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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. Which sectors of Indian Economy contributes largest tothe gross national product?
2. The Reserve Bank of India keeps on changing variousratio/rates frequently. Why is this done?(1) To keep inflation under control.(2) To ensure that Indian Rupee does not lose its marketvalue.(3) To ensure that Banks do not earn huge profits at thecost of public money.
3. When a bank returns a cheque unpaid - it is called
4. The Holidays for the Banks are declared as per _________.
5. The RBI has prescribed that all SGBs should maintaintheir SLRs in
6. Consider the following statements:1. In Indian Commercial Banking System - the number ofthe Non-scheduled Bank is more than the ScheduledBanks.2. The Non-scheduled Banks in Indian CommercialBanking Systems are even less than a dozen in number.Which of the statements given above is/are correct?
7. Under which category - will you classify Regional RuralBanks (RRBs)?
8. The term -˜Ways and Means-™ advances refers to
9. Dr Muhammad Yunus is a resident of
10. Which of the following is the limitation of the ATMsowing to which people are required to visit branches ofthe bank?(1) It does not accept deposits.(2) It has a limited cash disbursement capacity.(3) Lack of human interface.
11. Which of the following methods is being adopted byBanks for calculating and applying interest on SavingsBank accounts?
12. Bank loan against property requires the asset to be freefrom encumbrances. What does it mean?
13. At which rate the RBI lends short-term money to thebank?
14. What do you understand by -˜Para Banking services?
15. Which of the following is an easy way of providing creditto the farmer community?
16. The usual deposit accounts of banks are
17. The Reserve Bank of India (RBI) has recently issuedguidelines for asset reconstruction companies (ARCs) toincrease their investments in security receipts (SRs)with the objective of strengthening the asset recoverysector. What is the minimum prescribed percentage offunds that ARCs would now have to invest in SRs asdirected in this RBI guideline?
18. The financial year for banks is April-March - but what isthe financial year for RBI?
19. For filing and resolving customer complaints - theBanking Ombudsman
20. Government securities with terms of more than 1 yearare called
21. Mutual funds are regulated by
22. Sub-prime refers to
23. Open Added Money Market Scheme was firstlyintroduced by
24. Which of the following is/are the components of theFiscal Deficit?I. Budgetary DeficitII. Market BorrowingIII. Expenditure made from Pradhan Mantri Rahat KoshSelect the correct answer using the codes given below:
25. Which one of the public sector bank has completed 100years of its establishment on 21st December - 2011?