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Banking Awareness Exam - Past Questions
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Banking Awareness Exam - Past Questions
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25 Questions

1. A Bank/Financial Organisation these days relies heavilyon e-commerce for its transaction. As a part of systemsecurity - it has introduced the organisation-™s securityawareness manual. This step of the organisation can beclassified under - which one of the following categories ofmeasures for a business?
2. What do you understand by 'Para Banking' services?
3. Which of the following aspects are outlined by the loanpolicy of a bank?
4. Which of the following Acts was framed specially to dealmore effectively with the problem of Non-PerformingAssets in banking system?
5. Name the premier institution that is taking care of thefinancial needs of importers and exporters of ourcountry which was established in the year 1981.
6. An institution which accepts deposits - makes businessloans and offers related services is called
7. The Narasimham Committee-I was set-up to suggestsome recommendations for improvement in the
8. Which nationalised bank was the first to sponsor aRegional Rural Bank (RRB) in India?
9. Mahesh and Suresh are friends aged 14 and 15respectively. They want to open a joint account in yourbank. You will
10. Lot of banks in India these days - are offering M-Bankingfacility to their customers. What is the full form of M inM-Banking?
11. A current account in a bank means
12. Very often we read in newspapers/ magazines about-˜Sovereign Wealth Funds-™. Which of the following is/ arethe correct description of the same? These are the fundsor the reserves of a government or cenetral bank of acountry which are invested further to earn profitablereturns.(2) These are the funds which were accumulated bysome people over the years but were not put in activecirculation as they retain them as black money forseveral years.(3) The funds which are created to be used as relieffunds or bailout packages.
13. Selling of securities in the open market by the centralbank creates-”
14. Special drawing right is an international practice ofdrawing funds. Which of the following institutionscontrol this special finding facility?
15. Which among the following defines a non performingasset?
16. The term -˜Gross National Happiness-™ was coined by
17. In banking parlance - -˜Sub-prime-™ refers to
18. The capital of IMF is made up by contribution of the
19. An account in which trading of shares in their electronicform is done - is known as
20. Which of the following are the scheduled banks?
21. Recently - the BRICS countries firmed up plan to set up aNew Development Bank (NDB) with an initial authorisedcapital of $100 billion. The NDB will be headquartered in___?
22. The rate of interest banks charge its main/ major andprime customers is popularly called as
23. Which of the following terms is NOT used in the Bankingworld?
24. Which one of the following is the correct sequence ofcontribution to gross domestic product in India by thevarious sectors of the economy in last 10 years?
25. Which of the following is the correct definition of theterm commercial papers?I. It is nothing but the popular name of the judicial stamppapers used to register financial transactions.II. It is one of the instruments through which corporatesraise debt from the market.III. It is the name of the -˜Certificate of Deposits-™ (CD)provided by the bank to its retail customers. Select thecorrect answer using the codes given below: