Wednesday, 15 June 2016

Banking and Financial Awareness for SBI / IBPS Exams




1. Which of the following organizations is known as a regulator associated with the financial activities in India?
ISRO
WHO
UNESCO
SEBI

2. Treasury bills are sold in India by?
Reserve Bank of India
State Governments
Commercial Banks
SEBI

3. As per the instructions given by the RBI, now all banks are required to provide which of the following in all it's branches mandatorily?
Note Sorting Machines
Special Counters for Senior Citizens
Service sector
All of the above

4. Which of the following terms is NOT used in the field of Banking & Finance?
Overdraft
Base Line
RTGS
CBS

5. Current Accounts cannot be freely opened by ………………….?
All NRIs
All businessmen
Government department
HUFs

6. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?
Bombay Stock Exchange (BSE)
Indian Bank’s Association (IBA)
Securities & Exchange Board of India (SEBI)
Reserve Bank of India (RBI)

7. Who amongst the following is the author of the book (released recently) “India and Global Financial Crisis : Managing Money and finance”?
Dr. Bimal Jalan
Dr. C. Rangarajan
Dr. Manmohan Singh
Dr. Y. V. Reddy

8. The Reserve Bank of India does not print currency notes of the denomination of Rs. …………….
20/-
50/-
3,000/-
1,000/-

9. Which of the following is considered as the financial capital of India?
New Delhi
Kolkata
Ahmedabad
None of the above

10. “Micro Credit” means? I. Loan of very small amount II. Loans to Corporate Sector III.Loans amounting Rs 50 lakhs to Rs 5 crores to Medium and small Industries Units
Only (I)
Only (II)
Only (I) and (II)
None of the above

               








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