Banking Awareness Exam

A savings bank account opened with a zero balance of minimum balance is known as which of the following ?

1 Mark(s)

No frill account
Current Account
Call Deposit
Savings-bank ordinary account

Which of the following statements is/are true about Scheduled Bank ?

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It is an institution which is notified by GOI
It is a company defined by companies act, 2013
It is a corporation or company incorporated by the law in force in India
All of these

What is the Floating Rate ?

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Repo Rate
Reverse Repo Rate
The Rate of Interest provided by the Bank to another Bank
Rate of interest that changes with change in market rate

Which of the following denotes the ratio between cash in hand and total assets maintained by the bank ?

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SBR
SLR
CBR
CLR

SBI Credit Cards are integrated with of the following ?

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PayPal
Samsung Pay
Paytm
Digi Pay

What is SIDBI?

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Software Industries Development Bank of India
State Industries Development Bank of India
Small Industries Development Bank of India
Steel Industries Development Bank of India

Which of the following statements is/are true about inbsolvency?

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It can cause bankruptcy
A company is declared as insolvent when they are unable to pay their debits back on time
A person, who is insolvent, can take certain steps towards a resolution
All of these

PARA stands for which of the following?

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Private Sector Asset Rehabilitation Agency
Public Associated Rehabilitation Agency
Public Sector Asset Rehabilitation Agency
Private Acquired Rehabilitation Agency

SBI has entered in a joint venture with which of the following for undertaking general insurance business?

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LIC, India
New India Assurance Ltd
Insurance Australlia Group
Allianz

Who is appointed as the head of the Supervision Department ?

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Vikash Singh
Akash Sharma
S S Mundra
None of these

In which city the Sahara India Life Insurance is based ?

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Lucknow
Kolkata
Pune
New Delhi

Who is the CEO of HDFC Bank ?

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Urjit Patel
R. Subramaniakumar
Aditya Puri
Animesh Chauhan

Which of the following banks has launched a digital village initiative in Nepal ?

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Dena Bank
Punjab National Bank
Vijaya Bank
State Bank of India

NAV stands for which of the following ?

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Net Average Value
Net Actual Value
Net Asset Value
Net Access Value

Who has introduced the bill to facilitate SBI merger Bill with its subsidiary banks ?

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Narendra Modi
Arun Jaitley
Urjit Patel
Arundhuti Bhattacharya

In which year Indian Overseas Bank is Nationalized ?

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1968
1972
1964
1969

Which of the following is not a financial institution ?

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LIC
IDBI
SEBI
NATO

What do you mean by Gross Domestic Product ?

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Market value of all final goods and services within a country
Cost of production of all final goods and services within a country
Cost of services within a country in a year
Market value of all final goods and services within a country in a year

FICCI stands for which of the following ?

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Foundation of Indian Chambers of Commerce and Industry
Federation of Indian Committees of Commerce and Industry
Federation of Indian Chambers of Commerce and Investment
Federation of Indian Chambers of Commerce and Industry

Which one is the first bank to introduce robot in banking service ?

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HSBC
HDFC
ICICI
Axis Bank

Which of the following is a banking term ?

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Zero Hour
Sedimentary
Output Devices
None of these

What is the raised limit of Foreign Portfolio Investors(FPI) investment in Govt. Securities by the RBI ?

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0.023
0.047
0.035
0.061

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

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

What is mortgage?

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Security on the immovable property for a loan
Security on the movable property for a loan
Concession on the immovable property
Facility on the immovable property

LIBOR stands for which of the following ?

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Liberal Inter Bank Offered Rate
Liberal Inter Bank Official Ratio
London Inter Bank Official Ratio
London Inter Bank Offered Rate

What is/are the main aim of financial inclusion?

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To maintain a certain quantity of liquid assets with themselves at any point of time of their total time and demand liabilities
To control money supply in the economy
To provide basic banking services to all section of society in urban areas or rural areas at affordable cost
Only (A) and (B)

IBC stands for which of the following ?

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Insolvency and Banking Code
Insolvency and Bankruptcy Code
Intermediate Bankruptcy Code
Immediate Bankruptcy Code

Experience Next Generation Banking' is the tagline of which of the following banks ?

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Andhra Bank
UCO Bank
South Indian Bank
Vijaya Bank

Good people to grow with' is a tagline of which of the following banks ?

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Syndicate Bank
Punjab National Bank
Indian Overseas Bank
State Bank of India

What do mean by Mixed Economy?

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Co-Existence of Rich and Poor
Co-Existence of Public and Private Sectors
Co-Existence of agricultural and industrial Sectors
Co-Existence of Small and Large Industries

Banking Awareness Exam : Question 1 of 30