Banking Awareness Quiz for PO & Clerk Exam : Set 65 | GK Infopedia

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[1]Indian Depository Receipt (IDR) is the?
A. Proof of an Indian company’s share
B. Is an unsecured money market instrument
C. Proof of ownership of foreign company’s share
D. Proof of earnings or profits of Indian Companies
Ans: Proof of ownership of foreign company’s share
Explanation : 0

[2]Headquarters of Syndicate Bank in
A. Kolkata
B. Chennai
C. Manipal
D. Mumbai
Ans: Manipal
Explanation : 0

[3]In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust?
A. SEBI
B. RBI
C. IRDA
D. Ministry of Corporate Affairs
Ans: SEBI
Explanation : 0

[4]Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai?
A. HSBC
B. Doha Bank
C. Royal Bank of Scotland
D. None of these
Ans: Royal Bank of Scotland
Explanation : 0

[5]Financial services at affordable costs to the sections of disadvantaged and low-income group of society is called as-
A. Financial Inclusion
B. Financial Stability
C. Deflation
D. Good trade
Ans: Financial Inclusion
Explanation : 0

[6]Money laundering is related to ------------------ ----------
A. To reduce the number of families which lives below poverty line
B. To reduce the NPA of Banks
C. To reduce the Black Money
D. To reduce the umemployment rate.
Ans: To reduce the Black Money
Explanation : 0

[7]Which among the following is a qualitative tool of monetary policy?
A. Credit Ceiling
B. Credit Rationing
C. Cash Reserve Ratio
D. Bank Rate
Ans: Credit Rationing
Explanation : 0

[8]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
A. bearer
B. cross
C. order
D. all of the above
Ans: cross
Explanation : 0

[9]Which of the following is the most liquid money?
A. M1
B. M2
C. Securities
D. M3
Ans: M1
Explanation : 0

[10]According to a report, India replaced China as top destination for foreign direct investment in 2015 by attracting how much worth of FDI projects?
A. $57 billion
B. $68 billion
C. $53 billion
D. $63 billion
Ans: $63 billion
Explanation : 0

[11]The largest public sector commercial bank of India is the
A. Bank of India
B. RBI
C. SBI
D. Union bank of India
Ans: SBI
Explanation : 0

[12]Which among the following decides the oil Prices in India?
A. Government of India
B. Government of Respective states
C. Ministry of Petroleum
D. Oil Companies
Ans: Oil Companies
Explanation : 0

[13]Collection of coins is both a hobby and study. Which word describes this habit?
A. Philately
B. Numismatics
C. Coinage
D. Mint
Ans: Numismatics
Explanation : 0

[14]When a bank returns a cheque unpaid, it is called
A. talking of the cheque
B. payment of the cheque
C. drawing of the cheque
D. dishonour of the cheque
Ans: dishonour of the cheque
Explanation : 0

[15]CSA stands for
A. Credit Support Agreement
B. Core Support Annex
C. Credit Support Annex
D. Core Support Agreement
Ans: Credit Support Annex
Explanation : 0

[16]Name the person Currently who is the Governor of the RBI ?
A. Bimal Jalan
B. Y.V. Reddy
C. Arun Jaitley
D. Urjit R. Patel
Ans: Urjit R. Patel
Explanation : 0

[17]Insurances service provided by various bank is commonly known as:
A. Investment banking
B. Portfolio management
C. Merchant banking
D. Banc assurance
Ans: Banc assurance
Explanation : 0

[18]Issuing of credit cards is a component of
A. Corporate Banking
B. Micro Finance
C. Retail Banking
D. Rural Banking
Ans: Retail Banking
Explanation : 0

[19]After State Bank of India, which of the following banks has the largest number of offices?
A. Punjab National Bank
B. Bank of India
C. Andhra Bank
D. Canara Bank
Ans: Punjab National Bank
Explanation : 0

[20]Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
A. Liquidity Adjustment Facility.
B. Legal Adjustment Facility
C. Long-term Achievement Facility
D. Legal Adjustment Formality
Ans: Liquidity Adjustment Facility.
Explanation : 0

[21]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

[22]Nomination is available for
A. Deposit accounts
B. Safe custody articles
C. Lockers.
D. Only A B C
Ans: Only A B C
Explanation : 0

[23]KYC norms are liberalized in case of following accounts:
A. Current Account
B. Savings Account
C. Term Deposit Account
D. No Frills Account
Ans: No Frills Account
Explanation : 0

[24]Reserve Bank of India has recently (August 2016) launched a portal to curb illegal and unauthorised pooling of funds by unscrupulous firms. What is it called?
A. Savdhaan
B. Sanchetna
C. Sachetna
D. Sachet
Ans: Sachet
Explanation : 0

[25]BFS stands for-
A. Board for First Supervision
B. Bureau for Financial Supervision
C. Board for Financial Supervision
D. Board for Financial System
Ans: Board for Financial Supervision
Explanation : 0



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