Banking and Financial Awareness Objective Questions – Set 17

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Banking Awareness Questions and Answer IBPS Clerk VII

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 pdf download free 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 and Financial Awareness Questions Answers

Q.161. Treasury bills also called as T- bills are the part of  .
(1) Unorganized Market 
(2) Capital Market 
(3) Money Market
(4) Commodities Market 
(5) None of these
Q.162. Planned expenditure in India is made from  .
(1) Internal debt and other resources  
(2) Assistance from IMF
(3) Assistance from ADB 
(4) 1, 2 and 3
(5) None of these
Q.163. Primary Deficit is obtained by subtracting from fiscal deficit.
(1) Revenue Deficit 
(2) Depreciation 
(3) Borrowings
(4) Interest Payment 
(5) None of these
Q.164. In India nationalization of banks took place in how many phases?
(1) 3 
(2) 2 
(3) 4 
(4) 1 
(5) None of these
Q.165. Fixed deposits are for the bank  
(1) Fixed Assets 
(2) Time liability 
(3) Demand liability
(4) Current Assets 
(5) None of these
Q.166. Which of the following come under non-plan expenditure ?
(A) Subsidies.
(B) Interests payments
(C) Defence Expenditure.
(D) Maintenance expenditure for the infrastructure created in previous plans.
(1) Aand B 
(2) Aand C 
(3) B and D 
(4) A, B and D 
(5) None of these

Q.167. Which of the following does not come under tertiary sector of the economy ?
(A) Trade 
(B) Industrial Manufacturing 
(C) Industrial Construction
(1) Only B 
(2) Only C 
(3) B and C 
(4) Only A 
(5) None of these
Q.168. Which of the following is not a direct tax ?
(1) Estate duty 
(2) Sales Tax 
(3) Wealth Tax 
(4) Corporation Tax 
(5) None of these
Q.169. Which of the following is not a Banking/ Economy Term ?
(1) Factoring 
(2) Blue Chip 
(3) Insider Trading
(4) Capital gain 
(5) Digital Signature
Q.170. Which one of the following sources is not considered as a source of Government revenue ?
(1) Taxes 
(2) Surplus of Public Enterprises
(3) Mobilisation of internal loan and deposits 
(4) Transfer Payments
(5) None of these
Q.171. As we know that Reserve Bank of India changes the CRR. Which of the following statement is correct in this regard ?
(A) Reduction in CRR increases the liquidity position within Indian banks.
(B) Decrease in CRR decreases lending capacity of banks.
(C) Increase in CRR does not affect the liquidity position.
(1) Only A 
(2) Aand C 
(3) Only C 
(4) Only B 
(5) None of these
Q.172. Discount and Finance House of India Limited was set up by RBI in  
(1) 1988 
(2) 1989 
(3) 1987 
(4) 1990 
(5) None of these
Q.173. The relationship between a banker and a customer is   
(1) That of a debtor and a creditor 
(2) Primarily that of a debtor and a creditor
(3) That of a creditor and a debtor 
(4) Both 1 and 2
Banking Awareness Questions Answers IBPS PO Clerk VII 2017

Q.174. Current Account Deficit on the Balance of payment reflects  
(1) Deficit on Trade Account .
(2) Deficit on Invisibles Account.
(3) Deficit on Trade and Invisibles Account.
(4) Deficit onTrade Invisibles and Capital Account.
(5) None of these
Q.175. Which one of the following is an example of joint supply ?
(1) Sugar and Tea 
(2) Diesel and Bus 
(3) Ink and Fountain Pen
(4) Wool and Mutton 
(5) None of these