Hello and welcome to ExamPundit. Here is a set of Banking and Financial Awareness Quiz for Upcoming Bank PO and Clerk Exams!
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1. Which of
the following is a receipt listed in India and traded in rupees declaring
ownership of shares of a foreign
company?
the following is a receipt listed in India and traded in rupees declaring
ownership of shares of a foreign
company?
(a) Indian Depository Receipt (IDR)
(b) European Depository Receipt (EDR)
(c) Global Depository Receipt (GDR)
(d) American Depository Receipt (ADR)
(e) Luxemburg Depository Receipt (LDR)
2. A type
of fraud wherein criminals use an innocent person’s details to open or use an
account to carry out financial
transactions is known as
of fraud wherein criminals use an innocent person’s details to open or use an
account to carry out financial
transactions is known as
(a) identity theft
(b) hacking
(c) money laundering
(d) espionage
(e) phishing
3. The part
of a company’s earnings or profits which are paid out to shareholders is known
as
of a company’s earnings or profits which are paid out to shareholders is known
as
(a) capital gains
(b) taxes
(c) interest on borrowings
(d) dividends
(e) penal interest
4. A centralized database with on line connectivity to branches,
internet as well as ATM network which has been adopted
by almost all major banks of our country is known as
(a) Investment banking
(b) core banking
(c) mobile banking
(d) national banking
(e) specialized banking
internet as well as ATM network which has been adopted
by almost all major banks of our country is known as
(a) Investment banking
(b) core banking
(c) mobile banking
(d) national banking
(e) specialized banking
5. An
Equity share is also commonly referred to as
Equity share is also commonly referred to as
(a) ordinary share
(b) debenture
(c) convertible share
(d) security receipt
(e) preferred stock
6. Which
among the following Companies in India has a tie-up with the Japanese Financial
Nomura for insurance market?
among the following Companies in India has a tie-up with the Japanese Financial
Nomura for insurance market?
(a) ICICI Bank
(b) UCO Bank
(c) Kotak Finance
(d) Life Insurance Corporation of India
(e) None of the above
7. To
improve access of the poor to banking, RBI has advised banks to open branches
with minimum infrastructure
supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance
of 3-4 km. Such branches are known
as
improve access of the poor to banking, RBI has advised banks to open branches
with minimum infrastructure
supporting up to 8 to 10 Business Correspondents (BC) at a reasonable distance
of 3-4 km. Such branches are known
as
(a) Nodal branches
(b) Micro branches
(c) Mini branches
(d) Ultra small branches
(e) Satellite branches
8. Which of
the following services relate to execution of transactions directly with
consumers, rather than
corporations or other banks?
the following services relate to execution of transactions directly with
consumers, rather than
corporations or other banks?
(a) Wholesale Banking Services
(b) Industrial Banking Services
(c) Investment Banking Services
(d) Corporate Banking Services
(e) Retail Banking Services
9. Banks’
mandatory lending to farmers for agriculture, micro and small enterprises and
other weaker sections where in
banks are required to lend up to 40% of the loans is generally described as
mandatory lending to farmers for agriculture, micro and small enterprises and
other weaker sections where in
banks are required to lend up to 40% of the loans is generally described as
(a) Para banking
(b) Sub-prime lending
(c) Retail lending
(d) Non-priority sector lending
(e) Priority sector lending
10.
Accounts are allowed to be operated by cheques in respect of
Accounts are allowed to be operated by cheques in respect of
(a) Both Savings bank accounts and fixed deposit accounts
(b) Savings bank accounts and current accounts
(c) Both Savings bank accounts and loan accounts
(d) Both Savings bank accounts and cash accounts only
(e) Both Current accounts and fixed deposit accounts
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