Banking Awareness Questions for Bank Exams 2018. Banking Awareness Questions, Quiz for All Bank Exams like IBPS PO Clerk, IBPS RRB, SBI & LIC and other government exams.
Q1.ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by?
(a) RBI
(b) Government of India
(c) IRDAI
(d) NABARD
(e) Finance Ministry
Q2.The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as?
(a) Balance in Current Account
(b) Balance in Capital Account
(c) Trade Settlements
(d) Balance of Trade
(e) Balance of Payments
Q3.Minimum amount that can be invested in Kisan Vikas Patra(KVP) Certificate is _________
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) Rs.1000
(e) Rs.1500
Q4.RBI included ___________ in the list of ‘too big to fail’ lenders, referred to as D-SIB or domestic systemically important bank. India’s largest lender SBI and private sector major ICICI Bank was classified as D-SIBs in 2015.
(a) Kotak Mahindra Bank
(b) Bank of Baroda
(c) Axis Bank
(d) Punjab National Bank
(e) HDFC Bank
Q5.Public Debt Management Agency (PDMA) is being to set up to prevent leakages and development of the-
(a) Treasury Market
(b) Bond Market
(c) Money Market
(d) Capital Market
(e) Call Money Market
Q6.What is the meaning of Mixed economy?
(a) Co-existence of small and large industries
(b) Co-existence of public and private industries
(c) Co-existence of the rich and poor
(d) Promoting both agriculture and industries in the economy
(e) None of these
Q7.Fixed Deposits and Recurring Deposits are-
(a) repayable after an agreed period
(b) repayable on demand
(c) not repayable
(d) repayable on demand or after an agreed period as per customer’s choice
(e) None of these
Q8._________ account is opened by the investor while registering with an investment broker.
(a) Fixed Deposit Account
(b) Savings Bank Account
(c) Recurring Account
(d) Demat Account
(e) None of these
Q9.World’s first Bitcoin ATM located in-
(a) US
(b) Brazil
(c) Canada
(d) UK
(e) Japan
Q10.A centralised database with Online connectivity to branches and the 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) Mobile Banking
(c) Specialised Banking
(d) Core Banking Solution
(e) None of these
ANSWER KEY
Ans.1.(b)
Ans.2.(e)
Ans.3.(d)
Ans.4.(e)
Ans.5.(b)
Ans.6.(b)
Ans.7.(d)
Ans.8.(d)
Ans.9.(c)
Ans.10(d)
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