General Awareness Questions Related to Banking Industry Set 16

Banking Awareness Questions and Answer IBPS PO Clerk VII 2017 – 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 Awareness Questions Answers Set

Q.141. Which of the following is an example of near money?
(1) Fiat money 
(2) Bank Draft 
(3) Treasury Bills
(4) 50 paise coins 
(5) None of these
Q.142. Raising or lowering of the central bank discount rate is known as.
(1) Bank rate policy 
(2) Open market operation
(3) Cash reserve ratio 
(4) 2 and 3
(5) None of these
Q.143. ‘Gold Tranche’ refers to.
(1) a credit system granted by IMF to its members. 
(2) Aloan system of the World Bank
(3) A credit system granted by WTO to its members. 
(4) Oneoftheoperationsofa Central Bank
(5) None of these
Q.144. When RBI wants to reduce liquidity in the banking system-
(A) It increases the CRR
(B) It increases the SLR
(C) It increases the Repo Rate
(1) Only A 
(2) Only B 
(3) Only C 
(4) All A, B and C 
(5) None of these
Q.145. Negotiated Dealing System Relates to.
(A) Trading at stock markets
(B) Settlement of security dealings
(C) Trading in government securities
(1) Only A 
(2) Only B 
(3) Only C 
(4) All A, B and C 
(5) None of these
Q.146. The Base rate of each bank is to be reviewed after every.
(1) Quarter 
(2) Month 
(3) Year 
(4) Week 
(5) Day
Q.147. Gross Domestic Product is a measure of.
(1) a country’s internal trade relation   
(2) a country’s domestic economic activities
(3) a country’s financial position 
(4) a country’s foreign trade relation
(5) None of these
Q.148. In which of the following years, the concept of Micro Finance launched?
(1) 1982 
(2) 1992 
(3) 2002 
(4) 1972 
(5) None of these
Q.149. The network for common data communication for Banks and Financial Institutions launched by RBI is  
(3) SWIFT 
(5) None of these
Q.150. If a loan is repaid by a cheque,.
(1) Total bank reserves in the system decrease. 
(2) Total bank reserves are not affected.
(3) Increase in total bank reserves in the system. 
(4) 1 and 3 both
(5) None of these
Q.151. Consider the following statements about Gold Standard and state which of them are true?
(A) Gold Standard means there exists a fixed relationship between any two currencies called the mint parity.
(B) It also means the exchange rate is determined by demand and supply between the gold points.
(C) Each nation defines the price of gold in terms of its currency and then stands ready to buy and sell.
(1) Only C 
(2) Only B 
(3) All are true 
(4) Only A 
(5) None of these
Q.152. Which of the following is a new instrument permitted by RBI to bank under Tier II for Capital adequacy purposes and what is its minimum maturity period?
(1) Innovative perpetual debt instrument, 10 years
(2) Non-redeemable Cumulative Capital Instrument, 10 years
(3) Perpetual preference shares, 15 years
(4) Redeemable preference shares, 15 years.
(5) None of these
Q.153. Which of the following liabilities is not taken as part of Time and demand liabilities for the purpose of CRR?
(1) Fixed deposits 
(2) Saving bank account 
(3) Recurring deposits
(4) Paid-up capital 
(5) None of these
Q.154. Credit creation capacity of commercial banks is determined by :
(A) Cash withdrawals from the banking system by the public
(B) Cash reserve ratio to be maintained by Commercial banks
(C) Supply of currency notes by the central bank
(D) Willingness of the borrowers to take loans from commercial banks.
(1) A, C and D 
(2) B, C and D 
(3) A, B and D 
(4) A, B and C 
(5) None of these
Q.155. Money supply in India can be increased if  
(A) RBI puts more paper money for circulation
(B) The commercial banks expand their credit operations
(C) The Central Government gives more grants to the states
(D) The Government of India borrows from the RBI
(1) A, B and C 
(2) B, C and D 
(3) A, C and D 
(4) A, B and D 
(5) None of these
Q.156. Which one of the following is not a Quantitative credit control measure of the Reserve Bank of India?
(1) Bank rate 
(2) Statutory cash reserve requirement
(3) Statutory liquidity ratio 
(4) Moral Suasion
(5) None of these
Q.157. Fiscal Deficit concept was introduced in Indian economy by
(1) Amartya sen 
(2) V. K. R. V. Rao 
(3) S. Chakravarty
(4) Madhu Dandavate 
(5) None of these
Q.158. Consider the following statements regarding Special Drawing Rights (SDR)-
(A) SDR is known as the paper gold
(B) It is an international unit of account
(C) The IMF pays no interest on all holdings of SDRs, kept in the special drawing account
(D) The Quotas of all currencies in the IMF General account are also valued in terms of the   SDR
(1) A, B and C 
(2) B, C and D 
(3) A, B and D 
(4) A, C and D 
(5) None of these

Banking Awareness Questions Answers IBPS PO Clerk VII 2017

Q.159. Consider the following statement and state which among those is/are correct? Regional rural banks in India_______  

(A) Are required to assist the weaker sections
(B) Are to help small and marginal farmers only
(C) Have free access to liberal financial assistance from NABARD
(D) Have a limited area of operation
(1) A, C and D 
(2) Only B 
(3) B and C 
(4) Aand D 
(5) None of these
Q.160. On the recommendation of which committee Rail Budget was seperated from General Budget in 1924?
(1) Acworth Committee
(2) Hilton Young Committee
(3) Patnayak Economy Committee
(4) Brettenwood Committee
(5) None of these

Important Banking Awareness Questions Set

141. 3    142. 1    143. 1    144. 1    145. 3    146. 1    147. 4    148. 3      149. 4    150. 2    151. 3    152. 4   153. 4    154. 3     155. 4      156. 4     157. 3    158. 3    159. 1     160. 1