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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

Solve the Banking And Financial Awareness MCQ/ Quiz  from  Achiever's Rule regularly. This mock quiz set of banking perfectly matches with the latest trend. The Banking Knowledge definitely  help you to crack the upcoming IBPS, RBI, SBI Exams. 
Q1.Which of the following banks has launched "SME assist" to provide the short term capital demand loan to the MSME clients ?
A]Dena Bank
B]Standard Chartered Bank
C]State Bank of India
D]Syndicate Bank
E]Indian Overseas Bank

Q2.SEBI has signed a MoU with which of the following for mutual cooperation and technical assistance ?
A]Financial Service Commission, Norway
B]Financial Service Commission, Scotland
C]Financial Service Commission, UK
D]Financial Service Commission, Gibraltor
E]None of these

Q3.Which bank is going to set up largest innovation center in Navi Mumbai?
A]HSBC Bank
B]State Bank of India
C]Vijaya Bank
D]Corporation Bank
E]Dena Bank

Q4.The International Digital Payments company VISA has tied up with which state Government ?
A]Arunachal Pradesh
B]Assam
C]Orissa
D]Andhra Pradesh
E]Tamilnadu

Q5.In which city of India the Standard Chartered Bank opened its Global Business Services center ?
A]Allahabad
B]Bengaluru
C]Kolkata
D]Pune
E]Guwahati

Q6.IASB stands for which of the following ?
A]Indian Accounting Standards Boards
B]Indian accounts Standards Board
C]International Accounting Standards Board
D]Internal Accounting Standards Bureau
E]None of these

Q7.Which of the following is not a Direct Tax ?
A]Sales Tax
B]Estate Duty
C]Wealth Tax
D]Corporation Tax
E]None of these

Q8.Which schedule of Indian Constitutions deals with Banking ?
A]5th
B]6th
C]7th
D]8th
E]None of these

Q9.What is the function of Teller systems in the Banks ?
A]To improve public relations
B]To create more jobs
C]To slash down the waiting time for encasing cheques
D]To eliminate the duplication of work
E]None of these

Q10.Which of the following organizations issues ULIP ?
A]NABARD
B]Insurance Companies
C]Banks
D]RBI
E]None of these

Q11.Which of the following is not a banking term ?
A]Commodification
B]Provision Coverage Ratio
C]Securitization
D]Consolidation
E]None of these

Q12.Which of the following is involved in a Mortgage ?
A]Transfer of possession
B]Transfer of ownership
C]Transfer of Interest
D]All of these
E]None of these

Q13.Which of the following refers to the Primary deficit ?
A]Budget Deficit minus Interest Payments
B]Fiscal Deficit minus Interest Payments
C]Deficit Financing by 91 -day ad hoc treasury bills
D]Monetary Deficit minus Interest Payments
E]None of these

Q14.The interest rate is linked to which of the following in case of NRE account ?
A]Bank
B]LIBOR
C]RBI
D]PLR
E]None of these

Q15.Who is the chairman of Andhra Bank ?
A]Yogesh Kumar
B]Srikant Khanna
C]Suresh N Patel
D]Venkat S
E]None of them

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