Banking Awareness Quiz for PO & Clerk Exam : Set 71 | GK Infopedia

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[1]Some banks are financing projects like Construction Roads/Bridges etc. Financing such projects means banks are helping exactly in —
A. Developing Core Sector Industry
B. Project Management
C. Infrastructural Development
D. Financial Inclusion
Ans: Infrastructural Development
Explanation : 0

[2]The Imperial Bank of India, after its nationalization came to be known as
A. Reserve Bank of India
B. State Bank of India
C. United Bank of India
D. Indian Overseas Bank
Ans: State Bank of India
Explanation : 0

[3]Which of the following is known as demat accounts?
A. Accounts in which share of various companies are traded in electric form.
B. Accounts which are zero balance accounts
C. Accounts which are operated through internet facility
D. Accounts which are used for saving purpose
Ans: Accounts in which share of various companies are traded in electric form.
Explanation : 0

[4]For opening a new branch, a Regional Rural Bank requires
A. permission of NABARD
B. permission of Director, Institutional Finance
C. Approval of DRDA
D. RBI license
Ans: RBI license
Explanation : 0

[5]In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms.What is full form of LLP‖ as used in this reference?
A. Local Labour Promotion
B. Low Labour Projects
C. Limited Loan bapartnership
D. Limited Liability bapartnership
Ans: Limited Liability bapartnership
Explanation : 0

[6]CBS stands for:
A. Code Banking Solutions
B. Core Banking Solutions
C. Central Banking Solutions
D. None of The Above
Ans: Core Banking Solutions
Explanation : 0

[7]Which of the following committees has given its recommendations on ‗Financial Inclusion?
A. Rakesh Mohan Committee
B. Rangrajan Committee
C. Sinha committee
D. Kelkar Committee
Ans: Rangrajan Committee
Explanation : 0

[8]The headquarters of local boards of RBI are located at :
A. Mumbai, Kolkata, Chennai and New Delhi
B. Mumbai, Jaipur, Chennai and Mysore
C. Mumbai, Ahmedabad, Chennai and New Delhi
D. Mumbai, Ahmedabad, Jaipur and New Delhi
Ans: Mumbai, Kolkata, Chennai and New Delhi
Explanation : 0

[9]What is the full form of POPs?
A. Presence of Point
B. Points of Private
C. Presence of Presence
D. Points of Presence
Ans: Points of Presence
Explanation : 0

[10]Who is the New CEO of Indian Bank?
A. Kishore Kumar Kharat
B. Mahesh Kumar Jain
C. R. Koteeswaram
D. Arundhati Bhattacharya
Ans: Kishore Kumar Kharat
Explanation : 0

[11]What would a lender examine to judge whether a business can be given a funding facility?
A. The financial statements
B. The credit history
C. The business risk
D. All the above
Ans: All the above
Explanation : 0

[12]What is Indias apex tax body ?
A. CBDT
B. GAAR
C. IT Debapartment
D. RBI
Ans: CBDT
Explanation : 0

[13]Which of the following rates are reviewed by the RBI at the time of periodical review of the policy? Bank rate Repo rate
A. Only 1
B. Only 2
C. Both 1 and 2
D. All the three
Ans: All the three
Explanation : 0

[14]Sensitive Index‖ of Bombay Stock Exchange is called
A. Forex
B. MAX
C. LIBOR
D. Sensex
Ans: Sensex
Explanation : 0

[15]Nationalized Bank is also known as
A. Private Sector Banks
B. Self help Groups
C. Cooperative Banks
D. Public Sector Banks
Ans: Public Sector Banks
Explanation : 0

[16]Who is the Managing Director and CEO of IndianBank?
A. Ravi Shanker Pandey
B. Arun Shrivastava
C. Mallikarjun Rao
D. Kishor Kharat
Ans: Kishor Kharat
Explanation : 0

[17]Which of the following is the private sector Bank in India?
A. IDBI Bank
B. Axis Bank
C. Corporation Bank
D. UCO Bank
Ans: Axis Bank
Explanation : 0

[18]Which report is published by World Bank every year?
A. human development report
B. world development report
C. international finance and development report
D. world trade development report
Ans: world development report
Explanation : 0

[19]SLR is maintained by banks on which of the following
A. Demand and Time Deposits
B. Net Demand and Time Deposits
C. Demand and Time Liabilities
D. Net Demand and Time Liabilities
Ans: Net Demand and Time Liabilities
Explanation : 0

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

[21]Axis Bank, in collaboration with the e-retailer
A. Flipkart
B. Amazon
C. Abof
D. Infibeam
Ans: Flipkart
Explanation : 0

[22]Which of the following is one of the main functions of the Reserve Bank of India?
A. Regulation of the Stock Markets
B. Regulation of Life Insurance
C. Regulation of General Insurance
D. Bankers Bank
Ans: Bankers Bank
Explanation : 0

[23]The treasury bills are issued at a
A. Discount
B. Premium
C. Both a) and b)
D. Face value
Ans: Discount
Explanation : 0

[24]Which of the following bank was the second Presidency bank of India?
A. Presidency Bank of Calcutta
B. Presidency Bank of Bengal
C. Presidency Bank of Calicut
D. Presidency Bank of Bombay
Ans: Presidency Bank of Bombay
Explanation : 0

[25]Which of the following is not considered a money market instrument?
A. Treasury bills
B. Repurchase Agreement
C. Commercial Paper
D. Shares and bonds
Ans: Shares and bonds
Explanation : 0



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