Banking Awareness Quiz for PO & Clerk Exam : Set 73 | GK Infopedia

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[1]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

[2]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

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

[4]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

[5]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

[6]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

[7]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

[8]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

[9]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

[10]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

[11]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

[12]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

[13]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

[14]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

[15]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

[16]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

[17]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

[18]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

[19]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

[20]E.P.S. in share market stands for:
A. Earnings Per Share
B. Electronic Payment System
C. Employee Pension Scroll
D. Equated Payment System
Ans: Earnings Per Share
Explanation : 0

[21]We can open a saving bank account in the sole name of a minor if he completes age of
A. 6
B. 10
C. 18
D. 21
Ans: 10
Explanation : 0

[22]Cash Reserve Ration (CRR) funds are kept by the banks in
A. cash in hands at branches
B. balances with other banks
C. Balance in a special account with RBI
D. funds in the currency chest
Ans: Balance in a special account with RBI
Explanation : 0

[23]Raghuram Govind Rajan is an Indian economist who served as the
A. 22nd
B. 23rd
C. 24th
D. 25th
Ans: 23rd
Explanation : 0

[24]Which city gets the countries first Talking ATM?
A. Ahemedabad, Gujarath
B. Chennai, Tamilnadu
C. Thiruvananthapuram, Kerale
D. Both a) and b)
Ans: Ahemedabad, Gujarath
Explanation : 0

[25]A worldwide financial messaging network which exchange messages between banks and financial institutions is known as-
A. CHAPS
B. SWIFT
C. NEFT
D. SFMS
Ans: SWIFT
Explanation : 0



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