BANKING AWARENESS PRACTICE QUESTIONS

BANKING AWARENESS\r\nPRACTICE QUESTIONS
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\r\n1. Which of the following banks has recently\r\nintroduced mobile banking service for its customers, to commemorate 50 years of\r\nits journey in the Indian financial sector?
\r\na) Union Bank of India
\r\nb) IDBI Bank
\r\nc) Kerala Grameena Bank
\r\nd) Karur vysya Bank
\r\ne) ICICI Bank
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2. Currency Swap is an\r\ninstrument to manage?
\r\na) Interest rate risk
\r\nb) Currency risk
\r\nc) Currency and interest rate risk
\r\nd) Cash inflows in different currencies
\r\ne) All of the above
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3. The RBI widened\r\ninfrastructure sector lending sub-category recently. Which of the following\r\nsectors qualify for infrastructure sector lending?
\r\na) Communication
\r\nb) Water and sanitation
\r\nc) Energy
\r\nd) Transport
\r\ne) All the above
\r\n
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4. Expand the term\r\nIMPS.
\r\na) Immediate Mobile Payment Service
\r\nb) Inter-Mobile Payment Service
\r\nc) International Mobile Payment Service
\r\nd) Instant Payment Service
\r\ne) None of these
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5. Doha Bank , which\r\nhas been sanctioned licence to start its operations in India, belongs to which of\r\nthe following countries?
\r\na) Kuwait
\r\nb) Iran
\r\nc) Bahrain
\r\nd) Qatar
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6. CAPART (Council for\r\nAdvancement of People's Action and Rural Technology) is associated with which\r\nof the following?
\r\na) Energy Sector
\r\nb) Rural Development
\r\nc) Infrastructure
\r\nd) Foreign Trade
\r\ne) None of these
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7. How many alphabets\r\nwill be there in PAN CARD provided by Income Tax Department?
\r\na) Four
\r\nb) Five
\r\nc) Seven
\r\nd) Three
\r\ne) SIX
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8. Which of the\r\nfollowing banks has recently approved 30 million US dollars loan to Assam which\r\nwill help it in its drive to eliminate power sector inefficiencies that are\r\nhurting its consumers, its world-famous tea industry, and its environment?
\r\na) World Bank
\r\nb) Asian Development Bank
\r\nc) Yes Bank
\r\nd) Indian Bank
\r\ne) All of the above
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9. Under provisions of\r\nwhich one of the following Acts, the RBI issues directives to the Banks in India?
\r\na) Banking Regulation Act
\r\nb) Essential Commodities Act
\r\nc) RBI Regulation Act
\r\nd) RBI and Banking Regulation Act
\r\ne) None of these
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10. Which of the\r\nfollowing companies will be provided equity investment of 50 million US dollars\r\nby The Asian Development Bank ?
\r\na) Tata Power
\r\nb) NTPC
\r\nc) ReNew Power Ventures Private Limited
\r\nd) NHPC
\r\ne) None of these
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11. Which of the\r\nfollowing can be obtained only from a bank?
\r\na) Demand draft
\r\nb) Postal Stamps
\r\nc) Judicial Stamp Papers
\r\nd) Birth Certificates
\r\ne) All of these
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12. SBI has launched\r\nsix digital branches across the country as part of its programme to offer next generation\r\nbanking solutions. What is the name given to these digital branches?
\r\na) SBI Digital
\r\nb) SBI Intouch
\r\nc) SBI Tech
\r\nd) Digi SBI
\r\ne) None of these
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13. C Rangarajan Committee\r\nhas recently submitted its report on which of the following matters?
\r\na) Sanitation
\r\nb) Food
\r\nc) Poverty
\r\nd) Education
\r\ne) All of these
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14. Which among the\r\nfollowing committee is set up for giving clear definitions to FDI and FII with an\r\naim to remove ambiguity over the two types of foreign investments?
\r\na) Gopinath committee
\r\nb) Subir Gokarn committee
\r\nc) Arvind Mayaram committee
\r\nd) Sushma Nath committee
\r\ne) None of these
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15. The erstwhile UTI\r\nBank is presently known as:
\r\na) ING Vaisya Bank
\r\nb) Yes Bank
\r\nc) Indus Ind Bank
\r\nd) Axis Bank
\r\ne) IDBI
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16. The abbreviation\r\nUIDAI stands for
\r\na) Unique Identification Division of All India
\r\nb) Unique Identification Department of Ancient\r\nIndia
\r\nc) Unique Identity Division of Ancient India
\r\nd) Unique Identification Authority of India
\r\ne) None of these
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17. Ms.Christine\r\nLagarde is holding which of the following positions at present?
\r\na) Chief of Asian Development Bank
\r\nb) Chief of International Monetary Fund
\r\nc) Chancellor of Germany
\r\nd) Chief of Morgan Stanley
\r\ne) Chief of World Bank
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18. It is mandatory to\r\nquote the following identification number on all large value financial\r\ntransactions.
\r\na) PAN number
\r\nb) Voter ID
\r\nc) PIN
\r\nd) Ration Card Number
\r\ne) Phone Number
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19. Which of the\r\nfollowing is NOT a Banking or Finance Company?
\r\na) Barclay
\r\nb) Luftansa
\r\nc) BNP Paribas
\r\nd) American Express
\r\ne) HSBC
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20. Which of the\r\nfollowing is the part of the name of a Public Sector Bank in India?
\r\na) Jindal
\r\nb) Gokhale
\r\nc) Jaipuria
\r\nd) Tata
\r\ne) Dena
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ANSWERS:
\r\n1) b; 2) d; 3) e; 4) a; 5) d; 6) b; 7) e; 8) b;\r\n9) a; 10) c;
\r\n11) a; 12) b; 13) c; 14) c; 15) d; 16) d; 17) b;\r\n18) a; 19 b 20) e;

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