What's New?

SPEEDY Railway Book (English)

Banking & Financial Mini Quiz Practice Set

Banking & Financial Mini Quiz Practice Set

Banking & Financial Mini Quiz Practice Set

You must solve the Banking And Financial Awareness MCQ/ Quiz  from  Achiever's Rule on daily basis. This mock quiz set of banking knowledge is prepared as per the latest trend. The Banking Knowledge can help you to crack the upcoming IBPS, RBI, SBI Exams. 
Q1.Who is appointed as the interim Chairman of National Payments Corporation of India (NPCI) ?
A]Venketa Raju
B]B Sambamurthy
C]Vipin Kashyap
D]Bahubali V
E]None of them

Q2. How many languages are written on a ten Rupees note ?

Q3.ULIP stands for which of the following ?
A]Universal Loan Investment Plan
B]United Loaded Investment Plan
C]Unit Linked Insurance Plan
D]Unit Life Insurance Plan
E]None of these

Q4.What is the effect of devaluation of currency ?
A]Trade deficit
B]Increased amount of export and improvement in the balance of payment
C]Increased amount of export and import
D]Increased the import & deficiency of foreign reserve
E]All of these

Q5.Which of the following is not a characteristics of Fiat Money ?
A]It is created and issued by the state
B]It is in-convertible by law
C]Its value as a commodity is as great as its value as money
D]It is a legal tender
E]None of these

Q6.In which banking system where all operations are confined to a single office ?
A]Unit Banking
B]Branch Banking
C]Group Banking
D]Chain Banking
E]None of these

Q7.Which of the following is not an economic/financial term ?
B]Marginal Utility
C]Break Even Point
E]None of these

Q8.FIMMDA stands for which of the following ?
A]Fixed Income Measuring Money Dumping Association
B]Fined Income More Money Derivatives Authority
C]Fixed Initial Money Market Development Authority
D]Fixed Income Money Market and Derivatives Association
E]None of these

Q9.Which of the following organization pools money from investors & invests in stock, bonds, shares ?
B]Mutual Fund
D]Insurance company
E]None of these

Q10.Which of the following is not aim of Debt Management ?
A]Social Service fund
B]Stabilizing prices
C]Cost effective services
D]Proper timing & issuing of government bonds
E]None of these

Q11.What is the effect on credit creation if cash reserve is lowered by RBI ?
A]Decreased 10%
D]Increase 10%
E]None of these

Q12.In which place the bankers meet and settle the mutual claims and accounts ?
A]Clearing House
C]Dumping House
D]Collection Center
E]None of these

Q13.In which year the Unit Trust of India is established ?

Q14.What is the function of Capital Market ?
A]Long - term funds
B]Short - term funds
C]Gilt - edged securities
D]All of these
E]None of these

Q15."The world's local bank " is the tagline of which bank ?
A]Axis Bank
C]Yes Bank
D]Kotak Mahindra Bank
E]None of these

Join Your Competitor in FB Groups
Join Your Competitor in Telegram Groups
Study Materials and Important Notifications
Latest Govt. Schemes Monthly PDF Download
Newsletters Form

  • Comments
  • Google+
  • Disqus