Banking and Financial Awareness - Part 15

Daily Banking and Financial Awareness Quiz - Part 15

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.Which among the following is an external domestic agency for standardized approach for risk assets calculations ?
A. CRISIL
B. ICRA
C. CARE
D. FITCH
E. All of the above


Q2.The Government of India has launched National Watershed Development Programme to improve ?
A. Irrigation facilities in rural India
B. Irrigation facilities in rural and urban areas
C. Health facilities in rural India
D. Irrigation facilities in urban areas
E. None of these


Q3.The bank does not open a savings account in the name of ?
A. Government Departments
B. Municipal Corporations/Committees
C. Panchayat Samities
D. State Housing Boards
E. All of the above


Q4.Lack of access to financial service is technically known as ?
A. financial Instability
B. financial Instability
C. financial stability
D. financial exclusion
E. None of these


Q5.Which of the following best defines repo rate ?
A. It is the rate at which banks lend to customer
B. It is the rate at which RBI pays interest to banks
C. It is the rate at which banks borrow from RBI
D. It is the rate at which banks lend to their most valued customers
E. None of these


Q6.In Core Banking Solution (CBS), the term "Core" stands for ?
A. Customer order real-time exchange
B. Centralized online real-time exchange
C. Customized online real-time exchanged
D. Centralized open real-time exchanged
E. None of these


Q7.Money market is a market for ?
A. Short term
B. Long term
C. Medium term
D. All of the above
E. None of the above


Q8.Which of the following measures can be used in order to check persistent inflatonary condition ?
A. Surpls budgeting
B. Curtailing public expenditure
C. Increasing direct taxation
D. All of the above
E. None of the above


Q9.How many Governor (s) is/are there in RBI ?
A. 5
B. 4
C. 3
D. 1
E. None of these


Q10.Which of the following is also known as policy rate ?
A. Bank rate
B. Repo rate
C. Base rate
D. CRR
E. None of these


Q11. Minimum time for a FD is ?
A. 7 days
B. 10 days
C. 20 days
D. 1 month
E. None of these


Q12.CRR funds are kept by banks in ?
A. SBI
B. Central Government
C. RBI
D. State Government
E. None of these


Q13.The Rural Infrastructure Development Fund (RIDF) is maintained by which of the following ?
A. Reserve Bank of India
B. State bank of India
C. NARARD
D. Central Bank of India
E. None of these


Q14.MSF stands for ?
A. Minimum Support Facility
B. Maximum Saving Facility
C. Marginal Standing Facility
D. Money Secure Fiscal Plan
E. None of these


Q15.Expand NMCEX ?
A. New Multi Capital Exchange
B. National Medium Commodity Exchange
C. National Multi Commodity Exchange
D. Net Marketable Commodity Exchange
E. None of these