Banking Awareness Quiz for SBI And Insurance Exams

Banking Awareness Quiz for SBI And Insurance Exams 

Q1. Commercial loans availed from non-resident lenders with minimum average maturity of 3 years are ?
A. Demand Loss
B. External commercial borrowings
C. FCCB
D. Term Loan



Q2. As per the recent RBI directions, which facility has been immobilized so as to stop the sucking back of cash bt the bank ATMs after a stipulated time ?
A. Cash Traction Facility
B. Cash Retraction Facility
C. Cash Sucking Facility
D. Cash Resucking Facility

Q3. Forward Markets Commission regulates which of the following ?
A. Currency
B. Debentures
C. bullion Markets
D. Commodities Future Market

Q4. During which period a person does not need to pay interest charges ?
A. Free debit period
B. Free credit period
C. Interim period
D. None of these

Q5. Which of the following is a type of treasury bill ?
A. 525 day T-bill
B. 265 day T-bill
C. 200 day T-bill
D. 364 day T-bill

Q6. Which of the following is a credit Ratio of Indian origin ?
A. CRISIL
B. IBA
C. SKP
D. SEBI

Q7. Regional Rural Banks were established in India on the recommendation of which of the following committees ?
A. C. Rangrajan commitee
B. S.M. Kelkar committee
C. B. Shivraman committee
D. Usha Thorat committee

Q8. Which of the following statement is not correct ?
A. RBI is a central bank of our country
B. RBI deals in foreign exchange
C. RBI controls currency system
D. RBI was established on April 1949

Q9. The first public sector bank in India which obtained license for internet banking from RBI is ?
A. Oriental bank of commerce
B. Punjab national bank
C. Corporation bank
D. State bank of India

Q10. The National rural health mission aims to reduce ?
A. Decrease in the country
B. Infant mortality rate
C. Maternal mortality rate
D. Health related diseases in rural areas

Q11. Central Board of Excise and Customs is considered to be the highest authority in India for which of the following taxes ?
A. Direct tax
B. Indirect tax
C. Sales tax
D. Both (A)and(B)

Q12. Which of the following is / are types of negotiable instrument(s) ?
A. Cheques
B. Promissory note
C. Bill to exchange
D. None of these

Q13. When the Indian rupee is losing its value against dollar, what is this called in economic terms ?
A. Devaluation
B. Revaluation
C. Degradation
D. Depreciation

Q14. Which of the following is meant to ensure exports from India ?
A. ECGC
B. CRISIL
C. FICCI
D. EXIM

Q15. What is the maximum investment limit in senior citizens saving scheme,2004 ?
A. 15 lakh
B. 20 lakh
C. 25 lakh
D. 10 lakh