Banking Awareness Quiz for PO & Clerk Exam : Set 7 | GK Infopedia

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[1]Which among the following is NOT a pillar of Basel III?
A. Minimum capital standards
B. Supervisory review
C. Market discipline
D. Consolidation of assets
Ans: Consolidation of assets
Explanation : 0

[2]Tagline of Punjab and Sindh Bank is
A. The name you can bank upon
B. where service is a way of life
C. Relationships beyond Banking
D. One Family One Bank
Ans: where service is a way of life
Explanation : 0

[3]The commercial paper can be issued by
A. Corporates
B. Reserve Bank of India
C. IDBI
D. Every non-banking company
Ans: Corporates
Explanation : 0

[4]Which of the following bank has recently launched a new home loan product Women Power‖ with a differential rate of interest exclusively for women customers?
A. ICICI Bank
B. HDFC Bank
C. IDBI Bank
D. SBI
Ans: HDFC Bank
Explanation : 0

[5]National Payments Corporation of India (NPCI) is being used by banks for
A. Remittance
B. Clearing and settlement
C. Payments and settlements
D. Advisory service
Ans: Clearing and settlement
Explanation : 0

[6]Capital market can be divided into:-
A. industrial securities market
B. gilt edged market
C. personal securities market
D. both 1 and 2
Ans: both 1 and 2
Explanation : 0

[7]Under merchant banking, consultancy services are rendered by banks/merchant bankers for
A. floating of new companies
B. preparation, planning and execution of new projects
C. giving expert guidance and managing the new promotions or new promotions of industries/enterprises
D. all of the above
Ans: all of the above
Explanation : 0

[8]What does RBI regulate through Open Market Operation Transactions?
A. Flow of Foreign Direct Investment
B. Borrowing powers of the banks
C. Inflation
D. Liquidity in economy
Ans: Liquidity in economy
Explanation : 0

[9]Which of the following is an investment strategy in which a fund invests in other types of funds?
A. Bond
B. Securities
C. Stock
D. Funds of Fund
Ans: Funds of Fund
Explanation : 0

[10]Aadhar Housing Finance Ltd is going to be merged with which of the following?
A. DHFL Vysya Housing Finance Ltd
B. Cent Bank Home Finance Limited
C. Housing and Urban Development Corporation Ltd.
D. Manipal Housing Finance Syndicate Ltd.
Ans: DHFL Vysya Housing Finance Ltd
Explanation : 0

[11]SHCIL was established in 1986 under the Government of India as
A. Private Ltd
B. Public Ltd
C. Limited Liability bapartnership
D. Unlimited company
Ans: Public Ltd
Explanation : 0

[12]Which of the following is the headquarters of Narmada Jhabua Grameen Bank?
A. Howrah, West Bengal
B. Nagpur, Maharashtra
C. Dumka, Jharkhand
D. Indore, MP
Ans: Indore, MP
Explanation : 0

[13]Disguised unemployment Denotes:
A. a situation where workers are disguised
B. a situation where too many workers are doing a limited amount of work.
C. a situation where workers are doing a limited amount of work
D. None of the above
Ans: a situation where too many workers are doing a limited amount of work.
Explanation : 0

[14]Lack of access to financial services is technically known as
A. Financial Instability
B. Financial Stability
C. Financial Inclusion
D. Financial Exclusion
Ans: Financial Exclusion
Explanation : 0

[15]Factoring is
A. a means of financing traders and manufactures by taking over their receivables
B. a means of providing post-shipment finance to exporters
C. a type of agriculture financing
D. None
Ans: a means of financing traders and manufactures by taking over their receivables
Explanation : 0

[16]Which of the following banks is not wholly owned by the Government of India?
A. Reserve Bank of India
B. State Bank of India
C. Punjab and Sind Bank
D. Central Bank of India
Ans: State Bank of India
Explanation : 0

[17]Which of the following is not a primary function of a Bank?
A. Granting Loans
B. Collecting Cheques/Drafts customers
C. Facilitating import of goods
D. Issuing Bank Drafts
Ans: Facilitating import of goods
Explanation : 0

[18] Ratnakar Bank limited (RBL) Bank has announced the opening of its Indian Financial System Code (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City). Where is the corporate office of RBL Bank?
A. Kolhapur
B. Pune
C. Nagpur
D. Mumbai
Ans: Mumbai
Explanation : 0

[19]Who is the MD and CEO of Punjab ans Sind Bank?
A. Arun Tiwari
B. Kishor Kharat
C. S.Jatinderbir Singh
D. Ravi Krishnan
Ans: S.Jatinderbir Singh
Explanation : 0

[20]Under which of the following methods of note-issue the RBI issues notes?
A. Fixed Fiduciary System
B. Maximum Fiduciary System
C. Minimum Reserve System
D. Proportional Reserve System
Ans: Minimum Reserve System
Explanation : 0

[21]Reserves which can act as a liquidity buffer for commercial banks during crisis times are
A. CAR
B. SLR
C. CAR and CRR
D. CRR and SLR
Ans: SLR
Explanation : 0

[22]The regulator for Mutual Funds in India is?
A. FIMMDA
B. AMFI
C. RBI
D. SEBI
Ans: SEBI
Explanation : 0

[23]RBI was established on
A. 45748
B. 12875
C. 16528
D. 20180
Ans: 12875
Explanation : 0

[24]CRISIL is a
A. Mutual Fund
B. Credit Rating Agency
C. Investment Bank
D. Share Depository
Ans: Credit Rating Agency
Explanation : 0

[25]RBI stipulates a healthy mix of CASA in the business figures of banks. What is CASA?
A. Customer Analysis and Savings Pattern
B. Cost Appreciation and selling Analysis
C. Current Account and saving Account
D. Credit and savings Aggregate
Ans: Current Account and saving Account
Explanation : 0



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