Banking Awareness Quiz for Bank Exams - 38

Usefull For All Bank Exams - SBI, IBPS, NICL, LIC

Q1.The rates charged by Reserve Bank on its advances to banks are treated as ?

A. CRR

B. Repo rate

C. Bank rate

D. Reserve rapo rate

E. None of these

Q2.Which of the following country is considered to be the originator of the concept of micro finance ?

A. India

B. Bangladesh

C. Australia

D. England

E. None of these

Q3.What is the full form of CCPA ?

A. Cabinet Committee on Political Affairs

B. Congress Core Personal Association

C. Cabinet Council of Publick Affairs

D. Cabinet Core Presonal Authority

E. None of these

Q4.Value added services mean ?

A. Dear products

B. Products in a large number

C. Additional services

D. No any additional service

E. None of these

Q5. Where is the central office of Asian Development Bank?

A. Tokyo

B. Manila

C. London

D. Dhaka

E. None of these

Q6.In the context of banking system, what does productivity means ?

A. Production of service

B. Business per employee

C. Quality of customer service

D. Both (1) and (2)

E. None of these

Q7.What is an offshore banking ?

A. It is a bank located in the sea

B. It is a bank located in SEZ

C. It is a bank located in a neighbouring country

D. It is a bank located outside the country of residence of the depositor

E. None of these 

Q8.Which of the following best explains e-governance ?

A. Imposing the functioning of government

B. Teaching government employees the basics of computing

C. Delivery of public services through Internet

D. Framing of cyber laws of chatting on internet

E. Convergence of e-mail and video conferencing

Q9.Export import Bank of India (EXIM) is a finance institution established in 1982 Which of following governs this Institution ?

A. RBI

B. NHB

C. Government of India

D. Both 1 and 2

E. Both 1 and 3

Q10. Expand SIDO?

A. Small Industries Development Office

B. State Industrial Development Organization

C. Sick Industries Development Organization

D. Small Industries Development Organization

E. None of these

Q11.The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form ?

A. RBI

B. Imperial Bank of India

C. Bank of India

D. Union Bank of India

E. None of these

Q12.Which sister organization of the World Bank helps private activities in developing countries by financial projects with long term capital in the form of equity and share ?

A. Asian Development Association

B. International Developemnt Association

C. International Finance Corporation

D. IMF

E. World Bank

Q13.The state financial corporation in India has given assistance mainly to develop ?

A. Agricultural firms

B. Cottage industry

C. Large-scale industry

D. Medium and small scale industry

E. None of these

Q14.Which bank sponsored the first regional rural bank in india by the name, Prathma Grameen Bank ?

A. SBI

B. Syndicate Bank

C. RBI

D. Axix Bank

E. PNB

Q15.Which of the following is the core method of stabilizing the markets under the Market Stabilization Scheme (MSS) ?

A. Purchasing treasurey bills and/or dated securities

B. Issuing treasury bills and.or dated securities

C. Conducting open market operation 

D. All of these

E. None of these