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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. Many a time we read in newspapers about -˜FinancialInclusion-™. What does it really mean?(1) Allow the merger and acquisition of banks so thatonly few big banks exist and continue to cater to theneed of corporate sector.(2) Expanding the network of banks in such a way thatpeople from lower strata of society also get the benefit ofservices provided by banks.(3) Providing insurance cover to each and every citizenso that he/she can live a healthy and long life.
2. The most prominent national level micro finance apexorganisation providing micro credit services for womenin India is
3. The rate of interest payable on a bank deposits isdetermined by
4. Who amongst the following cannot open an account inany bank in India?
5. Which of the following is/are the rights of customertowards his banker?
6. The Narasimham Committee - 1991 has given which ofthe following major recommendations?I. Reduction in the SLR and CRR.II. Phasing out Directed Credit Programme.III. The determination of the interest rate should be onthe grounds of market forces such as the demand for andthe supply of fund.IV. The actual numbers of public sector banks need to bereduced.V. Narrow banking concept where weak banks will beallowed to place their funds only in short-term and riskfree as.Select the correct answer using the codes given below:
7. Global Economic Prospects (GEP) report revised downthe economic growth forecast for developing world in2014 from5.3 percent to
8. Which of the following organisations/ agencies workssolely to monitor and arrange flow of agriculture creditin India?
9. In our country - now a cheque remains valid for paymentfor ............ from the date of issue.
10. An anna was equal to
11. Which of the following is/are the Non-tax Revenuecomponents of the Union Budget of India?I. Customs DutiesII. Interest ReceiptsIII. Dividends and Profits Select the correct answer usingthe codes given below:
12. The main objective(s) of National Housing Bank is/are
13. Which of the following statements about the NABARDis/are TRUE?(1) NABARD has a dual role to play as it is an apex bodyand a refinance institution.(2) NABARD services as a refinance institution for allkinds of production and investment credit to agricultureand cottage and village industries.(3) NABARD accepts short-term deposits from the publiclike any other bank to improve its capital base.
14. Which of the following training establishment is not runby Reserve Bank of India?
15. Which of the following banks has opened the country-™sfirst - -˜Cash Factory-™ in Lucknow which will issuecurrency notes to all its branches and ATM in that area?
16. Which of the following is not a negotiable instrument?
17. Travellers cheque is
18. By virtue of the amendment carried out by the RegionalRural Bank (Amendment) Act - 1987 - the Chairman of aRegional Rural Bank (RRB) is to be appointed by
19. Which of the following is true?
20. When was the Avadh Commercial Bank established?
21. What do you understand by 'Para Banking' services?
22. 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.
23. In banking parlance - -˜Sub-prime-™ refers to
24. The formation of the 14th Finance Commission in Indiahas been finalized. Who has been appointed to head thecommission?
25. The Reserve Bank of India has power to print currencynotes of up to Rs. ____?