Banking Awareness Objective Questions - Set 9

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Banking Awareness Quiz Questions Answers are providing for all banking exams and interviews in 2017 - 2018. These are some important Banking Awareness Questions and Answers providing by our Banking Expert Team is useful for all banking exams and It is specially designed according to the Syllabus of RRB, IBPS/SBI PO, and Clerk VII 2017-2018.

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Banking Awareness Questions Answers Set 9

Q 1. Banking which involves mobilizing large part of the deposits in risk free assets such as government securities is called.
(1) Overseas Banking 
(2) Offshore Banking 
(3) Islamic Banking
(4) Narrow Banking 
(5) None of these

Q 2. What is the full form of REER?
(1) Real Earning Emergent Ratio
(2) Real Elective Effective Ratio
(3) Real Effective Exchange Rate 
(4) Role Effective Earned Rate
(5) None of these

Q 3. Which of the following in India formulates the fiscal policy?
(1) Finance Commission 
(2) RBI 
(3) Ministry of Finance
(4) Planning Commission 
(5) None of these

Q 4. Which of the following defines Commercial Papers?
(1) Long term debt issued by private corporations.
(2) Short-term and unsecured promissory notes issued by corporations with-very high credit standings.
(3) Savings instrument, in which funds must remain on deposit for a specified period, and premature withdrawals incur interest penalties.
(4) 1 and 3
(5) None of these

Q 5. Which of the following is not included in Indian Economy?
(1) M1
(2) M2
(3) M3
(4) both M1  and M3
(5) None of these

Q 6. Which of the following is not Development Bank/Non Commercial Bank?
(1) SIDBI 
(2) National Housing Bank 
(3) IDBI
(4) NABARD
(5) None of these

Q 7. Gilt - Edged market means.
(1) Bull Market 
(2) Gun Market
(3) Market of Government Securities 
(4) Market of Pure Metal
(5) None of these

Q 8. What is the Platinum Jubilee Year of the RBI?
(1) 2007-2008 
(2) 2008-2009 
(3) 2012-2013 
(4) 2014-2015 
(5) 2009-2010

Q 9. In Regional Rural Banks, What is the contribution of the Sponsor Banks?
(1) 50% 
(2) 15% 
(3) 35% 
(4) 25% 
(5) None of these

Q 10. Which one of the following is not a part of the World Bank Group?
(1) The International Finance Corporation 
(2) Asian Development Bank
(3) The Multi-lateral Investment Guarantee Agency 
(4) International DevelopmentAssociation.
(5) None of these

Banking Awareness Answers Set 9

1.    2.  3   3. 2    4. 2    5. 2    6. 5    7. 3    8. 5    9. 3    10. 2