Banking Awareness Exam Quiz: Trivia!

20 Questions | Total Attempts: 253

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Banking Awareness Exam Quiz: Trivia!

Do you know anything about banking awareness? Banking awareness is a component of the general awareness section in bank exams. The questions pertain to the history of banks in India, banking institutions, banking terminologies, and the tasks and role of the banking industry in the country's financial system. The central bank exams include IBPS, SBI, and RBI. This quiz can be useful to you if you are studying bank awareness.


Questions and Answers
  • 1. 
    Banks in India are required to maintain a portion of their demand and time liabilities with the RBI, This Portion is Called_____
    • A. 

      Statutory Liquidity Ratio

    • B. 

      Cash Reserve Ratio

    • C. 

      Bank Deposit

    • D. 

      Reverse Repo

    • E. 

      Government Securities

  • 2. 
    Government as part of the recapitalization plan infused capital in SBI recently, indicate the approximate capital infusion.
    • A. 

      500 Cr.

    • B. 

      1000 Cr.

    • C. 

      1500 Cr.

    • D. 

      2000 Cr.

    • E. 

      3000 Cr.

  • 3. 
    The Holidays for the Banks are declared as per
    • A. 

      RBI Act 1935

    • B. 

      Banking Regulation Act 1949

    • C. 

      Negotiable Instrument Act

    • D. 

      SEBI Act 1982

    • E. 

      Companies Act

  • 4. 
    In Banking Business, When the borrowers avail a Term Loan, initially they are given a repayment holiday and this is referred to as___________
    • A. 

      Subsidy

    • B. 

      Interest Waiver

    • C. 

      Re-Phasing

    • D. 

      Interest Concession

    • E. 

      Moratorium

  • 5. 
    Banking Ombudsman is appointed by ____________
    • A. 

      Govt. of India

    • B. 

      State Govt.

    • C. 

      RBI

    • D. 

      ECGC

    • E. 

      EXIM Bank

  • 6. 
    Interest on Saving deposit now a days is _____________
    • A. 

      Fixed by RBI

    • B. 

      Fixed by the Respective Banks

    • C. 

      Fixed by the Depositor

    • D. 

      Not paid by the Bank

    • E. 

      Fixed as a contract between bank and customers

  • 7. 
    The Customers by Opening and investing in the Tax Saver Deposit Account Scheme in a Bank would get benefit under_________
    • A. 

      Sales Tax

    • B. 

      Excise Duty

    • C. 

      Income Tax

    • D. 

      Customs Duty

    • E. 

      Professional Tax

  • 8. 
    Pre-Shipment finance is provided by the banks only to______________
    • A. 

      Credit Card Holders

    • B. 

      Village Artisans

    • C. 

      Exporters

    • D. 

      Brokers in equity Market

    • E. 

      Student willing to studies abroad

  • 9. 
    A Non-Profit Assets (NPA) is___________
    • A. 

      An Assets that ceases to generate income

    • B. 

      Money at call and short notice

    • C. 

      Cash balance in till

    • D. 

      Cash balance with RBI

    • E. 

      Balance with other Banks

  • 10. 
    Interest below which a bank is not expected to lend to customers is known as__________
    • A. 

      Deposit Rate

    • B. 

      Bank Rate

    • C. 

      Base Rate

    • D. 

      Discount Rate

    • E. 

      Prime Lending Rate (PLR)

  • 11. 
    Which of the following Organizations is made specifically responsible for empowering Micro Small and Medium Enterprises in India____________
    • A. 

      RBI

    • B. 

      NABARD

    • C. 

      SEBI

    • D. 

      SIDBI

    • E. 

      ECGC

  • 12. 
    RBI has released its guidelines for the entry of new banks in the private sector in the month of February 2013. One of the norms is at least a prescribed percentage of branches of the new banks should be set in unbanked rural centers with a population of up to 9,999 people. What is the percentage of such branches prescribed in the norms__________
    • A. 

      30%

    • B. 

      10%

    • C. 

      15%

    • D. 

      22%

    • E. 

      25%

  • 13. 
    Ghulam Nabi Azad Union Minister of _________laid the foundation stone of the new building complex of National Center for Disease Control in New Delhi.
    • A. 

      Agriculture

    • B. 

      Culture

    • C. 

      Health & Family Welfare

    • D. 

      Finance

    • E. 

      Tourism

  • 14. 
    Who is Mr. Daniel Bahr?
    • A. 

      Minister of Health, UK

    • B. 

      Minister of Health,Germany

    • C. 

      Minister of Health,Frabce

    • D. 

      Minister of Health,Australia

    • E. 

      None of these

  • 15. 
    Govt. of India declared 2013 as_____Conservation Year.
    • A. 

      Forest

    • B. 

      Earth

    • C. 

      Soil

    • D. 

      Water

    • E. 

      Energy

  • 16. 
    Pranab Mukherjee inaugurated the Deoghar Basukinath ______kilo meter Solar Street Light Project at Deoghar, Jharkhand, and laid Foundation Stones for Pilgrim Queue Complex.
    • A. 

      44

    • B. 

      52

    • C. 

      32

    • D. 

      62

    • E. 

      21

  • 17. 
    Bryan Forbes died on 8 May 2013 in Virginia Water, Who was he?
    • A. 

      Actor

    • B. 

      Screen Writer

    • C. 

      Dramatist

    • D. 

      Novelist

    • E. 

      All of the above

  • 18. 
    Who has been appointed as the new head of the World Trade Organisation?
    • A. 

      Anwarul Hooda

    • B. 

      Mohammad Alberdei

    • C. 

      Pascal Lamy

    • D. 

      Anil Agarwal

    • E. 

      Roberto Azevedo

  • 19. 
    Who is the new CEO of Anglo Gold Ashanti?
    • A. 

      Tito Mboweni

    • B. 

      Srinivasan Venkatakrishnan

    • C. 

      Rakesh Kapoor

    • D. 

      Ajay Baggha

    • E. 

      None of these

  • 20. 
    Vice President Hamid Ansari released a book entitled "Fida e Lucknow Tales of the city and it's people". The book is a collection of ___________short stories.
    • A. 

      32

    • B. 

      22

    • C. 

      42

    • D. 

      53

    • E. 

      72

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