Important Banking Awareness Quizzes (Topic Wise) for SBI Clerk / IBPS Exams 2017

June 18, 2017 Share Like Labels: ig

Important Banking Awareness Quizzes (Topic Wise) for SBI Clerk / IBPS Exams 2017:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming SBI Clerk / IBPS Exams 2017 can make use of it. Kindly share this to all your friends and recommend them to follow our site regularly.

Money Market Instruments

1. Money market instruments has maturity period ________.

1).Money Market refers to the market for short-term requirement and deployment of funds, which have a maturity period of less than one year.
Answer: B

2. In Inter bank market operations where funds are borrowed and lent for 1 day or less is known as ________.

2).
Answer: C

3. Where money is borrowed or lend for a period exceeding 14 days is known as________.

3). Where money is borrowed or lend for a period exceeding 14 days is known as Term Money. If the period is between 2-14 days means it will be called as Notice Money.
Answer: E

4. Capital Market is used for ________ purpose.

4). Capital Market is used for long term purpose whereas Money market used for short term purpose.
Answer: B

5. Who issues Treasury bills (T-bills) in India?

5). Treasury bills are issued by the Government of India. Reserve Bank of India manages and services these securities through its public debt offices.
Answer: B

6. The maximum time period of T-Bills is ________.

6). At present, the Government of India issues three types of treasury bills through auctions, namely, 91-day, 182-day and 364-day.
Answer: D

7. The minimum amount for which T-Bills issued in India is ________.

7). The minimum amount is 25,000. Otherwise it should be multiple of 25,000.
Answer: C

8. What is the maximum amount for which T-bills are issued in India?

8). T-Bills doesn’t have any upper ceiling.
Answer: E

9. The Reserve bank of India conducts 91 day T-Bill auction ________.

9). The 91-day T-bills are auctioned every week on Wednesdays, 182-day and 364-day T-bills are auctioned every alternate week on Wednesdays.
Answer: E

10. What does first S stands for in MSS?

10). Market Stabilization Scheme is issued to extract excess liquidity in the system rather than providing the government with funds.
Answer: C

11. Identify the false statement.

11).
Answer: E

12. Cash Management Bills in India are non-standard, discounted instruments issued for maturities less than ________ days.

12). Cash Management Bills, to meet the temporary cash flow mismatches of the Government.
Answer: C

13. T-bills auctions are held on ________ platform.

13). T-bills auctions are held on the Negotiated Dealing System (NDS) and the members electronically submit their bids on the system.
Answer: B

14. All of the following are money market instruments except________.

14). Indian Depository Receipt is a capital market instrument.
Answer: C

15. Identify the Identify the correct statement.

15).
Answer: E