Home > International Baccalaureate (IB) > 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. Which of the following is NOT a foreign bank working inIndia?
2. Many a time we read in newspaper about the benefits ofNational Electronic Funds Transfer (NEFT) - a dliveryservice launched by the bank. Why do banks advocatefor such delivery channels?(1) It is a system in which no physical transfer takesplace - hence risk is very low.(2) In this system banks are not required to transfer anymoney actually to the account of the customer. Onlybook adjustment is done. Hence actual fund is notneeded.(3) This facility is available to anybody at any place. Evenhaving a bank account is not at all necessary.
3. Loansofsmallorverysmallamountsgivento low-incomegroup people are known as
4. Which of the following is the component of India-™sForeign Exchange Reserve?
5. Consider the following statements about BharitiyaMahila Bank:1. The Proposed Bank will be headquartered in Mumbai.2. It will start 6 branches in Mumbai - Delhi - Kolkata - Chennai - Indore and Guwahati. Select the correct answer using codes given below:Codes:
6. When a bank dishonors a cheque.
7. How much amount has been allocated to for Internetconnectivity in villages - in the recent Union Budget2014-15?
8. The part of a company's earnings or profits which arepaid out to shareholders is known as
9. Consider the following statements:1. Allahabad Bank was the first bank to be establishedexclusively by Indians.2. Seven banks forming subsidiary of State Bank of Indiawas nationalised in 1969Which of the statements given above is/are correct?
10. Which of the following states became the first state inthe country to launch RBI - s e-payment system forcommercial tax payers?
11. Scheduled bank means a bank
12. The Reserve Bank of India keeps on changing variousratios/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.
13. Which was the first mutual fund started in India?
14. Which of the following is true about Cooperative Banks?
15. Exim Bank also provides
16. Which one of the following methods is currently used inIndia to issue note?
17. -˜Basel III-™ norms target at which of the following?(1) Improve the banking sector-™s ability to absorb shocksarising from financial and economic stress.(2) Improve risk management and governance.(3) Strengthen banks-™ transparency. Choose the correctanswer using the codes given below:
18. GDP at factor cost is
19. Name the premier institution that is taking care of thefinancial needs of importers and exporters of ourcountry which was established in the year 1981.
20. Which of the following banks have entered capitalmarket in the wake of Narasimham Committeerecommendations?
21. The Union Budget for 1995-96 proposed the creation ofRIDF in NABARD - with a corpus of Rs. 2 - 000 cr. What isthe full form of RIDF?
22. Which of the following is not a negotiable instrument?
23. Which of the following measures have been taken toenlarge resources available to RRBs?
24. In the State of India - the State Financial Corporationhave given assistance mainly to develop
25. The chief economic advisor to the Government of Indiahas recently changed. Who is the present incumbent?

⚡ Recently practiced quizzes in this topic
Live quiz activity