Expected Banking Awareness Questions
Expected Banking Awareness Questions

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-38


1.Which among the following is true regarding ONICRA, a credit rating agency?

A It is a public limited company
B It is a private limited company
C It is a government enterprise
D It is a public-private partnership company
E None of the above
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B. It is a private limited company

2.The standard economic unit of account is based on fixed quantity of gold and this kind of system is known as

A Fixed reserve system
B Gold standard system
C Fixed gold rating system
D Fixed standard system
E None of the above

Show Correct Answers

B. Gold standard system

3.This is a valueless record or object but it is widely accepted as a mode of payment is

A Fiat money
B Notice money
C Call money
D Face money
E Par money
Show Correct Answers

A. Fiat money

4.Which among the following is the kind of money with an intrinsic value?

A Call money
B Report money
C Notice money
D Commodity money
E None of the above
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D. Commodity money

5.A kind of strong currency that is used in international trade widely and is also considered as part of foreign exchange reserve of a country is known as

A Real money
B Foreign exchange money
C Face money
D Representative money
E Reserve money
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E. Reserve money

6.Any date entered on a cheque that is prior to the actual date of occurrence will make that a/an

A Post-dated cheque
B Ante-dated cheque
C Bearer cheque
D Cross cheque
E None of the above
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B. Ante-dated cheque

7.Which among the following is a kind of cheque that can be only be credited to the account of payee?

A Bearer cheque
B Crossed cheque
C Post-dated cheque
D Special crossed cheque
E None of the above
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B. Crossed cheque

8.The largest network of ATM Machines in India is which among the following?

A State Bank of India
B National Financial Switch
C Bank of India
D Bank of Baroda
E National Payment Corporation of India
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B. National Financial Switch

9.The currency that is issued by any private entity or commercial business house is known as –

A Private currency
B Commercial currency
C Developed currency
D Restricted currency
E None of the above
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A. Private currency

10.The headquarters of the Institute for Development and Research in Banking Technology are situated in

A Mumbai
B Dehradun
C Chandigarh
D New Delhi
E Hyderabad
Show Correct Answers

E. Hyderabad


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

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1. SBI Clerk 2018 Click Here
2. SBI PO 2018 Click Here
3. Railway RRB ALP & Group D 2018 Click Here
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