Question - 1
BANKING AWARENESS :
In Banking terminology, NPA means
Non-Promise Account
Non-Personal Account
Non-Performing Asset
Net-performing Asset
None of these
Answer- C
Question - 2
BANKING AWARENESS :
Which of the following schemes has been launched for providing health services in rural areas?
Operation Flood
Look East
SJSRY
ASHA
None of these
Answer- D
Question - 3
BANKING AWARENESS :
Which of the following schemes has been launched for the school-going children?
Lok Jumbish
Mid-Day Meal
AYUSH
SarvaShikshaAbhiyan
None of these
Answer- B
Question - 4
BANKING AWARENESS :
‘Sugam’ is a scheme launched for
Small tax payers
Pensioners getting old age pension
Big corporate houses
Getting all sorts of permission
None of these
Answer- A
Question - 5
BANKING AWARENESS :
What is the full form of ‘ULIP’, the term which was in the news recently?
Universal Life & Investment Plan
Unit Loan & Investment Plan
Unit Linked Insurance Plan
Uniformly Loaded Investment Plan
None of these
Answer- C
Question - 6
BANKING AWARENESS :
Which of the following is NOT a banking related term?
Radiation
Outstanding Amount
Explicit Guarantee
Benchmark Prime Lending Rate
None of these
Answer- A
Question - 7
BANKING AWARENESS :
Insurance service provided by various banks is commonly known as ______
Investment banking
Portfolio management
Merchant banking
Bancassurance
None of these
Answer- D
Question - 8
BANKING AWARENESS :
Which from the following is NOT true when the interest rate in the economy goes up?
Saving increases
Lending decreases
Cost of production increases
Return on capital increases
None of these
Answer- D
Question - 9
BANKING AWARENESS :
Rate of interest is determined by:
The rate of return on the capital invested
Central Government
Liquidity preferences
Commercial Banks
None of these
Answer- D
Question - 10
BANKING AWARENESS :
Which bank was earlier called the “Imperial Bank of India”?
RBI
SBI
UBI
PNB
None of these
Answer- B
Question - 11
BANKING AWARENESS :
The abbreviation NABARD stands for:
National Bank for Agriculture Refinance and Development
National Bank for Agriculture and Rural Development
National Board of Agriculture Research and Development
National Academy of Banking on Agriculture Research and Development
None of these
Answer- B
Question - 12
BANKING AWARENESS :
Which bank in India performs duties of Central Bank?
Central Bank of India
SBI
Both A and B
RBI
None of these
Answer- D
Question - 13
BANKING AWARENESS :
RBI was nationalized in:
Answer- C
Question - 14
BANKING AWARENESS :
Open market operations of RBI refer to buying and selling of:
Commercial bills
Foreign exchange
Gold
Government bonds
None of these
Answer- D
Question - 15
BANKING AWARENESS :
The Narasimhan Committee (1991) on financial reforms proposed for establishment of a:
4 tier hierarchy of the banking structure
3 tier hierarchy of the banking structure
2 tier hierarchy of the banking structure
United control by the apex institutions
None of these
Answer- A
Question - 16
BANKING AWARENESS :
Green banking means:
Development of forestry by banks
Financing of environmental friendly projects by banks
Financing of irrigation projects by banks
All of these
None of the above
Answer- B
Question - 17
BANKING AWARENESS :
Which one of the following is NOT a quantitative credit control technique?
Bank Rate
Cash Reserve Ratio (CRR)
Increase of interest rate on saving deposit
Statutory Liquidity Ratio (SLR)
None of these
Answer- C
Question - 18
BANKING AWARENESS :
The bank rate is the rate of interest at which the RBI provides loans to the:
Scheduled Commercial Banks
Public sector
Corporate sector
Foreign institutional investors
None of these
Answer- A
Question - 19
BANKING AWARENESS :
The Monetary policy of India is announced by the:
PM of India
Governor of the RBI
Union finance master
Union commerce minister
None of these
Answer- B
Question - 20
BANKING AWARENESS :
Which one of the following rates is NOT decided by the RBI?
Bank Rate
Repo Rate
Reverse Repo Rate
Income Tax Rates
None of these
Answer- D
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