Banking Awareness Quiz for PO & Clerk Exam : Set 66 | GK Infopedia

Spread the love

[1]E.P.S. in share market stands for:
A. Earnings Per Share
B. Electronic Payment System
C. Employee Pension Scroll
D. Equated Payment System
Ans: Earnings Per Share
Explanation : 0

[2]We can open a saving bank account in the sole name of a minor if he completes age of
A. 6
B. 10
C. 18
D. 21
Ans: 10
Explanation : 0

[3]Cash Reserve Ration (CRR) funds are kept by the banks in
A. cash in hands at branches
B. balances with other banks
C. Balance in a special account with RBI
D. funds in the currency chest
Ans: Balance in a special account with RBI
Explanation : 0

[4]Raghuram Govind Rajan is an Indian economist who served as the
A. 22nd
B. 23rd
C. 24th
D. 25th
Ans: 23rd
Explanation : 0

[5]Which city gets the countries first Talking ATM?
A. Ahemedabad, Gujarath
B. Chennai, Tamilnadu
C. Thiruvananthapuram, Kerale
D. Both a) and b)
Ans: Ahemedabad, Gujarath
Explanation : 0

[6]A worldwide financial messaging network which exchange messages between banks and financial institutions is known as-
A. CHAPS
B. SWIFT
C. NEFT
D. SFMS
Ans: SWIFT
Explanation : 0

[7]Bankers have to maintain secrecy of customer accounts as per the provisions of
A. Banking Regulation Act 1949
B. Negotiable Instruments Act, 1881
C. Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970
D. Provident Funds Act 1925
Ans: Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970
Explanation : 0

[8]Loans of very small amounts given to low income groups is called
A. Cash credit
B. Micro credit
C. Simple overdraft
D. No frills loans
Ans: Micro credit
Explanation : 0

[9]According to a report by Reserve Bank of India, countrys gross bad loans are expected to grow from 7.6% to
A. 0.092
B. 0.082
C. 0.085
D. 0.08
Ans: 0.085
Explanation : 0

[10]First Bank established in India was:
A. Bank of India
B. Bank of Hindustan
C. General Bank of India
D. None of The Above
Ans: Bank of Hindustan
Explanation : 0

[11]New Bank of India was merged with which bank?
A. Bank of Baroda
B. PNB
C. Central Bank of India
D. SBI
Ans: PNB
Explanation : 0

[12]The decimal system of note and coin issue was started in India in
A. 1950
B. 1947
C. 1957
D. 1960
Ans: 1957
Explanation : 0

[13]Which of the following is not considered as a means of foreign capital inflow into the country?
A. FDI
B. FCNR accounts
C. FII
D. No frills accounts
Ans: No frills accounts
Explanation : 0

[14]How many banks were nationalized as on 19 July, 1969:
A. 15
B. 13
C. 14
D. 16
Ans: 14
Explanation : 0

[15]What is the full form of ECB?
A. External Cooperative Borrowings.
B. Extra Cooperative Borrowings.
C. External Commercial Borrowings.
D. Extra Commercial Borrowings.
Ans: External Commercial Borrowings.
Explanation : 0

[16]Free Trade Refers to
A. Free movement of Goods from one country to other.
B. Movement of Goods from one Country to another free of cost.
C. Unrestricted exchange of Goods and Services.
D. Tool free of Duty
Ans: Unrestricted exchange of Goods and Services.
Explanation : 0

[17]Who regulates chit funds in India?
A. Government of India
B. State Governments
C. Not regulated at all
D. Concerned Districts
Ans: State Governments
Explanation : 0

[18]Who is the MD and CEO of Allahabad Bank?
A. Ravi Krishan Takkar
B. Kishor Piraji
C. Pawan Kumar Bajaj
D. Usha Ananthasubramanian
Ans: Usha Ananthasubramanian
Explanation : 0

[19]Headquarters of Dhanlaxmi Bank located in
A. Kerala
B. Karnataka
C. Tamil Nadu
D. Andhra Pradesh
Ans: Kerala
Explanation : 0

[20]What is Call Money ?
A. Money borrowed or lent for a day or over night
B. Money borrowed for more than one day but upto 3 days
C. Money borrowed for more than one day but upto 7 days
D. Money borrowed for more than one day but upto 14 days
Ans: Money borrowed or lent for a day or over night
Explanation : 0

[21]Vijaya Bank is a
A. Medium Sized
B. Large Sized
C. Small Sized
D. None of The Above
Ans: Medium Sized
Explanation : 0

[22]Which of the following is NOT a type of cheque issued by an individual?
A. Bearer cheque
B. Order cheque
C. Crossed cheque
D. Savings cheque
Ans: Savings cheque
Explanation : 0

[23]How many banks were nationalized in July 1969, when first Nationalization took place ?
A. 5
B. 8
C. 10
D. 14
Ans: 14
Explanation : 0

[24]In recent times, the term Gold ETF was making news. Which among the following closest instrument to Gold ETF?
A. Debenture
B. G-Sec security
C. Mutual Fund
D. Commercial Paper
Ans: Mutual Fund
Explanation : 0

[25]Banking services provided to Special Economic Zones(SEZ) units have been exempted from
A. Sales Tax
B. Securities Transaction Tax – STT.
C. Central Excise Duty
D. Service Tax
Ans: Service Tax
Explanation : 0



Spread the love

Leave a Reply

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