Banking Awareness Exam

What do you mean by Net National Product of a country?

1 Mark(s)

GDP minus depreciation allowances
GNP plus depreciation allowances
GNP minus depreciation allowances
GDP plus depreciation allowances

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

1 Mark(s)

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

We Understand Your World' is the tagline of which of the ?

1 Mark(s)

Axis Bank
ICICI Bank
HDFC Bank
Andhra Bank

What is the amount SBI has planned to raise by allotting Basel-III compliant bonds to various investors?

1 Mark(s)

Rs. 2500 Crore
Rs. 2100 Crore
Rs. 2000 Crore
Rs. 3000 Crore

"Your Family Bank, Across India" is the tagline of which of the following Banks ?

1 Mark(s)

Karnataka Bank
Dena Bank
Vijaya Bank
Punjab And Sind Bank

Who governs the purchases of securities ?

1 Mark(s)

Transaction Tax
Securities Tax
Purchase Tax
Securities Transaction Tax

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 do you mean by Minimum Cash Reserve?

1 Mark(s)

It is a percentage of Capital in Bank
It is a percentage of reserves in Bank
It is a percentage of aggregate deposits of the bank
It is A percentage of aggregate loans and advances of the bank

The Banking Ombudsman can summon which of the following ?

1 Mark(s)

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

Which of the following statements is/are true about the APA scheme ?

1 Mark(s)

The Central Board of Direct Taxes has entered into the 9 unilateral Advanced Pricing Agreements(APA) scheme with the tax payers
It provides the certainty to the tax payers in transfer pricing domain by specifying the methods of pricing
It will initiate action against the banks which will not have the essential security measures even after warning
All of these

What is the recent Import Duty on Sugar decided by the Govt. to restrict cheap inward shipments and maintain domestic prices?

1 Mark(s)

0.4
0.3
0.5
0.6

The head Quarter of Punjab National Bank is situated in which city ?

1 Mark(s)

New Delhi
Chandigarh
Kolkata
Gurugram

Which of the following banks has launched the instant credit cards to enable the savings account customers to get a credit card easily ?

1 Mark(s)

ICICI Bank
Axis Bank
South Indian Bank
Dhanalaxmi Bank

Which of the following companies is the technology partner of RBI for launching e-Kuber ?

1 Mark(s)

Infosys
CTS
TCS
Polaris

In which city the head office of NABARD is situated?

1 Mark(s)

New Delhi
Lukhnow
Mumbai
Chennai

Which of the following has started the Merchant Banking Operation ?

1 Mark(s)

RBI
NABARD
SIDBI
SBI

FCNR stands for which of the following ?

1 Mark(s)

Foreign Currency Non-Repatriable
Foreign Currency Net-Repatriable
Foreign Currency Natural Repatriable
Freeze Currency Non-Repatriable

ADB stands for which of the following ?

1 Mark(s)

Asian Development Bank
American Development Bank
Australian Development Bank
African Development Bank

In which year SIDBI was established ?

1 Mark(s)

1989
1991
1992
1990

PSLC stands for which of the following ?

1 Mark(s)

Priority Sector Loan Certificates
Priority Sector Lower Credit
Priority Sector Lending Certificates
Priority Sector Large Credit

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

1 Mark(s)

Promissory Note
Negotiable Instruments
Reserve Fund
Cheque

Who is the Chairman and MD of SIDBI ?

1 Mark(s)

Asif Khan
Mohammad Mustafa
Suresh Bindra
Akhilesh Sinha

Which of the following banks does not sign agreement with EPFO regarding Provident fund related issues?

1 Mark(s)

Bank of Baroda
ICICI Bank
HDFC Bank
Bank of India

What is the maximum limit of SLR ?

1 Mark(s)

0.45
0.35
0.4
0.5

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

NHB stands for which of the following ?

1 Mark(s)

Nominal Housing Bank
Non-profit Housing Bank
Nationalized Housing Bank
National Housing Bank

Which Bank has launched the facility to get instant personal loan from the ATMs for the existing salaried customers?

1 Mark(s)

Axis Bank
ICICI Bank
HDFC Bank
Kotak Mahindra Bank

Which of the following statements is true about NHB ?

1 Mark(s)

It is a Public Limited Company
It is a Private Limited Company
It is a Limited Company
It is a Community Interest Company

Which of the following Banks Plans to set up 100 digital villages to promote Digital Banking?

1 Mark(s)

Dena Bank
Vijaya Bank
Oriental Bank of Commerce
NABARD

The rate, at which RBI lends money to commercial banks against securities when commercial banks has less funds for Short Term, is/are known as which of the following?

1 Mark(s)

Repo Rate
Repurchase Rate
Policy Rate
All of these

Banking Awareness Exam : Question 1 of 30