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Banking Awareness Quiz for NIACL Assistant

Dear Readers,


Banking-and-Financial-Awareness-for-SBI-PO
Just a few days are left for Bank of Baroda PO and NIACL Assistant Mains Examination. It is time to pace up your preparation of Banking Awareness for Bank of Baroda PO and NIACL Assistant Mains 2017. These Banking questions will also help you in preparing for SBI PO Mains 2017, and NICL AO Mains 2017 recruitment examination.

Q1. Which of the following is/are used in the loan approval processes?
(a) Credit Information Report (CIR)
(b) CIBIL Score
(c) Both (a) and (b)
(d) STRIPS
(e) None of the above

Q2. How many digits are there in CIBIL score?
(a) 4
(b) 3
(c) 6
(d) 9
(e) 1

Q3. What is the full form of SEPA?
(a) Simple Euro Payments Area
(b) Simple Euro Payments Attempt
(c) Single Euro Payments Area
(d) Single Euro Payments Attempt
(e) Standard Euro Payments Area

Q4. Which of the following is merged with SEBI?
(a) CRISIL
(b) NABARD
(c) FMC
(d) CIBIL
(e) IDBI

Q5. The Chairman of SEBI is nominated by-
(a) Union Finance Ministry
(b) RBI
(c) Government of India
(d) All of the above
(e) President of India

Q6. The government of India holds how much percent stake in NABARD?
(a) 75%
(b) 92%
(c) 99%
(d) 50%
(e) 01%

Q7. Insurance Services provided by various banks is commonly known as ______
(a) Investment Banking
(b) Portfolio Management
(c) Micro Finance
(d) Bancassurance
(e) None of the above

Q8. In the term STRIPS, the letter “T” denotes-
(a) Truncation
(b) Transfer
(c) Transit
(d) Transport
(e) Trading

Q9. SEBI was given additional statutory power by the GOI through an amendment to which act?
(a) Negotiable Instruments Act 1881.
(b) Securities and Exchange Board of India Act, 1992
(c) Reserve Bank of India Act 1934
(d) Companies Act 1956
(e) Banking Regulation Act, 1949

Q10. The headquarters of NASDAQ stock exchange is-
(a) Washington DC, USA
(b) New York, USA
(c) Tokyo, Japan
(d) Frankfurt, Germany
(e) Beijing, China

Q11. In which among the following year Stock Holding Corporation of India Ltd (SHCIL) was established?
(a) 1982 
(b) 1992
(c) 1986
(d) 1975
(e) 1856

Q12. What is the initial capital amount to start Small Finance Banks?
(a) 100 crore
(b) 200 crore
(c) 500 crore
(d) 1000 crore
(e) 1500 crore

Q13. The promoters of Small Finance Banks should have _______ experience in banking and finance?
(a) 8 years
(b) 11 years
(c) 7 years
(d) 10 years
(e) 14 years 

Q14. The State Bank of Sikkim was established in the year __________ and has a total of 41 branches including Head Office throughout the State of Sikkim.
(a) 1968
(b) 1958
(c) 1948
(d) 1978
(e) 1988

Q15. Which of the following is not regulated by Reserve Bank of India unlike other banks in India?
(a) State Bank of Sikkim
(b) ICICI
(c) IDBI
(d) Axis
(e) None of the above


Banking Awareness Quiz for NIACL Assistant |_3.1Banking Awareness Quiz for NIACL Assistant |_4.1
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