Banking Awareness Quiz for PO & Clerk Exam : Set 1 | GK Infopedia

Spread the love

[1]What is the slogan of State Bank of India?
A. The Banker to Every India
B. A Tradition of Trust
C. Relationship Beyond Banking
D. We Understand Your World
Ans: The Banker to Every India
Explanation : 0

[2]Which of the following cannot be called as a Debt Instrument as referred in financial transactions?
A. Certificate of Deposits
B. Bonds
C. Stocks
D. Commercial Papers
Ans: Stocks
Explanation : 0

[3]Who is introduced Paper Currency first time in India ?
A. Muhammad bin Tughlaq
B. Auranga jab
C. Akbar
D. British Government
Ans: British Government
Explanation : 0

[4]Pledge means?
A. advance against goods
B. open working capital limits
C. bailment of goods as security for payment of a debt or performance of a promise
D. all of the above
Ans: bailment of goods as security for payment of a debt or performance of a promise
Explanation : 0

[5]Khandelwal Committee relates to study of ………….. issue in Public Sector Banks?
A. Capital Adequacy Ratio
B. Human Resources
C. Branch Expansion
D. Foreign Exchange
Ans: Human Resources
Explanation : 0

[6]Which of the following rates are decided by the RBI called as Policy Rate‖?
A. Cash reserve ratio
B. Lending rate
C. Bank rate
D. Deposit rate
Ans: Cash reserve ratio
Explanation : 0

[7]Central Depository Services Limited (CDSL), is the second Indian central securities depository based in?
A. New Delhi
B. Chennai
C. Hyderabad
D. Mumbai
Ans: Mumbai
Explanation : 0

[8]Money lent for 15 days or more in inter-bank market is called
A. Term Money
B. Short Term Money
C. Call Money
D. Notice Money
Ans: Term Money
Explanation : 0

[9]The appointments of Banking Ombudsman will be carried out by which of the following?
A. Finance Ministry
B. RBI
C. Govt. of India
D. SEBI
Ans: RBI
Explanation : 0

[10]The Head Office of National Housing Bank is in
A. Kolkata
B. Bangalore
C. New Delhi
D. Mumbai
Ans: New Delhi
Explanation : 0

[11]Which of the following terms is used in banking and finance?
A. Abiotic
B. Demand Deposit
C. Fat scales
D. A diabetic
Ans: Demand Deposit
Explanation : 0

[12]Who appoints the governor of Reserve Bank of India?
A. Financial Secretary
B. Financial Ministry
C. Central Government
D. President of India
Ans: Central Government
Explanation : 0

[13]Which of the following functions are not being performed by the Reserve Bank of India?
A. Regulation of Banks in India
B. Regulation of Foreign Direct Investment inIndia
C. Foreign Currency Management in India
D. Currency Management in India
Ans: Regulation of Foreign Direct Investment inIndia
Explanation : 0

[14]The New Capital Adequacy Frame work prescribed for the banks is commonly known as?
A. KYC norms
B. Credit Policy
C. Basel accord
D. Fiscal Policy
Ans: Basel accord
Explanation : 0

[15]Headquarters of Asian Development Bank in
A. Mandaluyong, Philippines
B. New Delhi, India
C. Beijing, China
D. Washington, D.C., USA
Ans: Mandaluyong, Philippines
Explanation : 0

[16]Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of
A. Minors
B. Married women
C. Senior citizens
D. Govt. employees
Ans: Senior citizens
Explanation : 0

[17]Which of the following is included in bancassurance?
A. Insurance policies issued by the banks in their names
B. Selling by a bank the insurance policies of its ancillary insurance company
C. Selling by a bank the insurance policies of any insurance company
D. All the above
Ans: All the above
Explanation : 0

[18]Identify the odd one out from the following benefits of RTGS.
A. Settlement is immediate
B. Suited for only lower value transactions
C. Lowers the settlement risk
D. Avoids credit risk while settlement
Ans: Suited for only lower value transactions
Explanation : 0

[19]Tagline of Bank of Baroda
A. India’s best business bank
B. The Thinking Behind the Money
C. India’s International Bank
D. Not Your Typical Bank
Ans: India’s International Bank
Explanation : 0

[20]Accounts are allowed to be operated by cheques in respect of:-
A. both saving and fixed accounts
B. saving and current accounts.
C. current and fixed accounts.
D. all type of accounts available.
Ans: saving and current accounts.
Explanation : 0

[21]In which denomination were Indias first bimetallic coins issued in the year 2009?
A. Rs. 100
B. Rs. 5
C. Rs. 10
D. Re. 1
Ans: Rs. 10
Explanation : 0

[22]Which among the following is the first universal bank of India?
A. HDFC
B. Axis Bank
C. ICICI
D. Federal Bank
Ans: ICICI
Explanation : 0

[23]The IMGC is the sole provider of mortgage guarantor for housing finance in India. The alphabet I‖ in the abbreviation IMGC stands for
A. India
B. Institute
C. Internal
D. Informative
Ans: India
Explanation : 0

[24]BLA stands for
A. Bond Ledger Account
B. Bond Lending Account
C. Basic Ledger Account
D. Basic Lending Account
Ans: Bond Ledger Account
Explanation : 0

[25]A rise in the reserve ratio of banks
A. Will lead to an increase in the money supply
B. Will lead to a proportionate increase in the money supply
C. Will lead to a decrease in the money supply
D. Will have no impact on money supply
Ans: Will lead to a decrease in the money supply
Explanation : 0



Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *