Banking Awareness Exam

Which Bank is planning to waive 12 EMIs on regular repayments of loan up to 30 Lakh ?

1 Mark(s)

ICICI Bank
Axis Bank
Kotak Mahindra Bank
HDFC Bank

UTI stands for which of the following ?

1 Mark(s)

Union Trust of India
Uniform Trust of India
Unit Trust of India
United Trust of India

Credit Cards are known as which of the following ?

1 Mark(s)

Easy Money
Hard Money
Soft Money
Plastic Money

Which of the following statements is/are true about Banking Ombudsman ?

1 Mark(s)

It is a Collateral Judicial Authority
It is a Quasi Judicial Authority
It is a Bi-Lateral Judicial Authority
All of these

Which bank recently has decided to block all Maestro Debit Cards for security based reasons ?

1 Mark(s)

Punjab And Sind Bank
Punjab National Bank
Union Bank
Dena Bank

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

1 Mark(s)

Dena Bank
Punjab National Bank
Vijaya Bank
State Bank of India

Which of the following can be called as a non-institutional lender ?

1 Mark(s)

Small Banks
Grameen Banks
Money Lenders
Credit Cooperative Socities

How much GST will be applicable for the purchase of Gold?

1 Mark(s)

0.05
0.03
0.02
0.04

Which of the following terms signifies the difference between the import and export of a country ?

1 Mark(s)

Balance of payment
Trade Sheet
Credit Balance
Balance of Trade

Which of the following statements is/are true about the Cyber Audit planned by RBI ?

1 Mark(s)

The new Cyber Audit will be applicable for all banks
The banks not having the security measures as per RBI standards will have to comply within certain time
It will initiate action against the banks which will not have the essential security measures even after warning
All of these

Which kind of banking offered by the banks which generally provides incentives for employees at a company ?

1 Mark(s)

Narrow Banking
Branch Banking
Investment Banking
Group Banking

IBC stands for which of the following ?

1 Mark(s)

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

IDF stands for which of the following ?

1 Mark(s)

Interest Debt Fund
Institution Debt Fund
Investment Debt Fund
Infrastructure Debt Fund

Which of the following steps has taken by the RBI to tackle bad loans?

1 Mark(s)

It proposes to include some members to constitute requisite benches
It works on a framework to facilitate consistent decision making in bankruptcy
It reconstitutes an Oversight Committee to operate banking ordinance
All of these

In which year Private Sector Mutual Funds were permitted ?

1 Mark(s)

1988
1981
1992
1993

Fiscal policy is related with which of the following?

1 Mark(s)

Public Revenue and Expenditure
Education for All
Import and Export
Issue of Currency

The reform initiative DBT scheme stands for which of the following ?

1 Mark(s)

Debit Benefit Transfer Scheme
Direct Benefit Transfer Scheme
Department Benefit Transfer Scheme
Dynamic Benefit Transfer Scheme

Credit History of the Borrower is provided by which Organization ?

1 Mark(s)

SEBI
IRDA
FRBI
CIBIL

Punjab National Bank was first established in which city ?

1 Mark(s)

Amritsar
Jalandhar
Lahore
Ludhiana

Which of the following is a banking term ?

1 Mark(s)

Zero Hour
Sedimentary
Output Devices
None of these

Indus OS has joined hand with which of the following banks for launching the "OS- integrated UPI payment platform" in India ?

1 Mark(s)

ICICI Bank
Axis Bank
Yes Bank
HDFC Bank

In which city, RBI does not have a regional office?

1 Mark(s)

Panaji
Kolkata
Shimla
Kota

What is the motto of Marginal Standing Facility introduced by RBI ?

1 Mark(s)

Controls Bad Debt
Controls Inflation
Controls Deflation
Contains instability in the overnight inter-bank rates

CRR stands for which of the following?

1 Mark(s)

Credit Reserve Ratio
Credit Reverse Ratio
Cash Reserve Ratio
Cash Reverse Ratio

How many associate Banks do SBI has ?

1 Mark(s)

6
4
5
3

NHB is the Apex Bank for which of the following ?

1 Mark(s)

Investments
Housing
Finance
Insurance

Which of the following is not a classification of Scheduled Banks ?

1 Mark(s)

SBI
Nationalized Banks
RRB
All of these

The head office of Vijaya Bank is situated in which city ?

1 Mark(s)

Mumbai
Pune
Bengaluru
Chennai

The Banking Ombudsman can summon which of the following ?

1 Mark(s)

Bank
Customer
Local Government
Both (A) and (B)

Which of the following refers to the flow of funds from one country to another to earn a short-term profit ?

1 Mark(s)

Hot Money
Soft Currency
Hard Currency
Cheap Money

Banking Awareness Exam : Question 1 of 30