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Banking and Financial Quiz for SBI PO Mains Exams 2017

Banking and Financial Quiz for SBI PO Mains Exams 2017

Banking and Financial Quiz for SBI PO Mains Exams 2017

Effective For All Banking Exams

Q1.Which of the following are known as negotiable instituments ?
A. Cheques
B. Bill of Exchange
C. Promissory notes
D. All of the above
E. None of above

Q2.Short term means ?
A. One year or less than one year
B. More than one year
C. 5 years
D. All above comes in short term
E. None of these

Q3.What does the letter 'F' denotes in FDI ?
A. Foreign
B. Fiscal
C. Forum
D. Favourable
E. None of these

Q4.What does the term NSDL stand for ?
A. National Securities Depository Limited
B. National Scheme for Depository Loan
C. New Scheme for Loan Deposits
D. National Social for Division Lending
E. None of these

Q5.Distribution of insurance products and insurance policies by banks as corporate agents is known as ?
A. Bank fusion
B. Bankers assurance
C. Banker insurance
D. Bancassurance
E. None of these

Q6.EMI stands for ?
A. Equated Monthly Installment
B. Equal Monthly Installement
C. Equated Month Income
D. Equal Month Income
E. None of these

Q7. Which of the following is the agency which regulates mutual funds in India?
A. SEBI
B. RBI
C. IRDA
D. GOI
E. AMFI

Q8.Which of the following will be the venue of the Summer Olympics to organized in 2016 ?
A. Paris
B. London
C. New York
D. Rio-de janeiro
E. None of these

Q9.The government created a separate department of "Disability Affairs", which was earlier part of the ministry of........ ?
A. Health Ministry
B. Family and Welfare Ministry
C. Social justice and Empowerment
D. Labour Ministry
E. None of these

Q10.The Uber cup is related to ?
A. Football
B. Badminton
C. Table Tennis
D. Hocky
E. None of these

Q11.In regards to insurance, 'A policy provision to be restored from a lapsed status and resums active coverage, is termed as ?
A. Reaffirmation
B. Reinsurance
C. Reinstallment
D. Revocation
E. None of these

Q12.On the recommendation of which of the following NABARD was estabilished ?
A. Rangaranjan
B. Shivraman
C. Narasingam
D. Vijay Kelkar
E. None of these

Q13.In a free market system the amount of goods and services that any household gets depands upon its ?
A. Income and wealth
B. Income
C. Wage and interest income
D. Assets
E. None of these

Q14.The demand drafts, mail transfers, telegraphic transfers and traveller cheques for Rs.50,000 and above should be issued by banks only by debit to ?
A. the customer's account
B. against cheque
C. against cash payment
D. Either (1) or (2)
E. None of these

Q15.Which bank will launch M-power a mobile premium payment facility ?
A. SBI
B. PNB
C. OBC
D. UBI
E. None of these

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