Tuesday, 15 November 2016

Banking Awareness for IBPS PO 2016

Banking-&-Financial-Awareness-Quiz-for-IBPS-Exams


Q1. RRBs is established in _________.
(a) 5 Oct 1936
(b) 7 Oct 1935
(c) 4 Oct 1965
(d) 2 Oct 1975
(e) None of the above

Q2. Which of the following is NOT a part of India’s Money Market?
(a) Treasury Bills
(b) Call Money 
(c) Certificates of deposit
(d) Share
(e) None of the above

Q3. Which of the following services is NOT provided by the post offices in India?
(a) Savings Bank Scheme 
(b) Retailing of Mutual Funds
(c) Sale of Stamp Papers
(d) Issuance of Demand Drafts
(e) None of the above

Q4. Which of the following is/are the measure(s) taken by the Reserve Bank of India (RBI) to ease the liquidity crunch in the country?
(A) Cut in Cash Reserve Ratio and Statutory Liquidity Ratio.
(B) Increase the flow of foreign direct investment in country. 
(C) Supply of additional currency notes in the market.
(a) Only (A)
(b) Only (B)
(c) Only (C) 
(d) All of the above
(e) None of the above

Q5. Which of the following is NOT a Govt. sponsored organization?
(a) SIDBI
(b) NABARD
(c) NHB
(d) ICICI Bank
(e) None of the above

Q6. Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance?
(a) 5%
(b) 7%
(c) 40%
(d) 15%
(e) None of the above

Q7. Which of the following is/are correct about the ‘Operational Risk’ as used in the field of banking?
A. Risk of loss due to inadequate or failed internal process.
B. Risk of loss due to natural calamities.
C. Loss occurred due to non compliance of legal procedures.
(a) Only A
(b) Only B
(c) Only C
(d) All of the above
(e) None of the above

Q8. SBI establishment day is celebrated on __________
(a) 3rd July
(b) 4th July
(c) 1st July
(d) 2nd July
(e) None of the above

Q9. CRISIL is a __________.
(a) Mutual Fund
(b) Credit Rating Agency
(c) Investment Bank
(d) Share Depository
(e) None of the above

Q10. Money laundering is related to __________
(a) To reduce the number of families which lives below poverty line
(b) To reduce the NPA of Banks
(c) To reduce the Black Money
(d) The reduce the unemployment rate
(e) None of the above

Q11. Bank Rate is __________
(a) Rate at which commercial banks borrow long term funds from central Bank.
(b) Rate at which commercial banks borrow short term funds from central Bank.
(c) Currently Bank rate is 6.75%
(d) Both (a) and (c)
(e) None of the above

Q12. In which year Public Debt Act was passed?
(a) 1938
(b) 1940
(c) 1944
(d) 1948
(e) None of the above

Q13. FRBM Act is __________
(a) Finance Act
(b) Fiscal Responsibility and Budget Management Act
(c) Banking Companies Act
(d) Both (a) and (b)
(e) None of the above

Q14. Which day is celebrated as the Banks Nationalization Day?
(a) 19 July
(b) 1 August
(c) 1 June
(d) 1 September
(e) None of the above

Q15. Which of the following organizations releases “World Economic Outlook” Report?
(a) Asian Development Bank
(b) World Bank
(c) International Monetary Fund
(d) World Trade Organisation
(e) None of the above


 









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