Expected Banking Awareness Questions for SBI Clerk 2018 : Set-37

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Expected Banking Awareness Questions for SBI Clerk 2018

Expected Banking Awareness Questions for SBI Clerk 2018. Welcome to the www.letsstudytogether.co online learning section. If you are preparing for SBI Clerk and Canara Bank PO exam, you will come across a section on Banking and Finance Awareness Section. Here we are providing you Expected Banking Awareness Questions for your daily practice.

This “Expected Banking Awareness Questions for SBI Clerk 2018” is also important for other banking exams such as IBPS PO, IBPS Clerk, SBI Clerk, IBPS SO, SBI SO and other competitive exams.

Expected Banking Awareness Questions for SBI Clerk 2018 : Set-37


1.The face value for any security is also known as –

A Real value
B Par value
C Adjusted value
D Common value
E None of the above
Show Correct Answers

B. Par value

2.The maximum amount that can be insured by Deposit Insurance and Credit Guarantee Corporation for an individual including of principal and interest is –

A Rs. 1 lakh
B Rs. 2 lakhs
C Rs. 3 lakhs
D Rs. 4 lakhs
E Rs. 5 lakhs
Show Correct Answers

A. Rs. 1 lakh

3.The balance in small accounts should not ever exceed the amount of ………….. at any point of time.

A Rs 50000
B Rs 1 lakh
C Rs 2 lakhs
D Rs 3 lakhs
E Rs 4 lakhs
Show Correct Answers

A. Rs 50000

4.The transaction involving sending money by migrant workers to their families in their home countries is known as –

A Inward remittance
B Foreign remittance
C Local remittance
D Trans-money remittance
E  None of the above
Show Correct Answers

B. Foreign remittance

5.The first ever industrial finance and development organization set up by the government post-independence is

A IDFC
B IFCI
C IFFC
D SFCI
E None of the above
Show Correct Answers

B. IFCI

6.The short term industrial finance loans can have maximum maturity period of –

A 6 months
B 12 months
C 9 months
D 18 months
E 24 months
Show Correct Answers

B. 12 months

7.The headquarters of the Power Finance Corporation Limited are located in which among the following cities in India?

A Mumbai
B New Delhi
C Kolkata
D Patna
E None of the above
Show Correct Answers

B. New Delhi

8.The majority shareholder of the credit rating agency CRISIL is

A McMillan
B Standard and Poor’s
C State Bank of India
D Bank of Baroda
E None of the above
Show Correct Answers

B. Standard and Poor’s

9.Which among the following is known as the numerical expression based on the credit history of a person to represent the creditworthiness of a person?

A Credit report
B Credit file
C Credit score
D Credit analysis
E None of the above
Show Correct Answers

C. Credit score

10.Gilt-edged securities are used to maintain which among the following compulsory requirements as required by the Reserve Bank of India for all the scheduled banks in the country?

A Cash Reserve Ratio
B Statutory Liquidity Ratio
C Liquidity Adjustment Facility
D Marginal Standing Facility
E None of the above
Show Correct Answers

B. Statutory Liquidity Ratio


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SBI Clerk 2018 | Railway RRB ALP & Group D | NABARD Grade A Study Material

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