Hello and welcome to exampundit . Here is a set of Banking & Financial Awareness Quiz for upcoming SBI Clerk Mains & SBI PO Mains 2016.
Read the followings carefully and answer
Rules:
Post answers according to the following format(s)
1-2
2-3
3-4
Or
12345
54213
In case the options are ABCD, use the Appropriate Options.
Do Not Rectify anyone.
If you have any doubt regarding any question of the quiz, kindly ask after the quiz is over i.e answers given.
DO NOT GOOGLE ANSWERS!! IT WILL HAMPER YOUR PREPARATION
Do Not CHAT here. If you have any query, use today’s Ask The Mentor Page.
At least 10 Attempts for Scores.
Exampundit.in reserves the right to choose winner or give scores.
1. Many times we read
in newspapers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs ?
in newspapers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs ?
(1) Foreign Currency Convertible Bonds
(2) Foreign Convertible Credit Bonds
(3) Financial Consortium and Credit Bureau
(4) Future Credit and Currency Biireau
(5) None of the above
2. The Holidays for
the Banks are declared as per
the Banks are declared as per
(1) Reserve Bank Act
(2) Banking Regulation Act
(3) Negotiable Instruments Act
(4) Securities and Exchange Board of India Act
(5) Companies Act
3. Inflation in India
is measured on which of the following indexes/indicators ?
is measured on which of the following indexes/indicators ?
(1) Cost of Living Index (COLI)
(2) Consumer Price Index (CPI)
(3) Gross Domestic Product (GDP)
(4) Wholesale Price Index (WPI)
(5) None of the above
4. Which of the
following is a function of the agent bank relating to flow of money in the
“process of loan syndication?
following is a function of the agent bank relating to flow of money in the
“process of loan syndication?
(1) Receiving notices relating to cancellation of any part
of the loan
of the loan
(2) Calling of loans in the event of default
(3) Receiving the fee from the borrower and distributing
among the participating banks
among the participating banks
(4) Receiving notices relating to transfers of banks
(5) None of the above
5. Which of the
following is a leading electronic payment technology firm?
following is a leading electronic payment technology firm?
(1) Visa
(2) Max
(3) BSE
(4) Sensex
(5) SWAP
6. CRR funds are kept
by the Banks in
by the Banks in
(1) Cash in hand at branches
(2) Balance with other banks
(3) Balance in a special Account with RBI
(4) Funds in the currency chest
(5) None of the above
7. In the list of nationalized
banks, which bank was merged with Punjab National Bank in 1993?
banks, which bank was merged with Punjab National Bank in 1993?
(1) Bank of India
(2) Bank of Baroda
(3) Andhra Bank
(4) New Bank of India
(5) Central Bank of India
8. The Shipping
guarantee is a :
guarantee is a :
(1) Type of a letter of credit
(2) Guarantee issued by the ship captain to the purchaser
(3] Guarantee issued to the borrower towards the loan granted
by the shipping company
by the shipping company
(4) Deferred payment guarantee, issued by a banker at the
request of the consignee when the documents are not received and goods are
received, for facilitating the delivery of goods.
request of the consignee when the documents are not received and goods are
received, for facilitating the delivery of goods.
(5] None of the above
Sponsored
(adsbygoogle = window.adsbygoogle || []).push({});
9. Who said the
nationalization of banks is the ‘masterstroke of political sagacity”?
nationalization of banks is the ‘masterstroke of political sagacity”?
(1) Indira Gandhi
(2) Raj Narayan
(3] Jayaprakash Narayan
(4) Jawahar Lai Nehru
(5] Atal Bihari Vajpayee
10. Regional Rural
Banks have been set up with the basic objectives of :
Banks have been set up with the basic objectives of :
(1) providing credit to semi urban & urban population
(2) providing deposits facilities to farmers
(3) providing credit and deposit facilities to rural areas
(4) providing credit, deposit and other banking facilities
to people in rural areas
to people in rural areas
(5) None of the above
11. Which of the
following is not a financial intermediary in the financial markets?
(1] Pension funds
(2) Credit unions
(3] Life insurance companies
(4) Small scale service institute
(5) None of the above
12. Which of the
following is not one of the RBI directives on clean note policy?
following is not one of the RBI directives on clean note policy?
(1) Currency note packets are not to be stapled and secured
with paper bands
with paper bands
(2) Soiled notes are to be stapled before they are remitted
to Currency Chest
to Currency Chest
(3) Water mark window of bank notes shall not contain any writings
(4) Currency notes are to be sorted in to issuable and non-issuable
notes
notes
(5) None of the above
13. When banks accept
a fixed sum of money from an individual for a definite term and pay on maturity
with interest, the deposit is known as :
a fixed sum of money from an individual for a definite term and pay on maturity
with interest, the deposit is known as :
(1) Term Deposit
(2) Demand Deposit
(3) Bond
(4) Mortgage
(5) Advance
14. Bad debts mean
(1) amounts owed to a company ! that are going to he paid
(2) amounts owed to a company that are not going to be paid
(3) amounts owed to a company that are going to be paid within
2 years
2 years
(4) amounts owed to a company that are not going to be paid within
8 years
8 years
(5) None of the above
15. In which part of
India, many banks are established, which is called the ‘Cradle of Indian Banking
System’?
India, many banks are established, which is called the ‘Cradle of Indian Banking
System’?
(1) Northern Assam
(2) Southern Tamil Nadu
(3) Eastern Rajasthan
(4] Southern Karnataka
(5) Western Maharashtra
Regards
Team ExamPundit
This post was last modified on November 27, 2017 8:56 am