Banking Awareness Exam

Which of the following bodies has introduced an online registration mechanism for the security custodians ?

1 Mark(s)

IRDA
RBI
NABARD
SEBI

The Power Grid of India has signed a pact with which of the following banks ?

1 Mark(s)

World Bank
Commonwealth Bank of Australia
Asian Development Bank
Asian Infrastructure Investment Bank

Which of the following taxes are bounded with GST ?

1 Mark(s)

Entry Tax
Luxury Tax
Food Tax
All of these

Which term is known as a fixed deposit receipt that is kept with the bank for its safety?

1 Mark(s)

Safe deposit
Valid Safe deposit
Safe custody
Locker

What do you mean by 'Flat Money' ?

1 Mark(s)

It is the currency backed by tangible assets
It is the currency backed by Government Guarantee
It is the currency backed by gold reserves
It is the currency backed by NPA

The head-office of Indian Overseas Bank is situated in which city?

1 Mark(s)

Chennai
Mumbai
New Delhi
Pune

In which place the first regional center of New Development Bank was opened ?

1 Mark(s)

New York
London
Johannesburg
Paris

Which of the following funds are dealt by the Capital Market of Indian Financial System ?

1 Mark(s)

Long-term Funds
Short-term Funds
Hedge Funds
Government Funds

Which of the following committees has recommended that one part of foreign exchange reserves must be used for the infrastructural development ?

1 Mark(s)

Mehta Committee
Rangarajan Committee
Rakesh Mohan Committee
Parekh Committee

Who is the Chairman of GST Council ?

1 Mark(s)

Prime Minister
President
Finance Minister
Governor General of India

Who is the CEO of HSBC Bank ?

1 Mark(s)

Maria Grey
Robert Smith
Stuart Gulliver
William Smith

Government securities deal with which of the following in primary and secondary markets ?

1 Mark(s)

Corporate Bonds
Primary Dealers
Secondary Dealers
Tertiary Dealers

Which Indian Finance Company has signed MoU with the Govt owned Vnesheconom Bank of Russia ?

1 Mark(s)

TATA Capital
Srei Infrastructure Finance
HGI Finance
HSBC Invest Direct (India) Ltd

NPCI stands for which of the following ?

1 Mark(s)

New Payments Corporation of India
National Payments Corporation of India
Nominal Payments Corporation of India
National Products Corporation of India

Which bank has launched the one-stop integrated website for the home buyers ?

1 Mark(s)

Dena Bank
Punjab National Bank
RBI
State Bank of India

Kelkar Committee is associated with which of the following ?

1 Mark(s)

De listing in Share market
Reformation of Company Law
Frame work of Insurance Sector
Tax Structure Reforms

Which of the following is associated to teaser rates ?

1 Mark(s)

Personal Loan
Home Loan
Auto Loan
Education Loan

What is/are true about IMF?

1 Mark(s)

It's headquarter is situated at Washington, D.C
It works to foster economic stability and global growth by providing policy, advice and financing to members
It negotiates conditions on lending and loans under their policy
All of these

Which of the following is not a feature of Paytm Payment Bank ?

1 Mark(s)

It accepts deposits upto 1 Lakh per customer in savings/ current account and wallet
It offers the services like Debit card, online banking and mobile banking
It offers the facility of online fund transfer to it's customer at free of cost
It will be allowed to lend to customers

What is the function of Acid-test ratio ?

1 Mark(s)

It counts the amount of loan
It measures business liquidity
It regulates the interest rates of Bank
It gives decision regarding NPA

In which year Indian Overseas Bank is Nationalized ?

1 Mark(s)

1968
1972
1964
1969

Q222.'You can bank always on us' is the tagline of which bank ?

1 Mark(s)

State bank of Hyderabad
State bank of Mysore
State bank of India
State bank of Bikaner and Jaipur

Which of the following bank was known as Imperial Bank of India before Nationalization ?

1 Mark(s)

United Bank of India
Dena Bank
Punjab National Bank
State Bank of India

MCLR stands for which of the following ?

1 Mark(s)

Maximum Cost of Funds based Lending Rate
Maintenance Cost of Funds based Lending Rate
Minimum Cost of Funds based Lending Rate
Marginal Cost of Funds based Lending Rate

Which of the following statements is/are the feature(s) of Aaykar Setu initiative launched by Ministry of Finance ?

1 Mark(s)

Finance Minister has launched the initiative
It is an e-initiative for income tax department to link with the tax payers
It must provide information on useful tax services
All of these

Which of the following can be called as an inter-bank application ?

1 Mark(s)

Transactions of Government
Automatic Clearing House
Delivery Vs Payment
RTGS

Who regulates the insurance sector of India ?

1 Mark(s)

AMFI
IRDA
RBI
SEBI

Which of the following is not an advantage of Bitcoins?

1 Mark(s)

It can not be stolen
No transaction cost is required
No central Bank has authorized Bitcoin
It can not be tracked

Who is appointed as the MD and CEO of IFCI(Industrial Finance Corporation of India) ?

1 Mark(s)

Raghuram Swami
E Shankara Rao
Vijay Prakash
Balbir Sindhu

Section 13 of Negotiable Instruments Act 1881 deals with which of the following ?

1 Mark(s)

Promissory Note
Negotiable Instruments
Reserve Fund
Cheque

Banking Awareness Exam : Question 1 of 30