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. Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India?
(a) NABARD
(b) SIDBI
(c) RBI
(d) SEBI
(e) None of these
Q2. The amount of which of the following reflects the overall budgetary position of the Government of India at a given time?
(a) Revenue deficit
(b) Total amount of income tax collected
(c) Capital deficit
(d) Fiscal deficit
(e) None of these
Q3. Inflation is caused by
(a) increase in supply of goods
(b) increase in cash with the government
(c) decrease in money supply
(d) increase in money supply
(e) All of the above
Q4. ‘Sub prime lending’ is a term applied to the loans made to
(a) these borrowers who do not have a good credit history
(b) those who wish to take loan against the mortgage of tangible assets
(c) those who have a good credit history and are known to bank since 10 years
(d) Both 1 and 2
(e) None of the above
Q5. Which one of the following statements is true regarding IMF?
(a) It is not an agency of UNO
(b) It can grant loan to any country of the world
(c) It can grant loan to State Government of a country
(d) It grants loan only to member nations.
(e) All of the above
Q6. In which year was World Bank formed?
(a) 1945
(b) 1956
(c) 1960
(d) 1988
(e) 1978
Q7. One rupee notes and coins are issued by
(a) Reserve Bank of India
(b) State Bank of India on behalf of Government of India
(c) Government of India
(d) Finance Minister of Central Government
(e) None of the above
Q8. The rate of interest banks charge its main/major and prime customers is popularly called as
(a) Risk Premium
(b) Prime Lending Rate
(c) Repo Rate
(d) Reverse Repo Rate
(e) Cost of fund
Q9. The balance of trade is given by
(a) income receipts minus income payments on investments
(b) the balance of unilateral transfers
(c) merchandise exports plus service exports minus the sum of merchandise and service imports
(d) merchandise exports minus merchandise imports
(e) the balance on current account
Q10. The Export Import Bank of India was set-up in
(a) July, 1969
(b) April, 1970
(c) January, 1982
(d) April, 1982
(e) None of the above
SOLUTIONS
Ans.1.(a)
Ans.2.(d)
Ans.3.(d)
Ans.4.(a)
Ans.5.(d)
Ans.6.(a)
Ans.7.(c)
Ans.8.(b)
Ans.9.(e)
Ans.10.(c)
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