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Saturday, 5 August 2017

Banking Awareness Quiz | 05 - 08 - 17

Mahendra Guru : Online Videos For Govt. Exams
Banking Awareness Quiz | 05 - 08 - 17

Q.1. Which among the following is an indirect instrument used by RBI to regulate the availability, cost and use of money and credit? 

(1) Cash Reserve Ratio 

(2) Statutory Liquidity Ratio 

(3) Liquidity Adjustment Facility 

(4) Refinance facilities 

(5) None of these 

Q.2. What does crossing of a cheque means? 

(1) This is the cancellation of cheque 

(2) This is a direction to the bank to not to pay the cheques across the counter. 

(3) This is a direction to the drawee to encash the cheque across the counter 

(4) This indicates that the payment has already been made 

(5) None of these 

Q.3. On the recommendations of which Committee the Reserve Bank of India was established? 

(1) K.C. Chakrabarty Committee 

(2) Subir Gokarn Committee 

(3) M. V. Nair Committee 

(4) Young- Hilton Committee 

(5) None of these 

Q.4. Which of the following financial institutions conducts the auction of Treasury Bills of varying maturities? 

(1) SEBI 

(2) Government of India 


(4) RBI 

(5) None of these 

Q.5. Who decides the floating rate on the saving banks accounts? 

(1) Government of India 

(2) State Government 

(3) Punjab National bank 

(4) Reserve Bank of India 

(5) None of these 

Q.6. From the banking point of view the use of Automated Teller Machines (ATMs) can be called as- 

(1) Branchless Banking 

(2) Mobile Banking 

(3) Internet Banking 

(4) 2 and 3 

(5) None of these 

Q.7. Which of the following terms is not used in Banking/Financial sector ? 

(1) Call Money 

(2) Futures options 

(3) Decontamination 

(4) Derivatives 

(5) None of these 

Q.8. What is the full form of PIN issued by the income Tax Department to all the tax payers in the country ? 

(1) Public Index Number 

(2) Personal Indentification Number 

(3) Private Indentification Node 

(4) Postal Index Number 

(5) None of these 

Q.9. Who amongst the following is a famous Economist ? 

(1) Nandan Nilekani 

(2) Amartya Sen 

(3) Ms. Meira Kumar 

(4) Arun Shourie 

(5) None of these 

Q.10. 'Kalidas Samman' is given by the government of........ 

(1) U.P. 

(2) Maharashtra 

(3) M.P. 

(4) Gujarat 

(5) None of these












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