Banking Awareness Quiz for PO & Clerk Exam : Set 63 | GK Infopedia

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

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

[3]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

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

[5]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

[6]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

[7]Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of?
A. Minors
B. Married Women
C. Senior citizens
D. Government Employees
Ans: Senior citizens
Explanation : 0

[8]On the ,recommendation of which of the following NABARD was established ?
A. Rangarajan
B. Shivraman II
C. Narasingam
D. Vijay Kelkar
Ans: Shivraman II
Explanation : 0

[9]Which of the following terms is NOT used in the field of Banking & Finance ?
A. Overdraft
B. Base Line
C. RTGS
D. GBC
Ans: Base Line
Explanation : 0

[10]The ‗monetary base for credit expansion consists of
A. The total value of high-powered money
B. The demand and time deposit liabilities
C. The size of the deficit in the government’s budget
D. All of the above
Ans: The total value of high-powered money
Explanation : 0

[11]Where is the head quarter of Telecom Regulatory Authority of India (TRAI)?
A. New Delhi
B. Gujrat
C. Pune
D. Bangalore
Ans: New Delhi
Explanation : 0

[12]If the customer can do all transactions only in a branch and the branch has no online access, it is called
A. Online Banking
B. Internet Banking
C. Virtual Banking
D. Brick and Mortar Banking
Ans: Brick and Mortar Banking
Explanation : 0

[13]Which nationalised bank was merged with PNB in 1993?
A. New Bank of India
B. Imperial Bank
C. Bank of Hindustan
D. Central Bank of India
Ans: New Bank of India
Explanation : 0

[14]Which of the following is the least liquid asset ?
A. Money
B. Shares
C. Machinery
D. Special deposits
Ans: Machinery
Explanation : 0

[15]The reserves which can act as liquidity buffer for commercial banks during crisis times are:
A. CRR and SLR
B. Only CRR
C. Only SLR
D. None of these
Ans: CRR and SLR
Explanation : 0

[16]Local Area Banks
A. are licensed under the Banking Regulation Act, 1956
B. are eligible for inclusion in the Second Schedule to the Reserve bank of India Act, 1934
C. Have minimum paid up capital of Rs. 5 crore with promoters’ contribution being at least Rs. 2 crore
D. all of the above
Ans: all of the above
Explanation : 0

[17]Indias first banking robot Lakshmi launched by
A. ICICI Bank
B. City Union Bank
C. South Indian Bank
D. Axis Bank
Ans: City Union Bank
Explanation : 0

[18]Which of the following banks recently launched Smart vault‖ digital locker facility?
A. SBI
B. HDFC
C. PNB
D. ICICI
Ans: ICICI
Explanation : 0

[19]Which one of the following banks gives long term loans to agriculture?
A. State co-operative bank
B. Commercial bank
C. Primary credit society
D. Land development bank
Ans: State co-operative bank
Explanation : 0

[20]Small finance banks are a type of
A. niche
B. investment
C. industrial
D. All of the Above
Ans: niche
Explanation : 0

[21]Which of the following organizations is the Mutual Fund Market regulator?
A. CIBIL
B. MCX-SX
C. SEBI
D. National Stock Exchange of India
Ans: SEBI
Explanation : 0

[22]Which of the following can be called as ‗National Income?
A. Net National Income at factor cost
B. Gross National Income at factor cost
C. Net Domestic Product at factor cost
D. Gross Domestic Product at factor cost
Ans: Net National Income at factor cost
Explanation : 0

[23]An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated?
A. Indian Penal Code
B. Negotiable Instrument Act
C. Criminal Procedure Code
D. Payment and Settlement Act
Ans: Payment and Settlement Act
Explanation : 0

[24]Which of the following has become the first Indian lender to complete a banking transaction using Blockchain technology?
A. HDFC Bank
B. ICICI Bank
C. Axis Bank
D. Federal Bank
Ans: ICICI Bank
Explanation : 0

[25]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



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