Banking & Finance Awareness Quiz Set -4 : IBPS PO | IBPS RRB| IBPS Clerk| SBI| RBI

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Banking & Finance Awareness Quiz

Welcome to the letsstudytogether.co. As we know Banking & Finance Awareness section is one of the easiest and scoring sections in the Bank exam.

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In order to help in your good preparation, here we are presenting you a “Banking & Finance Awareness Quiz” for IBPS PO, IBPS Clerk, IBPS RRB, SBI PO,RBI, NICL, SBI SO, LIC, IBPS Exams, SBI Exams and other competitive exams.

Banking & Finance Awareness Quiz Set -4


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1. South Indian Bank has entered into an agreement with Flyworld Money Exchange to facilitate remittances by Indian expatriates in Australia. Who is the CEO of South Indian Bank?
A. John Joseph
B. K. Thomas Jacob
C. V. G. Mathew
D. Polali Jayarama Bhat
E. Mohan E. Alapatt

2. Leading global payments and technology firm, Mastercard is set to provide payments processing solution to which Payments Bank?-
A. Indian Post Payment Bank
B. Airtel Payment Bank
C. Paytm Payment Bank
D. Vodafone Payment Bank
E. None of these

3.As we all know, banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This Portion is called
A. Statutory liquidity ratio
B. Cash reserve ratio
C. Bank deposit
D. Reverse Repo
E. Government securities

4. How much amount of assistance would be provided to the National Agricultural Market (e-NAM) as per the Union Budget 2017-18?
A. Rs. 65 lakhs
B. Rs. 69 lakhs
C. Rs. 75 lakhs
D. Rs. 72 lakhs
E. None of these

5.The New Development Bank (NDB) aims to mobilize resources for development projects in BRICS, emerging economies and developing countries. Where is the headquartered of NDB?

A. Durban, South Africa
B. Brasilia, Brazil
C. Moscow, Russia
D. Shanghai, China
E. New Delhi, India

6.One of the major emphasis of Base II is that banks should have-
A. adequate Capital Adequacy Ratio
B. only few branches in urban centres
C. more and more branches in rural areas
D. core banking mode of operation
E. All of the above

7. Basel – II norms are associated with which of the following aspects of the banking industry?
A. Risk Management
B. Manpower Planning
C. Retirement benefits for the employees
D. Corporate governance
E. Other than the given options

8. What is the full form of ‘ULIP’?
A. Universal Life and Investment Plan
B. Unit Loan and Insurance Plan
C. Universal Loan and Investment Plan
D. Uniformly Loaded Investment Plan
E. Unit Linked Insurance Plan

9.A negotiable security issued outside India by a Depository bank, on behalf of an Indian company, which represents the local Rupee denominated equity shares of the company held as deposit by a Custodian bank in India, is called:
A. Derivative
B. Depository receipt
C. FDI
D. Indian Depository receipt
E. None of these

10.Capital market is a which deals in-
A. Short-term funds
B. Glit-edge securities
C. Long-term funds
D. All of the above
E. None of these


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Answers

  1. C. V. G. Mathew
  2. B. Airtel Payment Bank
  3. B. Cash reserve ratio
  4. C. Rs. 75 lakhs
  5. D. Shanghai, China
  6. A. adequate Capital Adequacy Ratio
  7. A. Risk Management
  8. E. Unit Linked Insurance Plan
  9. B. Depository receipt
  10. C. Long-term funds

Click here for Banking & Finance Awareness Quiz Set -1

Click here for Banking & Finance Awareness Quiz Set -2

Click here for Banking & Finance Awareness Quiz Set -3


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