Banking Awareness Quiz for SBI CBO
Banking Awareness Section plays an important part in SBI CBO exam. We’ve provided Banking Awareness Quiz for SBI CBO that is essential for SBI CBO examination. The Banking Awareness Quiz for SBI CBO is based on both static banking and current banking in the news. This Banking Awareness Quiz for SBI CBO can help you prepare for the upcoming SBI CO exam and others. So go ahead and attempt the Banking Awareness Quiz for SBI CBO, now.
Q1. The books and records of accounts U/s 35 arr to be maintained at
(a) Place where the books and accounts are maintained
(b) Place of address of the Proprietor/ Partner/Director/Principal Officer
(c) Principal place of business mentioned in the Certificate of Registration
(d) Any of the above
Q2. Balance in electronic cash ledger under SGST may be used against ____
(a) SGST Liability only
(b) SGST and IGST liability
(c) SGST, IGST and CGST liability
(d) None of them
Q3.___ code is used in clearance process of cheques and other documents. It is present at the bottom of the cheques.
Q4. TAN is ____ digit alpha Numeric code
Q5. The first four digits of MMID Represent
(a) Bank of the user
(b) User Account
(c) Branch Code
(d) City Code.
Q6. Changes in the prices of goods sold and traded in bulk by wholesale businesses to other businesses is measured through which Inflation?
(a) Wholesale Price Index
(b) Consumer Price Index
(c) National Income deflator
(d) None of the above
(e) All the above
Q7. Which of the following can be undertaken to control inflation?
(a) Control on public expenditure
(b) Control on hoarding and black marketing
(c) Effective control on credit
(d) All the above
(e) None of these
Q8. Aim of economic development fails when deficit financing creates additional paper currency to fill the gap between expenditure and revenue, is known as
Q9. Which of the following is not an OVD – Officially Valid Document
(a) Passport (within validity)
(b) Driving license (within validity)
(c) Voters Identity card
(d) Aadhar Card
(e) None of the above
Q10. ________________ means undertaking client due diligence measures while commencing an account-based relationship including identifying and verifying the customer and the beneficial owner on the basis of one officially valid document.
(a) Customer Identification
(b) Customer Service Policy
(c) Banking Codes
(d) Monitoring of Transactions
(e) None of the above