is true
Q9. FSDC was set up by the Government as the apex level forum in-
(a) September 2002
(b) January 2016
(c) March 2012
(d) July 2005
(e) December 2010
Q10. CRAR stands for _________
(a) Capital to Risk-Weighted Assets Ratio
(b) Capital to Risk Assets Ratio
(c) Credit Rating-Weighted Assets Ratio
(d) Credit Rating Assets Ratio
(e) None of the given options is true
Q11. The Doing Business Report” is prepared by which of the following organisations every year?
(a) Asian Development Bank (ADB)
(b) World Bank (WB)
(c) New Development Bank (NDB)
(d) World Trade Organization (WTO)
(e) None of the given options is true
Q12. Which of the following cannot be called as a debt instrument as referred in financial transactions?
(a) Certificate of Deposits
(d) Commercial Paper
(e) None of the given options is true
Q13. Which of the following is not a type of cheque issued by an individual?
(a) Bearer Cheque
(b) Crossed Cheque
(c) Order Cheque
(d) Savings Cheque
(e) None of the given options is true
Q14. “World Investment Report” is annually published by-
(d) UNCTAD
Q15. Treasury bills are issued in India by ______
(b) State Government
(c) Government of India
(e) NABARD
Answers will be updated soon......
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Banking Awareness Questions for RBI Grade-B Phase-1 Exam 4.5 5 Yateendra sahu June 7, 2017 Dear Readers, Just a few days are left for RBI Grade-B Phase-1 Exam. It is time to pace up your preparation of Banking Awareness for RBI...


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