banking awareness question bank

8/19/2019 Banking Awareness Question Bank

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Banking Awareness Question Bankwww,BankExamsToday.com Page11. Banking Ombudsman is appointed by

a) SEBI

b) NABARD

c) RBId) None of these

. Name of !nion "e##ito#y $hich as #ecent%y p#esented a ta& f#ee budge of Rs.'1(( #o#e fo# the union te##ito#y*

a) handiga#h

b) Puducherry

c) Dad#a Naga# +a$e%i

d) None of these

,. -a&imum age fo# #eti#ement fo# -DEO of a%% p#i/ate banks is

a) '( yea#s

b) '0 yea#s

c) 70 years

d) None of these. "$o ne$ Sa/ings Bank p#oducts fo# chi%d#en name%y 23eh%a4adam and 3eh%i!daan5

int#oduced by

a) State Bank of India

b) !nited Bank of Indiac) A&is Bank

d) None of these

0. 67inancia% E&c%usion6 is*

a) E&c%ude the 7inance b) Lack of Access to Financial Services

c) Instabi%ity of 7inancia% Se#/ices

d) None of these

'. 8i9ay -a%%ya as 6:i%%fu% Defau%te#6 is dec%a#ed by*

a) United Bank of India

b) ana#a Bank

c) Dena Bank

d) None of these

;. -utua% 7unds a#e #egu%ated by*

a) Rese#/e Bank of India

b) Securities and Exchane Board of India

c) -utua% 7unds Boa#d of India

d) None of these


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www,BankExamsToday.com Page21(. !.".I. officia%%y changed into*

a) 8i9aya Bank

b) Dena Bank

c) Axis Bank

d) None of these

11. Regu%ato#y Autho#ity fo# Regiona% Ru#a% Bank is of*a) Sponso# Bank

b) State =o/e#nment

c) RBI and $ABAR%

d) None of these

1. EB" stands fo#

a) E%ect#onic Beginning "#ansaction

&' Electronic Benefit (ransfer

c) E%ect#ic Be%ated "#ansfe#

d) None of these

1,. "he inst#ument can not be p#esented fo# the payment in the %ea#ing +ouse is*

a' Fixed %e)osit Recei)t

b) Di/idendsc) Demand D#afts

d) None of these

1. Bha#atiya-ahi%a Bank ?imited on 1> No/embe#@ (1 %aunched its Inte#net Banking 7aci%ity.

Name of it $as*

a) B-B Net

b) B-B On%ine

c) B!B S*art&ankind) None of these

10. Ape& institution $hich hand%es #efinance fo# ag#icu%tu#e and #u#a% de/e%opment in India is*

a' $ABAR%

b) SEBI

c) SIDBId) None of these1'. "he p#i/ate secto# bank $hich #ecent%y a%%o$ed chi%d#en abo/e 1( yea#s to open sa/ings bank

accounts afte# SBI is*

a) 3NB

b) +D7c) I+I+I

d) None of these

1;. I-7 stands fo#

a) Inte#nationa% -oney 7und

b) International !onetary Fund

c) Indian -utua% 7und

d) None of these1


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d) None of these

1>. 7i#st -u%ticu##ency inte#nationa% Debit a#ds a#e issued in India by*

a) 3un9ab Nationa% Bank

b) State Bank of India

c) A&is Bank d) None of these

(. I" company $hich $i%% set up %oca% data cente#s in India by the end of (10 is*a) App%e

b) =oog%e

c) !icrosoft

d) None of these

1. "he 7o#eign E&change Rese#/es of India a#e kept in the custody of*

a) Inte#nationa% -oneta#y 7und

b) Reserve Bank of India

c) State Bank of India

d) None of these

. Bank of Ra9asthan me#ged $ith $hich bank

a) =%oba% "#ust Bank

b) I+I+I Bank c) A&is Bank

d) None of these

,. :hich bank opened a ?ock%ess b#anch at -aha#asht#a to #especting the %oca% customs*

a) State Bank of India b) U+- Bank

c) Bank of -aha#asht#a

d) None of these

. 6D#a$e#6 in the bank cheCues is*

a) :ho #ecei/es the cheCues

b) :ho encash the cheCues

c) .ho issues the che#ues

d) None of these0. 6D#a$ee in the bank cheCue is*

a) :ho #e9ects the payment of cheCues

b) :ho encash the cheCues

c) Al/ays the Bankerd) None of these

'. :hich $as the fi#st bank to set up ta%king A"- in India*a) Union Bank

b) Dena Bank

c) III Bank

d) None of these;. In 1>;'@ Na#ang Bank of India $as acCui#ed by $hich of the fo%%o$ing bank*

a) !O Bank b) !nion Bank

c) United Bank of India

Banking Awareness Question Bankwww,BankExamsToday.com Page4d) None of these

0>*

a) Seven


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b) 7i/e

c) "$o

d) None of these

>. Du#ing the pe#iod of Inf%ation@ ta& #ates shou%d*

a) Increase b) Dec#ease

c) 7%uctuated) None of these

,(. Biggest ta& paying secto# in India is*

a) Ag#icu%tu#a% Secto#

b) Banking Secto#

c' Industrial Sector

d) None of these

,1. :hich Indian Bank became the fi#st to touch a ma#ket capita%iation of Rs. 1@((@((( #o#e in

India*

a) SBI

b) A&is Bank

c) +D7 Bank

d) None of these,. Insu#ance secto# is #egu%ated by $hich of the fo%%o$ing institutiono#ganiation*

a) SEBI

&' IR%A


,,. E&panded fo#m of !O Bank is*

a) !nited oope#ati/e Bank

b) !nion omme#cia% Bank

c) United +o**ercial Bank

d) None of these

,. IRDA stands fo#*

a) Inte#nationa% Reconst#uction and De/e%opment Association b) Insurance Reulatory and %evelo)*ent Authority

c) Indian Road De/e%opment Agency

d) None of these

,0. "RI3S and "RI-S a#e associated $ith $hich of fo%%o$ing o#ganiation*

a) .(-

b) I-7c) IDA

d) None of these

,'. :hich a#e the fi#st t$o Indian Banks a%%o$ed to open b#anches in 3akistan in August@ (1*

a) SBI and Bank of India b) A&is and +D7 Bank

c) +D7 and III Bank Banking Awareness Question Bankwww,BankExamsToday.com Page5d) None of these

,;. :hich one of the %eading nationa%ied bank in (1 ce%eb#ated its 1;th yea# of dedicated

se#/ice to the nation and has int#oduced 6Inte#acti/e 8oice Response6*

a) Bank of Ba#oda

b) Indian O/e#seas Bank


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c) Allaha&ad Bank

d) None of these

,. !ni/e#sa% Bank is one $hich*

a) p#esent uni/e#sa%%y in a%% the count#ies of the $o#%d

b) !nde#takes the functions of a de/e%opment financia% institution as $e%% as a comme#cia%

bank

c) A%% of the abo/e

d) None of these

(. "he me#chant banking acti/ities in India a#e go/e#ned by $hich of the fo%%o$ing bodies*

a) SEBI b) IRDA


1. RBI $as estab%ished in*

a) A)ril1 234

b) 0 Ap#i%@ 1>,c) 0 -ay@ 1>,0

d) None of these

. O#igina% name of the State Bank of India $as*

a) Bank of a%cutta

b) Bank of Benga%

c) Both A&ove

d) None of these

,. State Bank of India comes in to e&istence in the yea#*a) 1>;

b) 244

c) 1>0>

d) None of these

. +um +ai Na is s%ogan of $hich bank*

a) I+I+I Bank b) 3un9ab Nationa% Bank

c) 8i9aya Bank

d) None of these

0. :o#%d Bank $as estab%ished in the yea#*

Banking Awareness Question Bankwww,BankExamsToday.com Pagea) 1>00 b) 1>

c' 255

d) None of these

'. +eadCua#te# of :o#%d Bank is %ocated at*

a) ?ondon

b) .ashinton %6+6


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c) =ene/a

d) None of these

;. 1th 3#esident of :o#%d Bank =#oup is*

a) 4e%/in B%aye#Od$ich

b) Shin9oFuangc) i* 8on ,i*

d) None of these. 7o# the o/e#d#aft faci%ity@ custome# ha/e to pay*

a) Interest

b) ommission

c) No#ma% ha#ges

d) None of these

0(. SIDBI stands fo#

a) Specia%%y Indust#ies De/e%opment Bank of India b) Sound Indust#ies De/e%opment Bank of India

c) S*all Industries %evelo)*ent Bank of India

d) None of these

01. N+B is*a) +yde#abad Bank fo# Nation

b) $ational 9ousin Bank

c) Non +ousing Bank in India

d) None of these

0. N+B $as estab%ished on*

a) 1> u%y@ 1>>

b) 1 u%y@ 1>


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0'. 4F is*

a) ,no/ 8our +usto*er

b) 4no$ Fou# heCue

c) 4eep Fou# ash

d) None of these0;. Inc#ease in the gene#a% %e/e% of p#ices fo# goods and se#/ices a#e kno$n as*

a) Def%ation b) Inflation

c) No#ma% 3#ice Inc#ement

d) None of these

0. Ba#omete# of Indian -a#ket is*

a) NI7"F

b) SENSEGc) Both of A&ove

d) None of these

'(. oope#ati/e ente#p#ises ente#ed into t$o o# mo#e business entities@ kno$n as*

a) -ege#s b) Ama%gamation

c) oint ;enture

d) None of these

'1. apita% -a#ket dea%s in*

a) ?ong "e#m 7unds

b) Debt and ECuity

c) All of the A&ove

d) None of these'. In $hich yea# Banking ommission $as estab%ished"

a) 1>;1

b) 27<

c) 1>;

d) 1>;0

',. IRDA6s headCua#te# situated at*

Banking Awareness Question Bankwww,BankExamsToday.com Page"a) Ahmedabad b) 9ydera&ad

c) Au#angabad

d) None of these

'. State Bank of India $as fo#mu%ated unde#*a) SBI Act@ 1>0;

b) SBI Act@ 1>0>

c) SBI Act1 244

d) None of these

'0. :hich of the fo%%o$ing bank is the fi#st uni/e#sa% bank estab%ished in the count#y*

a) SBI


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b) 3NB

c) I+I+I Bank Li*ited

d) None of these

''. Schedu%ed omme#cia% Banks got %icence unde#*

a) Bankin Reulation Act 252 b) Banking Regu%ation Act 1>0

c) Banking Regu%ation Act 1>00d) None of these

';. ?a&mi omme#cia% Bank me#ged $ith*

a) 8i9aya Bank

b) Dena Bank

c) +anara Bank

d) None of these

'


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;0. O#ienta% Bank of omme#ce has taken o/e#*

a) 4otak -ahind#a Bank

b) A&is Bank

c) =lo&al (rust Bank

d) None of these;'. RBI does not issue*

a) -ne Ru)ee $ote b) +und#ed Rupee Note

c) "$enty Rupee Note

d) None of these

;;. :hich state go/e#nment6s business is not t#ansacted by RBI*

a) +imacha% 3#adesh

b) a**u and ,ash*irc) -anipu#

d) None of these

;'*


b) SBI

c) Bank of Indiad) None of these

;>. NRI deposits a#e ca%%ed as*

a) 9ot !oney

b) 7o#eign Depositsc) NRI 7unds

d) None of these


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c) All of the A&ove

d) None of these


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a) $ot a +o**ercial Bank

b) Not a Non omme#cia% Bank

c) ?isted Bank

d) None of these

>0. 7o%%o$ing is not a p#ima#y function of a Bank*a) Facilitatin I*)ort of =oods

b) 7aci%itating ash Dea%sc) 3#o/iding ?oans

d) None of these

>'. "he #ese#/es $hich can act as %iCuidity buffe# fo# comme#cia% banks du#ing c#isis times a#e*

a) +RR and SLR

b) On%y RR

c) On%y S?R

d) None of these

>;. -oney ?aunde#ing is*

a) +onversion of *oney /hich is illeally o&tained

b) on/e#sion of money $hich is %ega%%y obtained

c) A%% con/e#ted money

d) None of these>


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d) None of these

1(. omme#cia% 3ape# is a*

a) Unsecured !oney !arket Instru*ent

b) Secu#ed -oney -a#ket Inst#ument

c) Both Secu#ed and !nsecu#ed Inst#umentd) None of these

1(0. 7u%% fo#m of "3Aa) (hird Party Ad*inistrator

b) "ota% 3e#fo#ming Assets

c) "hi#d 3a#ty Association

d) None of these

1('. !nde# $hich RBI $as nationa%ied

a) "#ansfe# of 3#i/ate O$ne#ship Act@ 1>

b) (ransfer of Pu&lic -/nershi) Act1 25:

c) "#ansfe# of oint O$ne#ship Act@ 1>(

d) None of these

1(;. :he#e a#e fou# #egiona% cent#es of RBI %ocatedH

a) !u*&ai1 ,olkata1 +hennai and %elhi

b) 4o%kata@ hennai@ -umbai@ =u9#atc) =u#a#at@ -umbai@ 4o%kata@ De%hi

d) None of these

1( (; 1>'>*

a) 5

b) 10

c) 1'

d) None of these

11,. !nde# $hich Act@ Indust#ia% Reconst#uction Bank of India $as #econstituted*


13/35

a) IRBI Act12:5

b) IRBI Act@ 1>.1>>0

c) .(;.1>>

d) None of these11;. ?oca% A#ea Banks $e#e #egiste#ed as pub%ic %imited companies unde# $hich act*

a) +o*)anies Act1 24>

b) SEBI Act@ 1'0

c) 1>;;

d) None of these

1(. Nationa% Bank fo# Ag#icu%tu#a% and Ru#a% De/e%opment $as estab%ished in*

a) 2:< under act of )arlia*ent b) 1>

b) (1.1(.1>'0c) (1.(>.1>'0

d) None of these

1. :hat $as the estab%ishement yea# of !"I in India*

a) 2>31 By Act of Parlia*ent b) 1>'0@ By Act of 3a#%iament

c) 1>'>@ By Act of 3a#%iament


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d) None of these

1,. =ene#a% Insu#ance o#po#ation of India $as fo#med and #egiste#ed on*

a) anua#y 1>;,

b) anuary 275

c) 7eb#ua#y 1>;0d) None of these

1. =ene#a% Insu#ance o#po#ation of India $as #egiste#ed unde#*a) Insurance Act1 23:

b) ompanies Act@ 1>0'

c) SEBI Act@ 1


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c) "he ne$ bank shou%d open at %east 0 pe# cent of its b#anches in unbanked #u#a% cent#es

d) Bank should o)en at least


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1,>. :hat is the 7DI %imit in Insu#ance H

a) 'J

b) 52?

c) ;J

d) 01Je) None of these

1(. :ho is on the top #ank in Ease of Doing Business (1 Repo#t by :o#%d Bank Ha) India

b) hina

c) !SA

d) Sina)ore

e) None of these

11. 483 K4isan8ikas3at#a ) $hich is %aunched by 7inance -iniste# A#unait%ey @ the

money $i%% doub%e in H

a) 1( months

b) 00 *onths

c) 1


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d) 7i9i and anada

e) Australia

1;. Rate of inte#est is dete#mined by *

a) +o**ercial Bank

b) 3ub%ic Bank c) 3#i/ate Bank

d) RBIe) None of these

1. :hat is :hite ?abe% A"- H

a) O$ned by Bank

b) O$ned by RBI

c) O$ned by State

d) O$ned by ente# e) $one of these

Banking Awareness Question Bankwww,BankExamsToday.com Page1"10(. Name the fou# entities $hich a#e autho#ised by RBI to ope#ate as :?As H

a) Nationa% 3ayment o#po#ation of India@8ak#angee?td.@"ata ommunications 3ayment

So%utions and 3#im 3ayment Se#/ices 3/t. ?td.

b) 8ak#angee?td.@"ata ommunications@ 3#im 3ayment So%ution@Re%iance andc) (ata +o**unications1Pri* Pay*ent Services1!uthoot Finance and ;akranee Ltd

d) Re%iance@ "ata ommunications @-uthoot 7inance and 8ak#angee %td.

e) None of these

101. India s %a#gest comme#cia% Bank is * H

a) Bank of Ba#oda

b) State Bank of India

c) III

d) 3un9ab Nationa% Bank

e) ent#a% Bank of India

10. A bank account $hich does not #eCui#e any minimum ba%ance is te#med as

a) Ni% ba%ance account

b) Cero &alance accountc) 7#i%% account

d) No 7#i%% accounte) None of these

10,. Bank deposits that can be $ithd#a$n $ithout notice a#e ca%%ed *

a) %e*and %e)osits

b) 7i&ed Depositsc) On Demand and "ime Deposits

d) Basic Sa/ings Deposits

e) None of these

10. ontempo#a#y u##ency notes ha/e %anguages on the pane% $hich appea# on the

#e/e#se of the note6

a) 1


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b) 1

c) 1'

d) 1,

e) 4

100. -uti%ated Notes a#e Ha) $otes /hich are in )ieces andDor of /hich the essential )ortions are *issin

b) Any bank note@ $hich is $ho%%y o# pa#tia%%y@ ob%ite#ated@ sh#unk c) Notes $hich a#e $ashed@ a%te#ed o# indeciphe#ab%e

d) Notes $hich a#e $ho%%y o# pa#tia%%y@ ob%ite#ated@ sh#unk@ $ashed@ a%te#ed o# indeciphe#ab%e

e) None of these

10'. -inimum ?imit fo# sending money to Nepa% th#ough NE7" KNationa% E%ect#onic

7und "#ansfe#) in a sing%e day H

a) 1((((

b) 40000

c) No %imit

d) (((((

e) None of these

10;. Notice -oney is a money %end fo# a pe#iod of H

a) Bet/een < and 5 days

%anking Awareness Question Bankwww,BankExamsToday.com Page1# b) e&ceeding 1 daysc) 1 day

d) days

e) None of these

10


19/35

a) Rese#/e Bank of India

b) Securities and Exchane Board of India

c) !nit "#ust of India

d) None of these

1',. 7B stands fo#*a) 7inance and u##ency ont#o%%e# Boa#d

b) Forein +urrency +onverti&le Bondc) 7o#eign o%%ection fo# ash Boa#d

d) None of these

1'. -IR stands fo#*

a) -agnetic Ink ode Reade#

b) !anetic Ink +haracter Reconition

c) -agnetic Ink heCue Recognition

d) None of these

1'0. RBI estab%ished on*

a) 0 Ap#i% 1>;

b) A)ril 234c) < Ap#i% 1>>

Banking Awareness Question Bankwww,BankExamsToday.com Page2$d) None of these

1''. DD in banking te#m stands fo#*a) Demand heCue

b) Doo#da#shan

c) %e*and %raft

d) None of these1';. 3I #efe#s to*

a) ost 3#ice Inde&

b) +onsu*er Price Index

c) u##ent 3#ice Inde&

d) None of these

1'


20/35

d) None of these

1;. 3S! stands fo#*

a) 3ub%ic Secto# !ti%ities

b) 3ub%ic Secto# !nits

c) Pu&lic Sector Undertakind) None of these

1;,. A #ight to keep possession of p#ope#ty be%onging to anothe# pe#son unti% a debt o$ned by that pe#son is discha#ged is ca%%ed as*

a) Lien b) -o#tgage

c) ustody

d) None of these

1;. "he stated p#incipa% amount of a financia% inst#ument is kno$n as*

a) -a#ket 8a%ue

b) Book 8a%ue

c) Face ;alue


1;0. A pe#son $ho sets up a business o# businesses@ taking on financia% #isks in the hope of p#ofit

is kno$n as*

a) 3a#tne# b) Entre)reneur

c) O$ne#

d) None of these

1;'. Out of 3#ofitsRese#/es@ money gi/en by company to its sha#eho%de#s is*a) Inte#est

b) %ividend

c) Bonus

d) None of these

1;;. :3I stands fo#*

a) :ho%esa%e 3#ice in India

b) :ho%esa%e 3#ice Institution

c) .holesale Price Indexd) None of these

1;. E&cess of Supp%y o/e# Demand denotes*

a) Buyers !arket

b) Se%%e#s -a#ket

c) Both of Abo/ed) None of these

1


21/35

1


22/35

E/e#y 7inancia%%y "#ansfe# "#ansaction

(ransfer of a loan fro* one )arty to another

None of these

1>1. Sugam scheme $as %aunched fo#*

a) Big o#po#ate +ouses b) S*all (ax Payers

c) 3ensione#s getting o%d age pensiond) None of these

1>. "he #egu%ato# of $ho%e banking in India is*

a) Banking 3%anning ounci%

b) Banking ont#o% !nit

c) RBI


1>,. 6 Nationa% Ru#a% Emp%oyment 3#og#am6 $as fo#me#%y kno$n as*

a) Do $o#k and get 7ood

b) Emp%oyment fo# 7oodc) Food For .ork

d) None of these

1>. :he#e neithe# e&po#ts no# impo#ts takes p%ace is kno$n as*

a) +losed Econo*y b) Dep#essed Economy

c) Si%ent Economy

d) None of these

1>0. R. =andhi is Deputy =o/e#no# of RBI and a%so a pa#t of boa#d membe# of*a) -NRE=A

b) A&is Bank

c) SEBI

d) None of these

1>'. on/e#sion of 3hysica% fo#m of sha#e into e%ect#onic fo#m is ca%%ed*

a) ESha#e

b) %E!A(

c) On%ine Sha#e a#ds

d) None of these

1>;. !.4. Sinha is p#esent chai#man of*

a) RBI

b) SEBIc) Nationa% De/e%opment ounci%

d) None of these1>>. A schedu%ed bank must be*

a) ompany inco#po#ated by any %a$ in fo#ce in any p%ace in India.

b) An institution notified by =OI.

c) A company as defined by ompanies Act@ (1,.

d) All of the A&ove


23/35

e) None of "hese

((. 7inancia% assistance fo# a sum of Rs. 0@((( can be ca%%ed as*

a) Sho#t "e#m -oney

b) ?itt%e 7inance

c) !icro Financed) Sma%% 7inance

e) None of "hese(1. An inde& of financia% inc%usion has been %aunched fo# fi#st time in ((< by*

a) NSE

b) I+RIER

Banking Awareness Question Bankwww,BankExamsToday.com Page24c) BSE

d) RBI

e) None of "hese

(. IRIER stands fo#*

a) Inte#nationa% ounci% on Resea#ch in Economic Refe#ences

b) Indian a#ee# Resea#ch Institute in Economic Re%ationc) Indian +ouncil for Research on International Econo*ic Relations

d) Inte#nationa% o/e#age on Resea#ch Institute fo# Economic Rates

(,. :hich of the fo%%o$ing is a thi#d pa#ty p#oduct often so%d by banks*

a) =ift cheCues b) #edit ca#ds

c) Debit ca#ds

d) !utual funds

e) None of "hese(. 7D in comme#cia% bank can be done fo# ma&imum pe#iod of*

a) 0 8ears

b) 10 Fea#s

c) No ?imit

d) > Fea#s

e) None of "hese

(0. :hich of the fo%%o$ing happened to be the fi#st p#i/ate bank in India to #ecei/e an inp#incip%e

app#o/a% f#om RBIH

a) 9%F+ Bank

b) III Bank

c) Fes Bank

d) !nited :este#n Bank

e) None of "hese

('. 4F po%icy has been actua%%y inno/ated by*a) 7ed Rese#/e of !SA

b) Basel co**ittee

c) RBI

d) =OI@ -inist#y of 7inancee) None of these

(;. 7DI stands fo#*

a) 7o#eign De/e%opment in India

b) 7#eCuent Di#ect In/estment

c) Forein %irect Invest*ent

d) 7inancia% De/e%opment In India


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e) None of "hese

(<

b) 252

c) 1>;

d) 1>0e) None of "hese

10. "hose amounts due to /endo#s o# supp%ie#s that must be paid $ithin one yea# is kno$n as*

a) ?oan Ad/ances

b) Accounts Paya&lec) #edito#s

d) Debto#s


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e) None of "hese

1'. "he ma&imum compensation by Banking Ombudsman fo# a comp%aint is*

a) Rs.1 %akh

b) Rs. %akh

c) Rs.0 %akhd) Rs60 lakh

e) None of "hese1;. :hich of the fo%%o$ing heCue is not honou#ed by the bankH

Banking Awareness Question Bankwww,BankExamsToday.com Page2a) Stale +he#ue

b) #ossed heCue

c) Se%f heCue

d) Open heCue

e) None of "hese

1>> is*a) Fash hop#a

b) Sohan Roy

c) 4abi# 4han

d) None of "hese(. "he theme of 3#a/asiBha#atiya Di/as (1 $as*

a) =lo&al Indian @ Inclusive =ro/th

b) Engaging the g%oba% Indians

c) Nation $ith -ig#ants Indians

d) None of "hese

1. "he cabinet has app#o/ed the e&tension of E&se#/icemen cont#ibuto#y hea%th scheme

todomici%edgo#khaspensione#s e&se#/ice men*

a) Bhutan

b) $e)al

c) "ibet

d) None of "hese

. :hich of the fo%%o$ing te#m is not #e%ated to Banking7inance ope#ations*

a) +onsolidation

b) 3#o/ision o/e#age Ratioc) ommodification

d) None of "hese

,. :hich of the fo%%o$ing committee $as #e%ated to 7o#eign Di#ect In/estment*

a) Dutt ommittee b) $6,6 Sinh +o**ittee

c) hand#a Shekha# ommittee

d) None of "hese

. "he e&cess of tota% e&penditu#es o/e# tota% #eceipts is kno$n as*

a) 7isca% Deficit

b) Re/enue Deficit


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c) Budet %eficit

d) None of "hese

0. :hich of the fo%%o$ing is a 3#i/ate Secto# !nde#taking*

a) otton o#po#ation of India

b) Ai# India Enginee#ing Se#/ices ?imitedc) (ata +onsultancy Services

d) None of "hese

Banking Awareness Question Bankwww,BankExamsToday.com Page2!'. "he te#m Ro%%ing Sett%ements is p#edominant%y used in $hich of the fo%%o$ing ma#kets*

a) u##ency -a#ket

b) +a)ital !arketc) ommodity -a#ket

d) None of "hese

;. A money deposited in a bank that cannot be $ithd#a$n fo# a p#eset fi&ed pe#iod of time is

kno$n as*

a) hecking Account

b) (er* %e)ositc) No 7#i%%s Account

d) None of "hese

. :hen the#e is a diffe#ence bet$een a%% #eceipts and e&penditu#es of the =o/e#nment of India both capita% and #e/enue@ it is ca%%ed*

a) Budetary %eficit

b) "#ade =ap

c) Ba%ance of 3ayment 3#ob%ems

d) None of "hese

,(. :hich of the fo%%o$ing is not #eCui#ed fo# opening a bank account*

a) Identity 3#oof

b) %o*icile +ertificatec) Recent 3hotog#aphs

d) None of "hese

,1. In the summit of $hich of the fo%%o$ing o#ganiationsg#oup of nations it $as decided that a%%

membe#s shou%d enfo#ce budget discip%ine*

a) O3E

b) = <c) Euro)ean Union

d) None of "hese

,. :hich of the fo%%o$ing is a #etai% banking p#oductH

a) 9o*e Loans b) :o#king capita% finance

c) o#po#ation te#m %oans

d) None of "hese

,,. :hich of the fo%%o$ing is not a -oney -a#ket Inst#umentH

a) "#easu#y Bi%%s

b) omme#cia% 3ape#


27/35

c) E#uity Shares

d) None of "hese

,. :hich of the fo%%o$ing is NO" a -embe# of = '0d) 2>7

e) None of "hese

1. Name of the bank $hich fi#st time int#oduce the me#chant banking in India is*

a) Impe#ia% Bank of India b) =rindlays Bank

c) !nited Bank

d) ?ondon Bank

e) None of "hese

. State Bank of India sta#ted the -e#chant Banking di/ision in*

a) 1>;(


28/35

b) 27<

c) 1>;

d) 1>;0

e) None of "hese

Banking Awareness Question Bank

www,BankExamsToday.com Page2#,. -e#chant Banks do not dea%s in*a) p#o/iding se#/ices fo# me#ge#s and acCuisitions b) reular &ankin services to the eneral )u&lic

c) %ong te#m %oans fo# companies

d) stock unde#$#iting

e) None of "hese

. =#oup of peop%e such as $o#ke#s $ho poo% thei# money togethe# fo# sa/ings and to make %oan

is ca%%ed a*

a) ?oan 3#o/ide#

b) +redit Unionc) ?abou# !nion

d) State of ?oan !nione) None of "hese

0. 3ub%ic Secto# Banks #efe#s to*

a) -o#e peop%e /isit these banks

b) RBI or =overn*ent of India or &oth have at least 4? shares in the Bank c) Bank #un by the go/e#nment ha/ing the di#ecto#s e%ected by the pub%ic

d) A%% of the Abo/e

e) None of "hese

'. ?a#gest 3ub%ic Secto# Bank in India is*a) A%%ahabad Bank

b) III

c) 3un9ab Nationa% Bank

d) State Bank of Indiae) None of "hese

;. 3ub%ic Secto# Banks Inc%udes*

a) ( Nationa%ied Banks 0 SBI Associates IDBI

b) ( Nationa%ied Banks SBI ; 3#i/ate Banks

c) 1> Nationa%ied Banks SBI 3#i/ate Secto# Banks IDBI

d) 2 $ationalied Banks SBI 4 SBI Associates I%BI

e) None of "hese

. "he te#m not #e%ated to economics is*a) onsume# Su#p%us

b) La/ of !otion

c) ?a$ of Demand

d) Diminishing -a#gina% !ti%ity

e) None of "hese

0(. In India@ a%% e&te#na% payments a#e channe%ed th#ough the*


29/35

a) =o/e#nment of Re%ated States

b) SBI

c) RBI

Banking Awareness Question Bankwww,BankExamsToday.com Page3$

d) EGI-e) None of "hese

01. Indust#ia% E&it #efe#s to*a) Allo/in Business Units to close do/n

b) 7o#cing fo#eign companies to %ea/e India

c) A%%o$ing manufactu#e#s to shift thei# %ine of p#oducts

d) A%% of Abo/e

e) None of "hese

0. , Fea#s ban on $hich of these Rea% Estate ma9o#s has been put by SEBI*

a) ANOS Rea% Estates

b) %LFc) S!3ER"E+

d) =-?e) None of "hese

0,. E&amp%e of noncomme#cia% bank is*

a) ?oan to B3? fami%ies

b) Ag#icu%tu#a% ?oanc) ?oan to S and S" ommunities

d) All of A&ove

e) None of "hese

0. ?oan taken fo# not doing a business@ usua%%y ca%%ed*a) $on +o**ercial Loan

b) 8i#tua% ?oan

c) omme#cia% ?oan

d) Indi/idua% =#oup ?oan

e) None of "hese

00. ?oan taken by the pe#son@ not te%%ing the pu#pose of taking %oan is ca%%ed*

a) Non 3e#sona% ?oan

b) +idden ?oan

c) oncea%ed ?oan

d) Personal Loan

e) None of "hese

0'. :hich of the fo%%o$ing $i%% set up co#e banking inf#ast#uctu#e fo# #u#a% banks*

a) $ABAR%

b) RBIc) SIDBI

d) SBI

e) None of "hese

0;. !N"AD stands fo#*a) !nited Nations onfe#ence on "#ade and Dea%ing

b) !nit Nationa% onfe#ence on "#ade and De/e%opment

c) United $ations +onference on (rade and %evelo)*ent

d) !niCue Nations onfe#ence on "#ade and De/e%opment

e) None of "hese

0


30/35


b) Syndicate Bank

Banking Awareness Question Bankwww,BankExamsToday.com Page31c) State Bank of India

d) A&is Bank e) None of "hese

0>. Rupiya in ou# count#y $as int#oduced by*a) Akba#

b) 3#ith/i Ra9 houhan

c) hand#a =upt-o#yaa

d) Sher Shah Surie) None of "hese

'(. N+B stands fo#*

a) Non +ousing Bank

b) $ational 9ousin Bank c) Notified +ousing Bank

d) None of "hese'1. Nationa% +ousing Bank $as founded on*

a) 2 uly1 2:: b) 1> u%y@ 1>

c) < u%y@ 1>


31/35

Banking Awareness Question Bankwww,BankExamsToday.com Page32';. S-E standds fo#*

a) S*all and !ediu* Enter)rises

b) Se%%ing and -a#keting Estab%ishment

c) Sa%es and -a#keting Entityd) None of "hese

'


32/35

www,BankExamsToday.com Page33;'. 7inancia% Inc%usion is*

a) De%i/e#y of banking se#/ices at an affo#dab%e cost to $eake# sections

b) De%i/e#y of financia% se#/ices at an affo#dab%e cost to $eake# sections

c) Socia% #esponsibi%ity of banking and go/e#nment system

d) All of A&ove

e) None of "hese;;. = stands fo#*

a) #edit =ua#antee ente#

b) onsumab%e =oods ommission

c) +redit =uarantee +or)oration

d) None of "hese

;


33/35

b) Insider (radin

c) 7utu#e "#ading

d) None of "hese

1. "he 67ood 7o# :o#k6 p#og#am $as #enamed as*

a) -NRE=A K-ahatma =andhi Nationa% Ru#a% Emp%oyment =ua#antee Association)

b) $ational Rural E*)loy*ent Prora*

c) Ru#a% De/e%opment 3#og#amd) None of "hese

>. "he highe# denomination banknotes in Rs. 1@((( @Rs. 0@((( @ Rs. 1(@((( $e#e #eint#oduced

by RBI in the yea#*

a) 1>0( b) 1>'

c) 245d) None of "hese

>,. "he denomination of Rs. 1@((( @Rs. 0@((( @ Rs. 1(@((( $e#e again demonetied by RBI in*

Banking Awareness Question Bankwww,BankExamsToday.com Page35a) 1>;(

b) 27:

c) 1>


34/35

d) None of "hese

>. "he highest denomination note of Rs. 1(@((( $as p#inted fi#st time by RBI in*

a) 1>0

b) 23:

c) 1>0d) None of "hese

>0. :hich of the fo%%o$ing is /e#y nea# to Soi%ed Note*a) O%d Notes $hich can not ci#cu%ate among peop%e

b) (he note /hich as &eco*e dirty due to usae and also include a t/o )iece note )asted

toether &y u* etc6

c) Notes $hich a#e outdated

d) None of "hese

>'. Numbe# of ?anguage appea#ing on Bank notes a#e*

a) 1<

b) 4

c) 1>

d) None of "hese

>;. :hich %anguage is p#ominent%y disp%ayed in the cente# $he#e othe# %anguages a#e a%so

appea#ed in the note*a) !#du

b) 9indi

c) =u9a#ati

d) None of "hese>


35/35

,1.1.(10

,(>.:ho is the p#esident of BRIS BankH

4.8. 4amath

,1(.Define Se%f heCueH

A se%f cheCue is $#itten by the account ho%de# as pay se%f to #ecei/e the money in the physica%fo#m f#om the b#anch $he#e he ho%ds his account

,11.:hat is an open -a#ket Ope#ationsHAn open ma#ket ope#ation is an inst#ument of moneta#y po%icy $hich in/o%/es buying o#

se%%ing of go/e#nment secu#ities f#om o# to the pub%ic and banks

,1.Define Endo#sementH

:hen a Negotiab%e Inst#ument contains@ on the back of the inst#ument an endo#sement@ signed

by the ho%de# o# payee of an o#de# inst#ument@ t#ansfe##ing the tit%e to the othe# pe#son@ it is

ca%%ed endo#sement

,1,. Is the#e any minimum and ma&imum cash $ithd#a$a% %imit pe# dayH

Fes b#oad%y the $ithd#a$a% %imits a#e set by the ca#d issuing banks. "his %imit is disp%ayed at

the #especti/e A"- %ocations.

,1.:hat is the fu%% fo#m of N3SH

Nationa% 3ension Scheme

,10.NB7 dea%s inH3#o/iding banking se#/ices

,1'.:ho is the autho# of the book -y yea#s $ith Ra9i/ and SoniaH

R.D. 3#adhan

,1;."he -utua% funds in India fo%%o$ accounting standa#ds %aid byHSEBI

,1.:hat is the fu%% fo#m of I7SH

Indian 7inancia% System ode

,(. SBI %aunched mino# ac fo# chi%de#n abo/e 1( yea#s named asH

3eh%i!daan

,1.-utua% funds #egu%ated byH

Banking Awareness Question Bankwww,BankExamsToday.com Page3!SEBI

,. 7u%% fo#m of =S?8H

=eoSynch#onous ?aunch 8ehic%e

,,.+D7 e#do is $hich type of companyH

=ene#a% Insu#ance ompany

,. SEBI is $hich kind of bodyH

-a#ket Regu%ating Body,0."he#e a#e ho$ many digits in -IRH

>

,'.:hat is #ecessionH

A pe#iod of tempo#a#y economic dec%ine@ gene#a%%y identified by a fa%% in =D3 in t$osuccessi/e Cua#te#s

,;.BSBDA stands fo#H

Basic Sa/ings Bank Deposit Account

,,0@ Nationa%ied in 1>>

banking awareness question bank

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