Home > CompTIA A+ Exam > Quizzes > Banking Awareness Exam - Past Questions
Banking Awareness Exam - Past Questions
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 26% Most missed: “When more than one bank is allowing credit facilities toone party in coordinatio…”
Banking Awareness Exam - Past Questions
Time left 00:00
25 Questions

1. When the RBI wants to inject liquidity into economy - itmay adopt the following:(1) Buy the government securities from the banks.(2) Enter into reverse repo operations(3) Raise cash Reserve Ratio(4) Reduce SLR. Select the correct answer using thecodes given below:
2. Who is the first chairperson and managing director ofpublic sector Bharatiya Mahila Bank (BMB)?
3. Which of the following is not included in the estimatesof National Income?
4. Which of the following is true about the National RuralEmployment Guarantee Act?(1) Itis applicable only in 100 rural districts.(2) It gives a guaranteed employment of 100 days to allthose who are eligible for the same and are also willingto take it.(3) This act is applicable only for men between the age of21-65. Women do not get the benefit of the same.
5. Which of the following statements is incorrect aboutNBFCs?
6. Which one of the public sector bank has completed 100years of its establishment on 21st December - 2011?
7. In case - a depositor wishes to withdraw his fixeddeposits prematurely - banks
8. Very often we read in the newspapers about variousmeasures taken up to control the flow of the capital inthe Indian markets. Who amongst the following is/arethe regulators who can control the flow of the same inIndia?
9. Which of the following is not a tax/duty levied by theGovernment of India?
10. As we all know - more and more countries/organisations are now going for noncash transactionsand accordingly banks have launched many newproducts in the market for the same. Which of thefollowing products is a non-cash transaction product?
11. The Monetary and Credit Policy of India is theresponsibility of which of the following?
12. Which one of the following statements is true regardingIMF?
13. The names of which of the following rates/ratios cannotbe seen in financial newspapers?
14. Which of the following agencies/ organisations hasdecided to make major changes for ULIPs?
15. Which of the following is NOT a foreign bank working inIndia?
16. President Pranab Mukherjee on 30 March 2014 clearedthe re-promulgation of the SEBI Ordinance SecuritiesLaws (Amendment) Bill 2013. The ordinance aims to give powers to1. Securities and Exchanges Board of India (SEBI) to actagainst Ponzi scheme.2. The move was to arm the regulator with morestringent powers comes in the wake to curb the illegalinvolvement of chit fund companies.3. Parliament passed the Securities Laws (Amendment)Bill 2013 in the Winter session. Consider the abovestatements and choose the correct option.
17. The fiscal deficit target for year 2015 (2014- 15) hasbeen retained at the level announced by former FinanceMinister P.Chidambaram in his interim budget. What isthis level?
18. Which of the following is not the part of the scheduledbanking structure in India?
19. In Union Budget 2014 -15 - Exemption limits on incometax raised from _____.
20. How much amount has been allocated to for irrigationplan named Pradhan mantri krishi sichayin yojana - in therecent Union Budget 2014-15?
21. Which of the following is the target fixed for maintainingfiscal deficit in the Union Budget of India?
22. 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)?
23. Which of the following does not pertain to nonperformance assets?
24. Which of the following correctly describes what subprime lending is?I. Lending to the people with less than ideal credit status.II. Lending to the people who are high value customersof the banks.III. Lending to those who are not a regular customer of abank. Select the correct answer using the codes givenbelow:
25. Which of the following is not considered one among theloans under Retail Banking?