Banking Awareness Quiz for PO & Clerk Exam : Set 4 | GK Infopedia

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[1]The rate at which banks borrows from the RBI is called
A. SLR
B. Repo Rate
C. Reverse repo rate
D. Bank rate
Ans: Repo Rate
Explanation : 0

[2]If the stock markets are declining then it is called as
A. Bull run
B. Down run
C. Bear run
D. Stage
Ans: Bear run
Explanation : 0

[3]Reserve Bank of India does not perform the role of?
A. Issue of Currency
B. Bank of Bank
C. Bank of Government
D. to accept money from public
Ans: to accept money from public
Explanation : 0

[4]Banks has different interest rates for different loans products. To which rate are these interest rates linked?
A. RBI Administered rate
B. Prime lending rate
C. Base rate
D. Bank rate
Ans: Base rate
Explanation : 0

[5]Which of the following is not Non Commercial Bank ?
A. SIDBI
B. National Housing Bank
C. IDBI
D. NABARD
Ans: SIDBI
Explanation : 0

[6]Stock Exchanges generally work in -
A. Primary Market
B. Secondary Market
C. Money Market
D. Financial Market
Ans: Secondary Market
Explanation : 0

[7]As we know that CARE is a well-known rating company but how many officers of CARE are located in India?
A. Six
B. Five
C. Nine
D. Seven
Ans: Seven
Explanation : 0

[8]Which of the following is not a banking term?
A. Letter of credit
B. MIBOR
C. Factoring services
D. Entry load
Ans: Entry load
Explanation : 0

[9]Which of the following is a measure taken by Reserve Bank of India to control inflation in our country?
A. Increase in CRR
B. Increase in SLR
C. Contraction of supply of currency
D. Raising of Repo / Reverse Repo Rate
Ans: Contraction of supply of currency
Explanation : 0

[10]A banking Ombudsman will not entertain Credit Cards Complaints which are more than
A. 3 months
B. 6 months
C. 9 months
D. 12 months
Ans: 12 months
Explanation : 0

[11]Where is the head quarter of sequrities and Exchange Board of India (SEBI)?
A. Pune
B. Bangalore
C. Mumbai
D. Delhi
Ans: Mumbai
Explanation : 0

[12]In banking parlance, ‗NPA stands for
A. Net Performing Asset
B. Non Performing Asset
C. Non-Productive Asset
D. All of these
Ans: Non Performing Asset
Explanation : 0

[13]Slogan of Allahabad Bank
A. Where money lives
B. A Tradition of Trust
C. The whole world in one bank
D. Together we can
Ans: A Tradition of Trust
Explanation : 0

[14]Stock Exchanges generally work in -
A. Primary Market
B. Secondary Market
C. Money Market
D. Financial Market
Ans: Secondary Market
Explanation : 0

[15]What is meant by ‗Underwriting the term frequently used in financial sector?
A. Under valuation of the assets
B. The Act of taking on a risk
C. Giving a Guarantee that a loan will not become a bad loan
D. All of the above
Ans: The Act of taking on a risk
Explanation : 0

[16]What are the facilities available to the customers through ATM
A. Cash withdrawal subject to a predetermined limit per day
B. Cash deposit
C. Balance enquiry
D. all of the above
Ans: all of the above
Explanation : 0

[17]What is ‗STT?
A. Standard Transaction Tax
B. Securities transaction tax
C. Securities transfer tax
D. Standard transfer tax
Ans: Securities transaction tax
Explanation : 0

[18]Which among the following definitions of ATMs are incorrect:
A. Onsite ATM – The ATMs installed within a branch premises.
B. Stand Alone ATM – The ATMs are not connected with any ATM network hence their transactions are restricted to the ATM’s branch and link branches only.
C. Both of Above
D. None of These
Ans: None of These
Explanation : 0

[19]Which of the following organisations releases World Economic Outlook Report ?
A. Asian Development Bank
B. World Bank
C. International Monetary Fund
D. World Trade Organisation
Ans: International Monetary Fund
Explanation : 0

[20]Which of the following Rates/Ratios is not covered under the Monetary and Credit Policy of the RBI?
A. Bank Rate
B. Repo Rate
C. Cash Reserve Ratio
D. Exchange Rate of Foreign Currencies
Ans: Exchange Rate of Foreign Currencies
Explanation : 0

[21]What is the headquarters of Canara Bank?
A. Mangalore
B. Bengaluru
C. Chennai
D. Manipal
Ans: Bengaluru
Explanation : 0

[22]Bank can grant Loans against..?
A. LIC Policy
B. CDs (Certificate of Deposits)
C. FD issued by Other Bank
D. Mutual Fund
Ans: LIC Policy
Explanation : 0

[23]Customer Day in the bank is on and customers are allowed to meet the top officials of the bank on this day in every month:
A. 5th
B. 10th
C. 15th
D. 30th
Ans: 15th
Explanation : 0

[24]Fixed deposits and recurring deposits are?
A. Repayable after an agreed period
B. Repayable on demand
C. Not repayable
D. Repayable after death of depositors
Ans: Repayable after an agreed period
Explanation : 0

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



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