Banking Awareness Quiz for PO & Clerk Exam : Set 20 | GK Infopedia

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[1]Which of the following measures will have positive impact on Inflation? (Reduction in unnecessary expenditure of Government (
A. 1, 2 and 4
B. 2, 3 and 4
C. 1, 3 and 4
D. All of the above
Ans: All of the above
Explanation : 0

[2]Euro money is the official currency of -
A. NATO
B. UN
C. European Union
D. Germany and England
Ans: European Union
Explanation : 0

[3]Balance in a current account is classified as
A. Hybrid Deposit
B. Term Deposit
C. Demand Deposit
D. Flexi Deposit
Ans: Demand Deposit
Explanation : 0

[4]Who is the present Managing Director (MD) & Chief Executive Officer (CEO) of National Housing Bank (NHB)?
A. Sriram Kalyanaraman
B. Harsh Kumar Bhanwala
C. Kshatrapati Shivaji
D. Yaduvendra Mathur
Ans: Sriram Kalyanaraman
Explanation : 0

[5]Expand NPA
A. No Provision Account
B. Non Performing Asset (An asset which ceases to generate income)
C. No Profit Account
D. Non-Personal Accounts
Ans: Non Performing Asset (An asset which ceases to generate income)
Explanation : 0

[6]FINO stands for
A. Financial Investment Network and Operations
B. Farmers Investment in National Organization
C. Farmers Inclusion News and Operations
D. Financial Inclusion Network and Operations
Ans: Financial Inclusion Network and Operations
Explanation : 0

[7]“Crossing‖ applies to:
A. Cheques
B. Bills of exchange
C. Promissory Notes
D. Hundis
Ans: Cheques
Explanation : 0

[8]All coins that are minted in Noida have
A. Dot
B. Star
C. Diamond
D. No mark
Ans: Dot
Explanation : 0

[9]ASBA (Application Supported by Blocked Amounts) used with the help of banks associated with
A. Capital Market
B. Loans
C. World Bank Grants
D. Ponzi Schemes
Ans: Capital Market
Explanation : 0

[10]The Centre will over the next four years infuse how many crore rupees into the state-owned banks ?
A. Rs. 70,000 crore
B. Rs. 80,000 crore
C. Rs. 90,000 crore
D. Rs. 65,000 crore
Ans: Rs. 70,000 crore
Explanation : 0

[11]Base Rate is the rate below which no Bank can allow their lending to anyone. Who will fix this ‗Base Rate for Banks?
A. Individuals Banks Board
B. Ministry of Commerce
C. Ministry of Finance
D. RBI
Ans: Individuals Banks Board
Explanation : 0

[12]INDIAs Central Bank is slogan of:
A. Reserve Bank of India
B. State Bank of India
C. IDBI
D. SEBI
Ans: Reserve Bank of India
Explanation : 0

[13]Which Bank has launched IT Innovation Start-up Fund to support start-ups in the financial technology (finetech) space?
A. Punjab National Bank
B. Canara Bank
C. State Bank of India
D. Syndicate Bank
Ans: State Bank of India
Explanation : 0

[14]Which of the following is a pension scheme focused on the workers in the unorganiaed sector?
A. SSY
B. AMRUT
C. APY
D. PMAY
Ans: APY
Explanation : 0

[15]You might have heard of a bank run. What does it mean?
A. Identifies those banks which are performing very well
B. Banks which are promoting marathon sports events
C. When people rush to withdraw funds from their bank accounts
D. When banks do door to door publicity campaigns
Ans: When people rush to withdraw funds from their bank accounts
Explanation : 0

[16]By adopting Cheque Truncation System, the banks in India would be required to print security logo on the face of the cheque leaves as
A. CTS 2012
B. CTS 2013
C. CTS 2010
D. CTS 2009
Ans: CTS 2010
Explanation : 0

[17] ESAF Small Finance Bank has launched a social deposit scheme called Hrudaya Deposit scheme recently. Where is headquarter of ESAF Small Finance Bank?
A. Tiruchirappalli, Tamil Nadu
B. Udupi, Karnataka
C. Thrissur, Kerala
D. Kolhapur, Maharashtra
Ans: Thrissur, Kerala
Explanation : 0

[18]In India, currency notes are issued by?
A. Finance Ministry
B. Financial Secretary
C. State Bank of India
D. Reserve Bank of India
Ans: Reserve Bank of India
Explanation : 0

[19]Industrial Finance Corporation of India, is an Indian government owned
A. Private Bank
B. Scheduled Bank
C. Development Bank
D. All of these
Ans: Development Bank
Explanation : 0

[20]Who amongst the following Padma Bhushan Awardees is a famous banker ?
A. Mr. Azim H. Premji
B. Ms. Chanda Kochhar
C. Ms. Kapila Vatsyayan
D. Mrs. Waheeda Rehman
Ans: Ms. Chanda Kochhar
Explanation : 0

[21]Which was the first Indian Bank to introduce credit card?
A. State Bank of India
B. Central Bank of India
C. Union Bank of India
D. ICICI
Ans: Central Bank of India
Explanation : 0

[22]CRR refers to the share of
A. Liquid cash
B. Gold
C. Forex reserves
D. Illiquid cash
Ans: Liquid cash
Explanation : 0

[23]Group of people such as workers who pool their money together for savings and to make loan is called a/an
A. Public Union
B. Credit Union
C. Labour Union
D. Cooperative Union
Ans: Credit Union
Explanation : 0

[24]Which of the following is the first Bank who provide the interest banking facility first?
A. ICICI Bank
B. State Bank of India
C. Syndicate Bank
D. Central Bank of India
Ans: ICICI Bank
Explanation : 0

[25]National Institute of Bank Management is the institute meant for
A. Providing Management personnel to the Banks
B. Training of bank employees in Banking
C. Providing consultancy on best practices in Bank Management
D. All those given as options
Ans: All those given as options
Explanation : 0



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