Banking Awareness Quiz for NIACL AO MAINS|23nd JANUARY 2019

Improve your Banking with Banking quiz. Banking Quiz to help you improve your score for exams like Bank, SSC, Railway, UPSC, UPSSSC, CDS, UPTET, KVS, DSSSB and other Government exams.

Q1.Sukanya Samriddhi Account can be opened up to age of ________ years only from the date of birth.

(a) Five years

(b) Four years

(c) Six years

(d) Eight years

(e) Ten years

Q2.Part of company’s earning or profit which is paid out to share holders is known as _______

(a) Premium

(b) Dividend

(c) Bonus

(d) Sum Assured

(e) Return

Q3.NFS is the largest network of shared automated teller machines (ATMs) in India. NFS stands for-

(a) National Financial Switch

(b) National Financial Service

(c) National Financial System

(d) National Financial Stand

(e) National Financial Security

Q4.PFRDA is responsible for the appointment of which of the following agency?

(a) Pension Fund Managers

(b) Custodian

(c) NPS Trustee Bank

(d) Central Record Keeping Agency (CRA)

(e) All of the above

Q5.Pradhan Mantri Suraksha Bima Yojana (PMSBY) is Indian Government’s accidental insurance cover which was announced in the 2015 Budget. The annual premium of PMSBY is scheme is _________ excluding the service tax.

(a) Rs.10

(b) Rs.12

(c) Rs.28

(d) Rs.56

(e) Rs.30

Q6.Currency Swap is an instrument to manage _______

(a) currency risk

(b) cash flows in different currency

(c) currency and interest rate risk

(d) interest rate risk

(e) All of the above

Q7.Which of the following field Dalal Street in Mumbai is famous?


(b) Stock Exchange

(c) RBI

(d) SEBI

(e) Commerce and industry ministry

Q8.Which of the following is defined as the difference between current assets and current liabilities?

(a) Venture Capital

(b) Working Capital

(c) Equitable Mortgage

(d) Loss Assets

(e) Profit and Loss Account

Q9.Many a time we read in the newspapers that RBI has changed or revised a particular ratio/rate by a few basis points. What is basis point?

(a) Ten percent of one-hundredth point

(b) One hundredth of 1%

(c) One hundredth of 10%

(d) Ten per cent of 1000

(e) None of the above

Q10.Which of the following is the name of private sector Bank in India?

(a) IDBI Bank

(b) Axis Bank

(c) Corporation Bank

(d) UCO Bank

(e) Dena Bank












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