Banking Awareness Quiz For RBI And SBI Exams

Banking Awareness Quiz For RBI And SBI Exams

Q1. Which among the following is not the indirect instrument in the formulation and implementation of monetary policy ?
A. Liquidity adjustment facility
B. Repo/Reserve Repo Rate
C. Open Market Operation
D. Statutory Liquidity Ratio



Q2. What is the rate called at which the Reserve Bank is ready to buy or rediscount bills of Exchange or other Commercial papers ?
A. BPLR
B. Bank Rate
C. Repo Rate
D. Base Rate

Q3. Which of the following is the name of highest authority in India for indirect taxes ?
A. CCEA
B. CBEC
C. CBSE
D. CBDT

Q4. Commercial loans availed from non-resident lenders with minimum average maturity of 3 years are ?
A. Demand Loss
B. External commercial borrowings
C. FCCB
D. Term Loan

Q5. The headquarters of WHO is situated in ?
A. Geneva
B. Washington
C. South Africa
D. Germany

Q6. The rate at which banks lend to RBI is known as ?
A. CRR
B. PLR
C. GIC
D. None of these

Q7. Which special scheme has been launched for the well being and overall empowerment of adolescent girls ?
A. Sabla
B. Ujjwala
C. Swadhar
D. Sarv-shiksha

Q8. As per the guidelines issued by the SEBI,the Permanent Account Number (PAN) is a must for which of the following ?
A. Demat Account
B. All savings bank accounts
C. All housing loan accounts
D. All current accounts

Q9. How can the condition of deflation be controlled ?
A. Expansion in interest rate
B. Credit expansion
C. Increasing imports
D. None of these

Q10. The need for merchant banking was launched by the banking commission in ?
A. 1972
B. 1978
C. 1998
D. 2001

Q11. National Disaster Responce Force and Civil Defense comes under which ministry ?
A. Ministry of Home Affairs
B. Ministry of Defense
C. Ministry of External Affairs
D. None of these

Q12. Which of the following statement is true about charge card ?
A. The charge card is a credit instrument
B. Under this facility, the cardholders need purchase amount within ten installment
C. Cardholder has to pay the 100% of the purchase amount within 30 days of purchase
D. None of these

Q13. Which of the following is not augmented feature of a credit card ?
A. Personal accident insurance
B. Cash withdrawals
C. Add-on facility
D. Issue of deferred guarantee

Q14. Which of the following is not a direct tax ?
A. Corporation tax
B. Income tax
C. Wealth tax
D. Service tax

Q15. National Technology Day is celebrated on ?
A. May 11
B. May 24
C. June 26
D. April 13