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Banking and Financial Awareness - Part 24


Daily Banking and Financial Awareness Quiz - Part 24

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. Maria Sharapova is related to which of the following sports?
A. Lawn tennis
B. Badminton
C. Athletics
D. Hockey
E. None of these

Q2. Condider the following situation. A customer approaches the bank with a cheque and the particular cheque is returned umpaid by the bank, this is known as?
A. Bouncing of cheque
B. Dishonour of cheque
C. Cancellation of cheque
D. Honouring of cheque
E. None of these

Q3.Expand the term KYC. ?
A. Knowledge Yourself about Customer
B. Know Your Customer
C. Know Your Consumer
D. Know Your Counselor
E. None of these

Q4.Banks are adopting which of the following methods in order to Increase the finacila inclusion in the Indian economy ?
A. Internet Banking
B. Offshore Banking
C. Business Correspondent
D. Stimulus Package
E. None of these

Q5.Which UN specialized organization is charged with facilitating the exchange of weather and climate information ?
A. World Weather Union (WWU)
B. Weather Forecasting Organization (WFO)
C. World Meteorological Organization (WMO)
D. International Weather Union (IWU)
E. None of these

Q6.The category of schefuled banks include ?
A. Commercial banks
B. State co-operative banks
C. Regional Rural Banks
D. Only (1) and (3)
E. All (1) (2) and (3)

Q7. Britain's 4th largest bank 'BARCLAYS' will close how many brances in India?
A. 6
B. 9
C. 8
D. 2
E. None of these

Q8.Which of the following can be considered as a permanent address proof ?
A. Electricity bill
B. Identity card (subject to the bank's satisfaction
C. Telephone bill
D. Both (1) and (3)
E. None of these

Q9. The credit policy of a bank does not deal with?
A. Documentation standards
B. Outstanding balance in deposit account
C. Credit risk management
D. Renew and renewal advances
E. None of these

Q10.Which of the following agencies is associated with the business of insurance sector as a regulator ?
E. None of these

Q11. What is to be called to the formal system of making trade agreements with the groups of countries?
A. Trading block
B. Trade ventures
C. Trade partners
D. Trade organiations
E. None of these

Q12.For which of the following reasons, the government intends that the RBI should observe strictly the judicious standard for NBFC ?
A. It is per needs of Basel-I or II
B. To lessen the current funds in the market
C. It is in accordance with the instruction of the Bank of International Settiement (BIS)
D. To save NBFCs with effects of the probable economic recession
E. None of these

Q13.Federal Reserve is a central bank of ?
A. India
B. Japan
C. China
D. America
E. None of these

Q14.Which of the following is a foreign bank ?
A. HDFC Bank
C. Yes Bank
D. Standard Chartered Bank
E. Syndicate Bank

Q15.The first Indian bank to open branch outside India in London in 1946 ?
A. Bank of Baroda
B. Central Bank of India
C. State Bank of India
D. Bank of India
E. None of these

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