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Banking Awareness Quiz For IBPS Mains Exams

Banking Awareness Quiz For IBPS Mains Exams

Banking Awareness Quiz For IBPS Mains Exams

You should practice the Banking And Financial Awareness MCQ/ Quiz regularly. This mock quiz set of banking perfectly matches with the latest trend. It definitely  help you to crack the upcoming IBPS, RBI, SBI Exams. 
Q1.Which of the following banks has partnered with the International Financial Center of Abu Dhabi ?
B]Yes Bank
D]Axis Bank

Q2.Which bank has launched the Bilingual App to digitize the banking services related to customer care ?
A]United Bank of India
B]UCO Bank
C]Union Bank of India
D]Andhra Bank
E]Punjab National Bank

Q3.Which of the following refers to a closed economy ?
A]Only exports takes place in it.
B]The deficit financing takes place in it.
C]In it neither exports nor imports takes place
D]The money supply is full in it.
E]None of these

Q4.Which of the following will happen if RBI adopts the expansionist open market operations policy ?
A]RBI would sell securities in open  market.
B]RBI would announce to the market that it intends to expand credit.
C]RBI would buy the securities from non- government holders.
D]RBI would offer the commercial banks more credit in open market.
E]None of these

Q5.Due to which of the following Parallel Economy emerges ?
A]Tax Evasion
B]Tax Avoidance
C]Tax Compliance
D]Tax Estimation
E]None of these

Q6.Which type of note issue system is followed in India ?
A]Fixed Fiduciary System
B]Minimum Fiduciary System
C]Proportional Fiduciary System
D]Minimum Reserve System
E]None of these

Q7.Which of the following is known as the Tax on import or Export ?
A]Trade Tax
B]Income Tax
C]Excise Duty
D]Custom Duty
E]None of these

Q8.Which set of revenue sources belong only to the Central Government ?
A]Sales Tax, Income Tax
B]Customs Duties, Corporation Tax
C]Gift Tax, Holding Tax
D]Wealth Tax, Land Revenue
E]None of these

Q9.Which of the following is associated with the Index "Residex" ?
A]Land Prices
B]Share Prices
C]Mutual Fund Prices
D]Prices Inflation Index
E]None of these

Q10.The Dolex Indicator is related with which of the financial markets ?
C]New York
D]Hong Kong

Q11.Currency Chest is related to which of the following ?
E]None of these

Q12.Which RBI-decided rate of the following is known as the "Policy Rate" ?
A]Deposit Rate
B]Lending Rate
C]Cash Reserve Ratio
D]Bank Rate
E]None of these

Q13.Which is not a component of the foreign aid of one country ?
A]Loans from international financial institutions
B]Bilateral grant
C]Multilateral grant
D]Commercial borrowing
E]None of these

Q14. Which type of cheque cannot be issued by an individual ?
A]Order Cheque
B]Bearer cheque
C]Savings cheque
D]Crossed cheque
E]None of these

Q15.Which Indian city does not have a Stock Exchange ?
E]None of this

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