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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. Fiscal deficit is
2. Bancassurance is
3. When more than one bank is allowing credit facilities toone party in coordination with each other under a formalarrangement - the arrangement is generally known as
4. Bank of Rajasthan was merged with
5. RBI has sold its entire stake except 1% in which of thefollowing organisations?
6. 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___?
7. As per the notification issued by the banks - the "thirdparty ATM usage- will now be restricted to certainwithdrawals and limits only. What does it really mean?(1) The ATM cardholders will not be able to withdrawfrom other banks-™ ATMs under any circumstances.(2) Customers of one bank may be able to withdraw onlya limited amount from other banks-™ ATMs.(3) ATM card holders will have to pay a fee if theywithdraw money from other banks-™ ATMs frequently.
8. The Reserve Bank of India - released its June Mid-quarterMonetary Policy. Consider the following statements:1. RBI left its key policy - repo rate unchanged at7.25% in line.2. CRR (Cash Reserve Ratio) - remained at 4%.3. Repo is the rate at which banks borrow from thecentral bank. Select the correct answer using codes givenbelow: Codes:
9. In one of his speeches - Pranab Mukherjee said that thegovernment has no plans to dilute the roles of marketregulators. This means - the role of which of the followingwill not be diluted?
10. Which of the following is true about RBI's decisionregarding sick micro and small enterprises?
11. How many banks are presently nationalised banks inIndia?
12. The paid-up capital of non-scheduled bank is less than
13. Increased interest rates - as is existing in the economy atpresent will __________.
14. SMERA is an SME Rating Agency in India meant for
15. The maximum period for which a fixed deposit can beaccepted by a commercial bank is
16. Banks without the prior approval of the RBI - can not
17. Which of the following organisations is known as themarket regulator in India?
18. S.K. Jain - who was arrested by the CBI on charges ofallegedly accepting a bribe of Rs. 50 lakh to enhance thecredit limit of some companies - was the Chairman andManaging Director (CMD) of which publicsector bank?
19. A current account in a bank means
20. Which one of the public sector bank has completed 100years of its establishment on 21st December - 2011?
21. Where is the headquarter of Reserve Bank of India?
22. SEBI is a/n
23. Financial inclusion means provision of
24. Which of the following schemes was launched a fewyears back to provide wage employment to the ruralpeople in India (The programme is being runsuccessfully in addition to NREGA)?
25. The Bank of Japan (BOJ) and the Reserve Bank of India(RBI) recently agreed to expand the amount of theBilateral Swap Agreement (BSA) to