Banking Awareness Quiz For Upcoming Government Exams

Banking Awareness Quiz For Upcoming Government Exams

Q1. Which public sector bank of india is the first fully Indian bank, established by Indian nationals ?
A. PNB
B. SBI
C. BOI
D. Axis Bank



Q2. Which one of the following is not a money market instrument ?
A. Repurchase Agreement
B. Certificate of deposit
C. Commercial bills
D. Treasury bonds

Q3. The paid-up capital of non-scheduled bank is less than ?
A. 5 lakh
B. 10 lakh
C. 15 lakh
D. 25 lakh

Q4. Banks keep notes/coins on behalf of which of the following in currency chest ?
A. Their ownself
B. The Central Government
C. RBI
D. The head office

Q5. Demand of which among the following will be called as direct demand ?
A. Weaving machine
B. Wool for factory
C. Sweater
D. Wool for making gloves

Q6. Which of the following is a new private sector bank in India ?
A. Tamilnad Mercantile Bank Limited
B. Induslnd Bank Limited
C. South Indian Bank
D. Lakshmi Villas Bank

Q7. Interest on savings bank account is now calculated by banks on ?
A. Monthly Friday
B. Every Friday
C. Daily basis
D. Yearly basis

Q8. Which of the following is not a tool in the hand of RBI to control the inflationary pressure in the country ?
A. Bank rate
B. Special drawing rights
C. Statutory liquidity ratio
D. Cash reserve ratio

Q9. The merchant banking activities in India are governed by which of the following bodies ?
A. RBI
B. IRDA
C. SEBI
D. Both A and B

Q10. ATM cards are issued to a person who maintains any of the following accounts with a bank ?
A. Saving bank account
B. Term deposit account
C. Current bank account
D. Both A and C

Q11. In which of the following year Saurashtra Bank merged with SBI ?
A. 2010
B. 2008
C. 2012
D. 2011

Q12. Federal Reserve is the central bank of ?
A. USA
B. Japan
C. India
D. China

Q13. Goods and services tax would replace which tax ?
A. Custom duty
B. Excise duty
C. Value added tax
D. Service tax

Q14. The rate at which RBI takes loan from commercial banks is called ?
A. Repo rate
B. BANK RATE
C. Reverse Repo rate
D. CRR

Q15. What is the maximum period for which domestic term deposits are normally accepted by banks ?
A. 15 years
B. 10 years
C. 5 years
D. 25 years