Dear Readers, Banking Awareness Questions play important role in Banking exams. Around 50-60% of questions come from Banking Awareness which includes recent Banking updates also.
Try to Answer Banking Awareness questions given in this post. We will provide you more questions in next post.
Try to Answer Banking Awareness questions given in this post. We will provide you more questions in next post.
(a) Bombay Stock Exchange (BSE)
(b) Indian Bank’s Association (IBA)
(c) Securities & Exchange Board of India (SEBI)
(d) Reserve Bank of India (RBI)
(e) None of the above
Q2. Who amongst the following is the author of the book (released recently) “India and Global Financial Crisis : Managing Money and finance”?
(a) Dr. Bimal Jalan
(b) Dr. C. Rangarajan
(c) Dr. Manmohan Singh
(d) Dr. Y. V. Reddy
(e) None of the above
Q3. The Reserve Bank of India does not print currency notes of the denomination of Rs. …………….
(a) 20/-
(b) 50/-
(c) 3,000/-
(d) 1,000/-
(e) None of the above
Q14. Which of the following is considered as the financial capital of India?
(a) New Delhi
(b) Kolkata
(c) Ahmedabad
(d) All of the above
(e) None of the above
Q5. “Micro Credit” means?
I. Loan of very small amount
II. Loans to Corporate Sector
III.Loans amounting Rs 50 lakhs to Rs 5 crores to Medium and small Industries Units
(a) Only (I)
(b) Only (II)
(c) Only (I) and (II)
(d) All of the above
(e) None of the above
Q6. Nowadays we frequently read news items about “Derivatives” as used in the world of finance and money market. Which of the following statement(s) correctly describes what a derivative is and how it affects money/finance markets?
I. Derivatives enable individuals and companies to insure themselves against financial risk.
II. Derivatives are like fixed deposits in a bank and are the safest way to invest one’s idle money lying in a bank.
III. Derivatives are the financial instruments which were used in India even during the British Raj.
(a) Only III
(b) Only II
(c) Only I
(d) All of the above
(e) None of the above
Q7. Prior to the establishment of the Reserve Bank of India, the Government banking business was conduct by?
(a) Bank of India
(b) Central Bank of India
(c) National Bank of India
(d) Imperial Bank of India
(e) None of the above
Q8. Which of the following is not a general credit control measure?
(a) bank rate
(b) variable reserve ratios
(c) open market operations
(d) regulation of margin requirements on advances against agricultural commodities
(e) None of the above
Q9. Which one of the following is/are implication(s) of large inflow of foreign exchange into the country?
I. It makes monetary management difficult for RBI.
II.It creates money supply, asset bubbles and inflation.
III.It weakens the competitiveness of Indian exports.
(a) Only I
(b) Only II
(c) Only III
(d) All of the above
(e) None of the above
Q10. In India, which of the following agency is responsible for announcing the Foreign Trade Policy?
(a) RBI
(b) EXIM-Bank
(c) Foreign Ministry
(d) Ministry of Commerce and Industry
(e) None of the above
Answers
1-d
2-d
3-c
4-e
5-a
6-c
7-d
8-d
9-d
10-d
