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Daily Banking & Financial Awareness Quiz

Daily Banking & Financial Awareness Quiz

Banking & Financial Quiz - Quiz 34

You should practice the Banking And Financial Awareness MCQ/ Quiz  which are available on  Achiever's Rule. The Banking Articles,  Daily Current Affairs Update, Current Affairs Articles can be beneficial for your preparation for the upcoming IBPS, RBI, SBI Exams. You must download the available PDFs.
Q1.What is the meaning of the term "underwriting" in financial sector ?
A]Providing guarantee that a loan must not be the bad loan
B]Under valuation of assets
C]Act of taking on risk
D]None of these
E]All of these


Q2.What is the single largest component of the external debt ?
A]Multilateral Debt
B]Commercial Borrowing
C]Short Term Debt
D]NRI deposits
E]None of these

Q3.Which of the following is not decided by the RBI ?
A]Repo Rate
B]Reverse Repo Rate
C]Base Rate
D]Bank Rate
E]MSF Rate

Q4.Which banks are known as the Public Sector Banks ?
A]30% stakes are hold by the Govt.
B]50% stakes are hold by the Govt.
C]Less than 50% stakes are hold by the Govt.
D]More than 50% stakes are hold by the Govt.
E]None of these

Q5.Which of the following Banks are not considered as Commercial Banks ?
A]Foreign Bank
B]Private Sectors Bank
C]Development Bank
D]Public Sector Bank
E]None of these

Q6.Which of the following are the Development Banks of India ?
A]SFCs
B]IFCI
C]RBI
D]SIDBI
E]None of these

Q7.Who is the Chairman of Syndicate Bank ?
A]Kamal Singh
B]Ajay Vipin Nanavati
C]Vikash Parekh
D]Suresh Khanna
E]None of them

Q8.Which is/are the Money Market Instruments ?
A]T-Bills
B]Call Money
C]Collateralized Borrowing and Lending Obligations
D]All of these
E]None of these

Q9.Which of the following banks has launched the All-In-One DigiPoS machines ?
A]SBI
B]HDFC Bank
C]Dena Bank
D]Axis Bank
E]ICICI Bank

Q10.Which of the following estimates the National Income in India ?
A]GOI
B]Finance Commission
C]Central Statistical Organization
D]Planning Commission
E]NITI Aayog

Q11.In which of the following organizations an average citizen can not open savings account ?
A]Post Office
B]Commercial Banks
C]Co-Operative Banks
D]RBI
E]All of these

Q12."Taking Banking Technology to Common Man" is the tagline of which bank ?
A]SBI
B]Dena Bank
C]Indian Bank
D]UCO Bank
E]None of these

Q13.Which of instrument can be issued by any corporate ?
A]Commercial Papers
B]Certificate of Deposits
C]Gilt-edged securities
D]Inter-Corporate Deposits
E]None of these

Q14.Which of the following is the first Indian Bank ?
A]Allahabad Bank
B]Punjab National Bank
C]SBI
D]United Bank of India
E]None of these

Q15.In which year the Calcutta Stock Exchange was established ?
A]1907
B]1909
C]1906
D]1908
E]1910

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