Tuesday, 6 June 2017

Banking Awareness Questions for RBI Grade-B Phase-1 Exam

Dear Readers,

Banking-Awareness-Questions-for-RBI-Grade-B-Phase-1-Exam

Just a few days are left for RBI Grade-B Phase-1 Exam. It is time to pace up your preparation of Banking Awareness for RBI Grade-B Officers. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. A centralised database with online connectivity to branches and Internet as well as ATM Network which has been adopted by almost all major banks of our country is known as_________
(a) Investment Baking
(b) Mobile Banking
(c) Specialised Banking
(d) Core Banking Solution
(e) None of the given options is true

Q2. Which of the following is the purpose of introducing “Know Your Customer” norms by the banks?
(a) Identifying people who do not pay Income Tax
(b) To bring more and more people under the banking net
(c) To ensure that the money deposited in banks has come from genuine sources
(d) All of the Above
(e) None of the given options is true

Q3. Security Printing and Minting Corporation of India (SPMCIL) Limited was incorporated under the Companies Act, 1956 with its corporate office at-
(a) Mumbai
(b) Kolkata
(c) Bangalore
(d) New Delhi
(e) Nasik

Q4. Security Paper Mill (SPM) was formally inaugurated and dedicated to the nation on the 9th March, __________ by the then Deputy Prime Minister, Shri Morarji Desai.
(a) 1956
(b) 1968
(c) 1949
(d) 1962
(e) 1971

Q5. What is Gross Domestic Product (GDP)?
(a) It is the market value of all final goods and services made in the country.
(b) It is the Cost production of all final goods and services made in the country.
(c) It is the Cost services of all final goods and services made in the country.
(d) It is the market value of all final goods and services made within the borders of a country in a year.
(e) None of the given options is true

Q6. Security Paper Mill (SPM) located at-
(a) Mumbai
(b) Kolkata
(c) Bangaluru
(d) Hoshangabad
(e) New Delhi

Q7. What is the meaning of Mixed economy?
(a) Co-existence of small and large industries
(b) Co-existence of public and private industries
(c) Co-existence of the rich and poor
(d) Promoting both agriculture and industries in the economy
(e) None of the given options is true

Q8. Security Printing and Minting Corporation of India Limited (SPMCIL) was formed after corporatisation of nine units including four mints, four presses and one paper mill which were earlier functioning under the Ministry of Finance. The Company was incorporated on-
(a) 13th January 2006
(b) 01st April 2002
(c) 18th March 2004
(d) 02nd October 2008
(e) 15th September 1960

Q9. India Infrastructure Finance Company Limited (IIFCL) is a wholly-owned _____________ company set up in 2006.
(a) Small Industries Development Bank of India (SIDBI)
(b) Finance Ministry (FM)
(c) Securities and Exchange Board of India (SEBI) 
(d) Reserve Bank of India (RBI)
(e) Government of India (GOI)

Q10. _________ are the market operations conducted by the RBI with an objective to adjust the rupee liquidity conditions in the market on a durable basis.
(a) Open Market Operations (OMOs)
(b) Capital Market Operations
(c) When Issued Market
(d) All of the Above
(e) Monetary Policy

Q11. Which Act was framed specially to deal with Non Performing Assets(NPA)?
(a) Banking Regulation Act 1949
(b) Foreign Exchange Management Act (FEMA) 1999
(c) Industrial Disputes Act 1947
(d) SARFAESI Act, 2002
(e) None of the given options is true

Q12.  In Notice Money Market, the tenor of the transactions is from ________
(a) 2-7 days
(b) 2-14 days
(c) 2-21 days
(d) 2-28 days
(e) 2-90 days

Q13. An Asset Reconstruction Company (ARC) in India is associated with-
(a) UCPDC
(b) DICGC
(c) NPA
(d) Home Loan
(e) None of the given options is true

Q14. Which of the following is mainly used by the banks in order to meet their temporary requirement of Cash on a daily basis?
(a) Commercial Paper
(b) Certificate of Deposit
(c) Collateralized Borrowing and Lending Obligations (CBLO)
(d) Call Money
(e) None of the given options is true

Q15. ___________ is a voluntary market body for the bond, money and derivatives markets.
(a) RBI
(b) SEBI
(c) IRDAI
(d) FIMMDA

You may also like to see:

    CRACK IBPS PO 2017



    11000+ (RRB, Clerk, PO) Candidates were selected in IBPS PO 2016 from Career Power Classroom Programs.


    9 out of every 10 candidates selected in IBPS PO last year opted for Adda247 Online Test Series.

    No comments:

    Post a Comment