Banking Awareness Quiz for PO & Clerk Exam : Set 11 | GK Infopedia

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[1]Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by
A. Asian Development Bank
B. Reserve Bank of India
C. World Bank
D. International Monetary Fund
Ans: International Monetary Fund
Explanation : 0

[2]Foreign Trade Policy is Framed by :
A. RBI
B. EXIM Bank
C. DGFT
D. Ministry of Commerce, Government of India.
Ans: Ministry of Commerce, Government of India.
Explanation : 0

[3]Under the Banking Regulation Act, 1949, which of following is not qualified to be called as banks in the co-operative sector?
A. Urban Co-operative Banks
B. Primary Agricultural Credit Societies
C. State Co-operative Banks
D. Central Co-operative Banks
Ans: Primary Agricultural Credit Societies
Explanation : 0

[4]Which instrument cannot be transferred from one person to another by endorsement?
A. Fixed Deposit Receipt
B. Short deposit
C. Deposit Receipt
D. All of the above
Ans: Fixed Deposit Receipt
Explanation : 0

[5]CAG Stands for
A. Controller and Auditor General of India
B. Constant and Author General of India
C. Constant Auditor General of India
D. Central Auditor General of India
Ans: Controller and Auditor General of India
Explanation : 0

[6]Which bank has acquired the Sharekhan.com- broking and trading company?
A. HSBC
B. BNP Paribas
C. Deutsche Bank
D. ING Vysya
Ans: BNP Paribas
Explanation : 0

[7]Through which of the following the funds to the projects aided by the World Bank and the International Monetary Fund (IMF) are distributed?
A. Regional Branches of RBI
B. NABARD
C. Integrated Rural Development Programme
D. Agriculture Refinance and Development Corporation
Ans: Agriculture Refinance and Development Corporation
Explanation : 0

[8]A person writes a cheque to make payment to someone. Which of the following must be mentioned on the cheque to complete the transaction successfully?
A. Name of the payee
B. A valid amount
C. A valid date
D. All the above
Ans: All the above
Explanation : 0

[9]Which of the following is the name of the organization specifically to develop small scale industrial sector in our country?
A. NABARD
B. SEBI
C. SIDBI
D. AMFI
Ans: SIDBI
Explanation : 0

[10]Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Groups monthly publication?
A. Janet Yellen
B. Raghuram Rajan
C. Graeme Wheeler
D. Mario Draghi
Ans: Raghuram Rajan
Explanation : 0

[11]What was the purpose of setting up Narsimhan committee-2?
A. efficiency and productivity of financial institution
B. banking reform process
C. export of it sector
D. fiscal reform process
Ans: banking reform process
Explanation : 0

[12]World investment report is published by?
A. UNDP
B. World bank
C. IMF
D. UNCTAD
Ans: UNCTAD
Explanation : 0

[13]Service Area Approach (SAA) is associated With?
A. Development banks
B. Branches of commercial banks situated in metro cities
C. Urban branches of commercial banks
D. Rural and Semi-urban branches of commercial banks
Ans: Rural and Semi-urban branches of commercial banks
Explanation : 0

[14]What is the full form of PPP?
A. Personal Private Power
B. Primary Power Parity
C. Personal Private Parity
D. Purchasing Power Parity
Ans: Purchasing Power Parity
Explanation : 0

[15]When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as
A. demand deposit
B. term deposit
C. bond
D. mortgage
Ans: term deposit
Explanation : 0

[16]Which of the following is the Headquarters of Yes Bank?
A. Noida
B. Hyderabad
C. Chennai
D. Mumbai
Ans: Mumbai
Explanation : 0

[17]Expand MAT related to tax?
A. Minimum Additional Tax
B. Maximum Alternative Tax
C. Maximum Additional Tax
D. Minimum Alternative Tax
Ans: Minimum Alternative Tax
Explanation : 0

[18]According to accepting public deposits, NBFCs can be classified into
A. Two
B. Three
C. Four
D. All of the Above
Ans: Two
Explanation : 0

[19]Which agency in India provides refinance of export credit?
A. SIDBI
B. NABARD
C. RBI
D. EXIM Bank
Ans: EXIM Bank
Explanation : 0

[20]The first government of RBI is –
A. C.D. Deshmush
B. Dr. Manmohan Singh
C. C. Rang Rajan
D. D. Subba Rao
Ans: C.D. Deshmush
Explanation : 0

[21]What is the full form of FCCB?
A. Foreign Currency convertible Bond
B. Foreign Currency credit Bond
C. Financial Consortium and Credit Bureau
D. Future Credit and Currency Bureau
Ans: Foreign Currency convertible Bond
Explanation : 0

[22]Mortgage is Security on:
A. Immovable Property
B. Movable Property
C. Both Movable and Immovable Property
D. cannot be determined
Ans: Immovable Property
Explanation : 0

[23]What does DD stand for
A. Demand Cheque
B. Demand Credit
C. Demand Cash
D. Demand Draft
Ans: Demand Draft
Explanation : 0

[24]In 2014, Competition Commission of India probed the merger between regional rural banks sponsored by Punjab National Bank and
A. Andhra Bank
B. Union Bank of India
C. State Bank of India
D. Syndicate Bank
Ans: Syndicate Bank
Explanation : 0

[25] The Central Office of the Reserve Bank was initially established in
A. Indore
B. Delhi
C. Calcutta
D. None of These
Ans: Calcutta
Explanation : 0



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