Dear Aspirants,
Banking Awareness for SBI Clerk 2018
With the increased competition in the field of banking examinations, it has now become very important to cover up all the sections efficiently. One subject that can help you bagging graceful marks in the minimum time in these examinations is Banking Awareness. Banking Awareness Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking Recruitment.
Q1. _______________ is entrusted with the responsibility of regulation of commercial banks under the regulatory provisions contained in the Banking Regulation Act, 1949 and RBI Act, 1934 besides enunciation of banking policies.
(a) NBFC
(b) SEBI
(c) BCSBI
(d) DBOD
(e) IBBI
Q2. The FSB was established in ____________ as the successor to the Financial Stability Forum (FSF).
(a) April 2009
(b) April 2011
(c) April 2007
(d) April 2013
(e) April 2005
Q3. The FSB was established as the successor to the Financial Stability Forum (FSF). What is the meaning of "B" in FSB?
(a) Basel
(b) Bureau
(c) Banking
(d) Base
(e) Board
Q4. What is the full form of DBOD in Banking and Financial terms?
(a) Derivative of Banking Operations & Development
(b) Department of Bureau Operations & Development
(c) Department of Banking Operations & Development
(d) Department of Banking Organizations & Development
(e) Department of Board Operations & Development
Q5. In which among the following city, The FSF was first convened-?
(a) New Delhi
(b) Washington
(c) New York
(d) Paris
(e) Geneva
Q6. The Financial Stability Forum was a group consisting of major national financial authorities such as finance ministries, central bankers, and international financial bodies. Where is the headquarters of Financial Stability Forum?
(a) Beijing
(b) Vienna
(c) New York
(d) Paris
(e) Basel
Q7. What is the full form of NOFHC in Banking and Financial terms?
(a) Non-Operative Financial Holding Common
(b) Non-Operative Financial Holding Co-operative
(c) Non-Operative Financial Holding Corporation
(d) Non-Operative Financial Holding Company
(e) National Operator Financial Holding Company
Q8. What is the meaning of "C" in SEAC?
(a) Corporation
(b) Commission
(c) Committee
(d) Co-Ordinator
(e) Common
Q9. LTV ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. What is the meaning of "V" in LTV?
(a) Voucher
(b) Value
(c) Vendor
(d) Vehicles
(e) Vacuum
Q10. _____________ is a system set up, operated and maintained by the Reserve Bank of India (hereinafter referred to as the 'Bank') to enable operations on current accounts maintained at various offices of the Bank, through standard message formats in a secure manner.
(a) SFMS
(b) CFMS
(c) SWIFT
(d) IDRBT
(e) EFT
Q11. _______________ is a unique institution exclusively focused on Banking Technology.
(a) BCSBI
(b) SWIFT
(c) IBBI
(d) IDRBT
(e) EFT
Q12. _________ is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications.
(a) SFMS
(b) CFMS
(c) SWIFT
(d) IDRBT
(e) EFT
Q13. What is the meaning of "C" in CFMS?
(a) Centralized
(b) Corporation
(c) Credit
(d) Commonly
(e) Cash
Q14. _______________ is an open-ended Equity Mutual Fund that doesn't just help you save tax, but also gives you an opportunity to grow your money. It qualifies for tax exemptions under section (u/s) 80C of the Indian Income Tax Act.
(a) CRR
(b) RTGS
(c) EFT
(d) LTV
(e) ELSS
Q15. What is the full form of IBDRT in Banking and Financial terms?
(a) Institute for Department and Research in Banking Technology
(b) Institute for Development and Research in Banking Technology
(c) Institute for Development and Research in Bureau Technology
(d) Institute for Development and Research in Board Technology
(e) Institute for Development and Reconstruction in Banking Technology
We will be updating the deatiled solutions shortly...
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