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Banking Awareness Quiz for Upcoming Exams

1. Bank Branches which can undertake foreign exchange business directly are known as ...... foreign exchange.
1. Authorized dealers
2. Foreign dealers
3. Overseas branches
4. Approved dealers
Ans- 1


2. Insurance cover for bank deposits in our country is provided by.........?
1. SBI
2. Government of India
3. LIC
4. DICGC
Ans- 4

3. Financial Literacy doesnot include which of the following?
1. How to invest the funds
2. How to use the limited funds carefully
3. How to minimise the risk
4. None of these
Ans-4

4. Loans of very small amounts given to low income groups is called..........?
1. Cash credit
2. Microcredit
3. Simple overdraft
4. No frills loans
Ans- 2

5. Expand the term ALM are used in Banking sector ?
1. Asset Liability Management
2. Asset Liability Maturity
3. Asset Liability Mismatch
4. Asset Liability Manpower
Ans-1

6.Which of the following is not classified as a commercial bank?
1. Public sector bank
2. Foreign banks
3. Private sector bank
4. Urban cooperative bank
Ans- 4

7. Monetary Policy as an arm of the economic policy is administered by........?
1. Government of India
2. RBI
3. SBI
4. None of these
Ans- 2

8. The Banking Ombudsman?
1. is in charge of bank loans for buses
2. fixes the rates of interest for loans
3. resolves complaints of cutomers
4. issues licenses for new bank branches
Ans- 3

9. Which of the following is not a primary function of a Bank?
1. Granting Loans
2. Collecting Cheques/Drafts of customers
3. Facilitating imports of goods
4. Issuing Bank Drafts
Ans- 3

10. Money laundering means........?
1. Hiding of income source mainly to avoid Income Tax
2. Money acquired through criminal source
3. Money acquired from undisclosed sources and deposited in foreign banks
4. Process of conversion of money obtained illegally to appear to have originated from legitimate sources
Ans-4


1. Bank Branches which can undertake foreign exchange business directly are known as ...... foreign exchange.
1. Authorized dealers
2. Foreign dealers
3. Overseas branches
4. Approved dealers
Ans- 1


2. Insurance cover for bank deposits in our country is provided by.........?
1. SBI
2. Government of India
3. LIC
4. DICGC
Ans- 4

3. Financial Literacy doesnot include which of the following?
1. How to invest the funds
2. How to use the limited funds carefully
3. How to minimise the risk
4. None of these
Ans-4

4. Loans of very small amounts given to low income groups is called..........?
1. Cash credit
2. Microcredit
3. Simple overdraft
4. No frills loans
Ans- 2

5. Expand the term ALM are used in Banking sector ?
1. Asset Liability Management
2. Asset Liability Maturity
3. Asset Liability Mismatch
4. Asset Liability Manpower
Ans-1

6.Which of the following is not classified as a commercial bank?
1. Public sector bank
2. Foreign banks
3. Private sector bank
4. Urban cooperative bank
Ans- 4

7. Monetary Policy as an arm of the economic policy is administered by........?
1. Government of India
2. RBI
3. SBI
4. None of these
Ans- 2

8. The Banking Ombudsman?
1. is in charge of bank loans for buses
2. fixes the rates of interest for loans
3. resolves complaints of cutomers
4. issues licenses for new bank branches
Ans- 3

9. Which of the following is not a primary function of a Bank?
1. Granting Loans
2. Collecting Cheques/Drafts of customers
3. Facilitating imports of goods
4. Issuing Bank Drafts
Ans- 3

10. Money laundering means........?
1. Hiding of income source mainly to avoid Income Tax
2. Money acquired through criminal source
3. Money acquired from undisclosed sources and deposited in foreign banks
4. Process of conversion of money obtained illegally to appear to have originated from legitimate sources
Ans-4


56 comments:

  1. ashokpippal15 November 2014 at 10:09

    IBPS PO Exam Over. What Next? (Full selection Procedure)

    http://www.examguruadda.in/2014/11/ibps-po-exam-over-what-next-full.html

    ReplyDelete
  2. tivresh15 November 2014 at 13:31

    thamkyou

    ReplyDelete
  3. sumith16 November 2014 at 14:33

    i got 143 in IBPS-RRB OA...Is there any chance of getting selection

    ReplyDelete
  4. sagar16 November 2014 at 21:46

    i got 103 marks in rrb po is their any possiblity of selection

    ReplyDelete
  5. ashokpippal16 November 2014 at 22:00

    yes

    ReplyDelete
  6. Dinesh17 November 2014 at 08:58

    I secured 146 in rrb assistants in oc from ap . what are my chances?

    ReplyDelete
  7. Manyam17 November 2014 at 14:10

    i got 80 in scale..
    any chance..?
    im ST Andhra pradesh

    ReplyDelete
  8. Manyam17 November 2014 at 14:11

    i got 80 in scale I..
    any chance..?
    im ST Andhra pradesh

    ReplyDelete
  9. ashokpippal17 November 2014 at 14:40

    it depends on no. of vacancy in your state and marks get by other students

    ReplyDelete
  10. ashokpippal17 November 2014 at 14:41

    you get interview call

    ReplyDelete
  11. ashokpippal17 November 2014 at 14:41

    chances are there but less . you may or maynot get interview call

    ReplyDelete
  12. jeyapriya17 November 2014 at 14:53

    Hai I got only 118 RRB office Assistant,OBC candidate there is any possibility for me.

    ReplyDelete
  13. ashokpippal17 November 2014 at 15:02

    it depend on your state and number of vacancy in rrb. In my view chances are less

    ReplyDelete
  14. Rakesh Kumar17 November 2014 at 16:57

    SIR I GOT 122 RRB OFFICE ASSISTANT OBC CANDIDATE FOR BIHAR AND UP ANY POSSIBILITY FOR INTERVIEW FOR ME PLEASE HELP ME.

    ReplyDelete
  15. Dinesh17 November 2014 at 19:18

    Thank you for your response.

    ReplyDelete
  16. Vinayak Agarwal18 November 2014 at 11:18

    I got only 131 in Office Assistant (Gen) Uttarakhand ... Do i hv any chance ?

    ReplyDelete
  17. Sowjanya Mylavarapu18 November 2014 at 16:13

    i got 139 in OA from AP ..Do i have any chance ?????? and 104 in Scale 1

    ReplyDelete
  18. Divya Saravanan19 November 2014 at 09:12

    i got 148 obc in oa from tamilnadu....doi have any chances ?

    ReplyDelete
  19. ashokpippal19 November 2014 at 15:09

    yes

    ReplyDelete
  20. ashokpippal19 November 2014 at 15:10

    IBPS PO Exam Over. What Next? (Full selection Procedure)
    http://www.examguruadda.in/2014/11/ibps-po-exam-over-what-next-full.html

    ReplyDelete
  21. ashokpippal19 November 2014 at 22:42

    u have chance in oa

    ReplyDelete
  22. ashokpippal19 November 2014 at 22:42

    maybe as oa cutoffs are high

    ReplyDelete
  23. Vinayak Agarwal20 November 2014 at 00:04

    Thanks ... :)

    ReplyDelete
  24. Anupam Yaduraj20 November 2014 at 19:50

    i got 138 marks in ibps rrb OA and i belong to obc. is it any chances for me????

    ReplyDelete
  25. Gurjot Singh20 November 2014 at 20:57

    i got 127 in OS(punjab) general category.......is there any chance for me??

    ReplyDelete
  26. Ankit20 November 2014 at 21:09

    Sir,i got 123 in officer scale(mp)
    & 153(mp) in office asst.......is there any chance?

    ReplyDelete
  27. chetna20 November 2014 at 21:59

    sir my marks is 133 frm up and gen cat is that any chance?

    ReplyDelete
  28. Sowjanya Mylavarapu21 November 2014 at 11:58

    Thank u sir

    ReplyDelete
  29. Suddapalli Uday21 November 2014 at 12:28

    sir my marks is 102 in oa frm ap and (sc) is that any chance?

    ReplyDelete
  30. ashokpippal21 November 2014 at 12:37

    those who got 130 plus in oa have chance to get interview call

    ReplyDelete
  31. Shivani Khandelwal21 November 2014 at 14:34

    i got 161 marks (GEN) in rrb office assistant i have any chance for interview call

    ReplyDelete
  32. YUSUF KHAN21 November 2014 at 19:26

    sir i got 146 marks in oa (gen) from bihar is there any chance for interview call

    ReplyDelete
  33. krishan21 November 2014 at 20:07

    got 148 in office assistant gen (rajasthan).
    is there any chance?

    ReplyDelete
  34. Shivam Aryan Dixit22 November 2014 at 10:47

    i got 109 in rrb officer sacle -1 in 2014. Will i get interview calls?

    ReplyDelete
  35. Pankaj Debnath22 November 2014 at 14:54

    i got oa138 ,obc from west bengal..will i get any chance..

    ReplyDelete
  36. Raghavendra Purushottham23 November 2014 at 11:30

    i got 126 marks in rrb office assistant is there any chance to get interview letter? obc category

    ReplyDelete
  37. ashokpippal23 November 2014 at 21:44

    hopefully u will get interview call but it depend on your state

    ReplyDelete
  38. ashokpippal23 November 2014 at 21:44

    maybe

    ReplyDelete
  39. ashokpippal23 November 2014 at 21:45

    maybe u get

    ReplyDelete
  40. ashokpippal23 November 2014 at 21:45

    yes

    ReplyDelete
  41. ashokpippal23 November 2014 at 21:45

    yes you have chance

    ReplyDelete
  42. ashokpippal23 November 2014 at 21:45

    definitely you will be selected

    ReplyDelete
  43. amit sharma24 November 2014 at 00:00

    sir i got 166 marks in rrb office assistant in gen. cat. from rajasthan in . Is there any chance for interview call ?

    ReplyDelete
  44. MK Chaitanya26 November 2014 at 21:41

    Sir,I got 111 marks in officer scale-1 and I am from A.P and of Obc category.Is there any chance for interview call???

    ReplyDelete
  45. Sushma27 November 2014 at 21:09

    Sir, I got 103 marks in rrb office assistant.is there any chance to get interview letter (S.T category)

    ReplyDelete
  46. Amit Kumar Sharma27 November 2014 at 22:13

    Sir i got 166 marks in rrb office assistant in gen. cat. from rajasthan. Is there any chance for interview call ?

    ReplyDelete
  47. ashokpippal27 November 2014 at 23:30

    yes

    ReplyDelete
  48. ashokpippal2 December 2014 at 18:51

    maybe you get call

    ReplyDelete
  49. ashokpippal2 December 2014 at 18:52

    maybe

    ReplyDelete
  50. ashokpippal2 December 2014 at 18:52

    chance 50:50

    ReplyDelete
  51. Annapureddy Venugopala Reddy8 December 2014 at 13:25

    dear sir/madam,
    i have a query regarding of my name. i wrote IBPS RRB III Asst exam. i got 160 marks, but i filled in application my name as "VENUGOPALA REDDY ANNAPUREDDY" but in my all certificates the name appeared as "VENUGOPALA REDDY A", but my father name as SIVA REDDY ANNAPUREDDY". So in confusion i filled my name as above in application. in Andhra Pradesh the sir never changed to males particularly Andhra origins. so is this any problem creates to my candidature in Regional Rural Banks. if it, would you provide any solution for this. and "Annapureddy is my Sir name" but from 10th standard due to length of name they just as "A"
    Regards,
    Venugopala reddy A
    mob no : 9052125152

    ReplyDelete
  52. ashokpippal8 December 2014 at 15:54

    Do one thing make one affidavit by consulting with lawyer. Hope it will work for you.

    ReplyDelete
  53. Annapureddy Venugopala Reddy9 December 2014 at 09:26

    but i put my name as remaining exams as like as in my certificates, if i take affidavit it will effect on other exams or not ? will u clearly explain this process

    ReplyDelete
  54. ashokpippal9 December 2014 at 11:34

    use that affidavit in that interview only in which you commit mistake

    ReplyDelete
  55. Sabareesh S18 December 2014 at 06:30

    I have the p.g degree in msc computer engineering network technology from m.g university, kerala,This degree recognized as equivalent to msc computer science/it of mg university kerala.
    (i have the equivalency certificate).is iam eligible for ibps S.O scale (I) post.pls answer

    ReplyDelete
  56. BHIM KUMAR1 July 2015 at 06:19

    I GOT 141 SCORE IN OA RRB3 IN BIHAR, CAT - OBC . IS THERE POSSIBLE FOR INTERVIEW

    ReplyDelete

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