Banking and Financial Awareness - Part 14

Daily Banking and Financial Awareness Quiz - Part 14

Effective For SBI PO - IBPS PO - Bank Exams - Insurance Exams

Dear Reader, 

As SBI PO/CLERK, IBPS PO/CLERK Prelims & Mains Exams is scheduled tentatively in the month of May to December. Start daily practice for your upcoming Banking Exams.  It will help you to boost your score. In this section you will get daily 15 questions in the form of Multiple Choice Questions (MCQs).

Q1.World Consumer Right Day is celebrated every year on ?
A. 15th March
B. 21st March
C. 23rd March
D. 27th March
E. 31st March


Q2. What is the full form of 'PPP'?
A. Purchasing Power Parity
B. Public Private Partnership
C. Purchase Product Provider
D. Product Purchase Parity
E. Both (1) and (2)


Q3. The minimum amount to be remittedd through RTGS is ?
A. 6 lakh
B. 8 lakh
C. 1 lakh
D. 2 lakh
E. 5 lakh


Q4.'Self Help Group' is associated with which of the following rural development programme ?
A. Pradhan Mantri Gram Sadak Yojana
B. Swarn Jyoti Gram Swarozgar Yojna
C. TRYSEM
D. Indira Awas Yojana
E. None of these


Q5. The risk to earnings or capital from a customer's failure to meet his financial obligation is?
A. Liquidity risk
B. Price risk
C. Credit risk
D. Interest rate risk
E. None of the above


Q6. Who is the author of "An Untold Story?
A. Vikram Seth
B. Anita Desai
C. Amitabh Ghosh
D. Monica All
E. Riya Seth


Q7.Expand the term VAMBAY ?
A. Valmiki Ambedkar Awas Yojana
B. Vandee Ambedkar Awas Yojana
C. Valmiki Ambedkar Area Yojana
D. Valmiki Awas Area Yojana
E. None of the above


Q8.Under which act local area banks can be established by private promoters ?
A. Companies Act-1957
B. Companies Act-1949
C. Companies Act-1956
D. Banking Act-1936
E. None of these


Q9.The money available at exceptionally high rate of interest is called ?
A. Cheap money
B. Dear money
C. Near money
D. Token money
E. None of these


Q10.Ussain Bolt is related to which of the following sport ?
A. Badminton
B. Football
C. Athletics
D. Shooting
E. Tennis


Q11.Which of the following act regulates the foreign contribution in India ?
A. India Contract Act
B. Foreign Regulation Act
C. Foreign Contribution and Regulation Act
D. All of these
E. None of these


Q12.First share market in India was established in which of the following cities ?
A. Kanpur
B. Lucknow
C. Mumbai
D. Jaipur
E. None of these


Q13.Code of banks commitment to micro and small enterprises is prepared by ?
A. RBI
B. SEBI
C. FEDAI
D. BCSBI
E. Ministry of small and Medium Enterprises


Q14.Can anyone file an appeal against the order passed by the Banking Ombudsman ? If so who is the appellate authority ?
A. The chairman of concerned Bank
B. A Deputy Governor of RBI
C. Governor of RBI
D. Finance Minister
E. None of the above


Q15.International Development Association (IDA) is an institution of which of the following international organizations ?
A. UNESCO
B. FAO
C. World Bank
D. WHO
E. None of these