Question - 1
BANKING AWARENESS :
What is Repo Rate?
It is a rate at which RBI sells government securities to banks
It is a rate at which RBI buys government securities from banks
It is a rate at which RBI allows small loans in the market
All of these
None of these
Answer- B
Question - 2
BANKING AWARENESS :
Which of the following committees has given its recommendations on ‘Financial Inclusion’?
Rakesh Mohan Committee
Rangrajan Committee
Sinha committee
Kelkar Committee
None of these
Answer- B
Question - 3
BANKING AWARENESS :
A customer wishes to purchase some US dollars in India. She/he should go to:
Public Debt Division of the RBI only
American Express Bank only
RBI or any branch of a bank which is authorized for such business
Ministry of foreign affairs
None of these
Answer- C
Question - 4
BANKING AWARENESS :
Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?
Personal loan
Corporate loan
Educational loan
Mortgage loan
None of these
Answer- C
Question - 5
BANKING AWARENESS :
Which amongst the following organizations make major credit policies for the RRBs?
NABARD
Asian development bank
World bank
SBI
None of these
Answer- A
Question - 6
BANKING AWARENESS :
The head office of the National bank for agriculture and rural development (NABARD) is located in?
New Delhi
Hyderabad
Mumbai
Lucknow
None of these
Answer- C
Question - 7
BANKING AWARENESS :
Which of the following is an easy way of providing credit to the farmer community?
Kisan credit card
Indira vikas patra
National saving certificates
Loan against gold
None of these
Answer- A
Question - 8
BANKING AWARENESS :
Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
Liquidity Adjustment Facility.
Legal Adjustment Facility
Long-term Achievement Facility
Legal Adjustment Formality
None of these
Answer- A
Question - 9
BANKING AWARENESS :
Which of the following is an international forum to discuss and implement supervisory norms in all the banks of the world?
Basel Committee
UN charter on commercial laws.
World trade organization
International Board of banks and finance
None of these
Answer- A
Question - 10
BANKING AWARENESS :
What is the full form of NBFC as used in the financial sector?
New banking finance company
National banking and Finance Corporation
New business finance and credit
New business fund company
None of these
Answer- E
Question - 11
BANKING AWARENESS :
Which of the following is not a banking related term?
Outstanding amount
Explicit guarantee
Creditor
Radiation
None of these
Answer- D
Question - 12
BANKING AWARENESS :
Insurances service provided by various bank is commonly known as:
Investment banking
Portfolio management
Merchant banking
Banc assurance
None of these
Answer- D
Question - 13
BANKING AWARENESS :
In India, the bank NABARD does not provide refinance to:
Scheduled commercial banks
Regional rural banks
State land development banks
Export-import bank
None of these
Answer- D
Question - 14
BANKING AWARENESS :
‘Repo Rate’ is the rate at which:
The RBI lends to state government
The international aid agencies to RBI
The RBI lends to banks
The banks lend to RBI
None of these
Answer- C
Question - 15
BANKING AWARENESS :
Which of the following public sector bank emblem figures a dog and the words ‘faithful, friendly’ in it?
Punjab National Bank
SBI
Oriental Bank of Commerce
Syndicate bank
None of these
Answer- D
Question - 16
BANKING AWARENESS :
Which is the highest bank in the banking structure of India?
SBI
Central bank of India
Industrial Development bank of India
RBI
None of these
Answer- D
Question - 17
BANKING AWARENESS :
Which of the following payment instrument introduced by the banks is known as plastic money?
Bearer Cheques
Credit Cards
Demand Drafts
Gift cheques
None of these
Answer- B
Question - 18
BANKING AWARENESS :
If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be:
Increase
Decrease
No impact
All of these
None of the above
Answer- A
Question - 19
BANKING AWARENESS :
Which one of the following is a private bank?
Allahabad bank
Punjab and Sind bank
Punjab National Bank
Punjab Bank
None of these
Answer- D
Question - 20
BANKING AWARENESS :
Which of the following pairs is not correctly matched?
SEBI … Security Market regulatory body
RBI … Banking regulatory authority
SBI … Commercial bank
IDBI … World bank
None of these
Answer- D
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