Banking and Financial Awareness - Part 26

Daily Banking and Financial Awareness Quiz - Part 26

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.'Agha Khan Cup' is associated with the game of ?
A. Cricket
B. Football
C. Lawn tennis
D. Golf
E. Hockey

Q2.Scheduled bank is a bank which ?
A. Nationalized
B. Not Nationalized
C. Based in a foreign country
D. Included in the Second Schedule of RBI
E. None of these

Q3.NEFT stands for ?
A. National Electric Fund Time
B. National Electronic Fund Transfer
C. Nifty Electronic Forex Transfer
D. National Electronic Funds Transfer None of these
E. None of these

Q4. Which one of the following is not a sallent feature of debit card?
A. No bad debts to banks and no suits for recovery
B. No interest earning for banks
C. Works like a normal withdrawal
D. 45 days credit is given to the card holder
E. All of the above

Q5. Which among the following is the industrial Development Bank of India?
A. DICGCI
B. UTI
C. IDBI
D. EXIM bank
E. None of these

Q6.Bank in their daily business face various kinds of risks, which of the following is one of the major risks ?
A. Customer Risk
B. Goodwill Risk
C. Reputation Risk
D. Protection Risk
E. Operational Risk

Q7. Which of the following section defines offence of money laundering?
A. Section 3
B. Section 14
C. Section 7
D. Section 4
E. None of these

Q8.Who is the author of the book "Pax Indica Indca India and the World of 21st Century ?
A. Shashi Tharoor
B. Anjana Appachana
C. Alexender Nehamas
D. Amitav Ghosh
E. None of these

Q9. National Saving Certificate matures at the end of ?
A. Six years
B. Three years
C. Six and half years
D. Five years
E. Five and half years

Q10.Pritzker Prize is often known as Nobel Prize in the field of ?
A. Chemistry
B. Physics
C. Architecture
D. Literature
E. None of these

Q11.Which of the following is not included in the agency service which are rendered by commercial banks ?
A. Collection and payment of cheque and bills on behalf of the customers
B. Purchase and sale of shares and securities on behalf of customers
C. Acting as a trustee or executor
D. Issuing letters of credit and travellers cheques
E. None of these

Q12.Which of the following is not a basic approach to measure GDP ?
A. Expenditure approach
B. Income approach
C. Value based approach
D. Investment approach
E. None of these

Q13.Which of the following is not a lending money market institution ?
A. SEBI
B. Development financial institutions
C. PSUs
D. Private sector organizations
E. Banks

Q14.We all know that retall banking is characterized by multiple products, multiple delivery channels and multiple customer segments, which of the following is the products of retail banking is India ?
A. Deposit products such as filexi deposits
B. Loan products such as housing auto education and personal loans
C. Card products such as credit cards
D. All of the above
E. None of the above

Q15.With which game colombo cup is associated ?
A. Gof
B. Cricket
C. Football
D. Lawn tennis
E. None of these