Hello and welcome to ExamPundit. Here is a set of Banking Awareness Quiz for SBI PO Mains and RBI Assistant 2015.
1. Application
Supported by blocked Amount (ASBA) is developed by –
Supported by blocked Amount (ASBA) is developed by –
(a) RBI
(b) SEBI
(c) TRAI
(d) IRDA
(e) None of these
2. The fraction of
liquid assets which a bank has to keep itself is known as –
liquid assets which a bank has to keep itself is known as –
(a) CRR
(b) SLR
(c) Repo rate
(d) Liquidity
(e) None of these
3. NABARD was
established on the recommendation by which committee –
established on the recommendation by which committee –
(a) Gorewala committee
(b) Shivaraman committee
(c) Narsimham committee
(d) Kelkar committee
(e) None of these
4. According to MSME
Act – 2006 investment limit for small enterprises in service sector –
Act – 2006 investment limit for small enterprises in service sector –
(a) More than Rs. 10 lakh and less than Rs. 2 crore
(b) More than Rs. 25 lakh and less than Rs. 5 crore
(c) More than Rs. 1crore
(d) Less than Rs. 25 lakh
(e) None of these
5. What is the
maximum amount, that can be transferred through “RTGS” system –
maximum amount, that can be transferred through “RTGS” system –
(a) Rs. 2 lakh
(b) Rs. 5 lakh
(c) Rs. 6 lakh
(d) No upper limit
(e) None of these
6. ‘Forward Market
Commission’ head quarters located at –
Commission’ head quarters located at –
(a) New Delhi
(b) Hyderabad
(c) Mumbai
(d) Jaipur
(e) None of these
7. What is the limit
of “Education Loan” under priority sector lending, that a bank can
provide a student to study in India–
of “Education Loan” under priority sector lending, that a bank can
provide a student to study in India–
(a) Rs. 20 lakh
(b) Rs. 5 lakh
(c) Rs. 10 lakh
(d) Rs. 30 lakh
(e) None of these
8. What is offshore
banking ?
banking ?
(a) It is a bank located in SEZ.
(b) It is bank located outside the country.
(c) It deal’s in foreign exchange.
(d) It is a bank located outside the country of residence of
the depositor.
the depositor.
(e) None of these
9. Which of the
following statement is correct ?
following statement is correct ?
(a) Illiterates can open saving bank accounts in a bank.
(b) Advance can be granted to minor only.
(c) Illiterate women cannot open any account in a bank.
(d) Loans can’t be granted to Illiterate.
(e) Banks are only made for literate people.
10. In the Balance of
Payment (BOP), the transfer of payment is included in which of the following ?
Payment (BOP), the transfer of payment is included in which of the following ?
(a) Current account
(b) Capital account
(c) Service account
(d) Official reserve account
(e) None of these
11. Liquidity trap is
related to which of the following –––––
related to which of the following –––––
(a) Foreign exchange market
(b) Share market
(c) FDI
(d) Demand of liquid money in relation to the prevailing
interest rate.
interest rate.
(e) None of these
12. Which of the
following(s) is NOT a type of NBFC?
following(s) is NOT a type of NBFC?
(a) Asset Finance Company
(b) Infrastructure Debt Fund
(c) Infrastructure Finance Company
(d) Both (b) and (c)
(e) None of them
Regards
Team ExamPundit
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