Daily Banking and Financial Awareness Quiz - Part 17
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).
A. Foreign Currency Non Resident
B. Foreign Credit National Resident
C. Free Cross Nation Resource
D. Forum Crisis National Research
E. None of these
Q2.Which of the following organisations is established mainly to promote micro, small and medium industrial sector in India ?
A. NABARD
B. SIDBI
C. IDBI
D. EXIM
E. None of these
Q3. In India, the first bank of limited liablity managed by Indians and founded in 1881 was?
A. Hindustan Commercial Bank
B. Oudh Commercial Bank
C. Punjab National Bank
D. Punjab and Sind Bank
E. None of these
Q4.Which of the following business is prohibite as per Section-8 of Banking Regulation Act, 1949 ?
A. Leasing
B. Under Writing
C. Retail Trading
D. Executing the trust
E. None of these
Q5.In the second nationalization of commercial banks how many banks were nationalized ?
A. 4
B. 5
C. 6
D. 8
E. None of these
Q6.Deficit financing means that the government borrows money from the ?
A. RBI
B. Local Bodies
C. Big Businessmen
D. IMF
E. None of these
Q7.CRAR stands for ?
A. Capital to Risk (weighted) Assets Ratio
B. Credit Risk Account Ratio
C. Commercial Risk (weighte) Assets Ratio
D. Cross Research And Recession
E. None of these
Q8.Which of the following countries has the largest stock of foreign exchange reserves in the world ?
A. USA
B. China
C. Japan
D. India
E. None of these
Q9.In the law of demant, other things remain same means ?
A. Income of consumer should not change
B. Price of other goods should not change
C. Taste of consumer should not change
D. All of these
E. None of these
Q10.Which of the following cups is associated with the game of lawn tennis ?
A. Thomas Cup
B. Merdeka Cup
C. Uber Cup
D. Durand Cup
E. None of these
Q11.Which organization is being given the status of micro finance regulation authority ?
A. SIDBI
B. NABARD
C. SEBI
D. ICICI bank
E. None of these
Q12.KYC guidelines have been framed on the recommendations as per guidelines of ?
A. Reserve Bank of India
B. Ministry of Finance
C. Indian Banks Assoiation
D. Financial Action Task Force
E. Ministry of Home Affairs
Q13.Market capitalization of companies is determined by ?
A. Product of share price and total number of shares
B. Product of share price and total number of debentures
C. Product of share price and total number of assets
D. Product of share price and total number of liabilities
E. None of these
Q14.Seema owns a publishing company and wants to open an account with which she can make any number of withdrawals at any time. Suggest her type of account she should open ?
A. Saving Account
B. Demat Account
C. Current Account
D. Fixed deposit account
E. None of these
Q15.In the case of cheque, bank is always the ?
A. Drawer
B. Drawee
C. Payee
D. Both drawee and the payee
E. None of these
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