Banking Awareness MCQ-33

Banking Aptitude test SBI PO mains,IBPS cwe Clerk,Bank Exams,RRB

Which type of risk arises before a bank that trades in government securities?

[A] Liquidity risk
[B] Market risk
[C] Credit risk
[D] Trade risk
[E] None of the above

Which among the following is the first universal bank of India?

[B] Axis Bank
[D] Federal Bank
[E] None of these

“Disguised unemployment” Denotes:

[A] a situation where workers are disguised
[B] a situation where too many workers are doing a limited amount of work.
[C] a situation where workers are doing a limited amount of work
[D] None of the above
[E] None of these

Credit cards are cards which are also known as_

[A] Plastic cards
[B] Card money
[C] Plastic cards fall of money
[D] All of the above
[E] None of these

The term “Bancassurance” means __

[A] Assurance of quality services by the Bank
[B] Selling of Insurance products by Banks
[C] Selling of Third party Mutual Funds Products
[D] Selling of Add-on Banking Services
[E] Selling of Credit Cards

Which of the following would fall under the category of retail banking?

[A] Home Loans
[B] Credit Cards
[C] Personal Loans
[D] Car Loans
[E] AllĀ«f these

The Reserve Bank of India imposed fine on which of the following private sector banks for violation of KYC (Know Your Customer) norms in June 2013?

[A] Axis Bank
[B] HDFC Bank
[C] ICICI Bank
[D] Both 1 and 2
[E] All 1,2 and 3

Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?

[A] ING Vysya Bank
[B] Karur Vysya Bank
[C] Lakshmi Vilas Bank
[D] Jammu and Kashmir Bank
[E] Other than the given options

DEPB (Duty Entitled Passbook) scheme which ended in September 2011 was related to-

[A] Foreign direct investment
[B] Foreign institutional investment
[C] Export promotion
[D] Import substitution
[E] None of the above

Which of the following is the full form of the term SLR as used in the banking sector?

[A] Social Lending Ratio
[B] Statutory Liquidity Ratio
[C] Scheduled Liquidity Rate
[D] Separate Lending Rate
[E] None of these

account is opened by the investor while registering with an investment broker.

[A] Fixed Deposit Account
[B] Savings Bank Account
[C] Recurring Account
[D] De-materialized Account
[E] None of these

Which of the following conditions are required to be fulfilled by a Regional Rural Bank to be eligible for opening of new branches ?

[A] It should not have defaulted in maintenance of SLR and CRR during the last two years
[B] Its net worth should show improvement and its net NPA ratio should not exceed 8 per cent
[C] It should be making operational profits
[D] Only (1) and (2)
[E] All of the above

Smart Money’ is a term used for

[A] Internet Banking
[B] Credit Card
[C] Mobile Apps
[D] Demand Drafts of Banks
[E] None of these

Islamic Development Bank located in which country?

[A] Qatar
[B] Saudi Arabia
[C] Yemen
[D] Iraq
[E] Oman

On the current account balances maintained by the Regional Rural Banks with them, the commercial banks may

[A] Pay interest up to 9 per cent
[B] Pay interest at such rate as may be mutually agreed to
[C] Pay interest as applicable to savings accounts
[D] Waive incidental charges
[E] All of the above