Important Banking Awareness Questions for Upcoming Exams 2017

Important Banking Awareness Questions for Upcoming Exams 2017

Important Banking Awareness Questions for Upcoming Exams 2017 Set-98:

Dear Readers, The List of important Banking Awareness Quiz for upcoming exams was given here. Candidates those who are preparing for the exams can use this.

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1). The Chairman of SEBI is nominated by?

a)  Union Finance Ministry

b)  RBI
c)  Government of India
d)  All of these
e)  None of these


2). Banking services provided to Special Economic Zones(SEZ) units have been exempted from _________
a)  Sales Tax
b)  Securities Transaction Tax – STT.
c)  Central Excise Duty
d)  Service Tax
e)  None of the Above


3). What is the full form of forex?
a)  Foreign Exemption
b)  Foreign Exchange
c)  Foreign Expert
d)  Foreign Expansion
e)  None of the above


4). Stock Exchanges generally work in –
a)  Primary Market
b)  Secondary Market
c)  Money Market
d)  Financial Market
e)  None of the above


5). Loan of very sall amount given to low income group is called-
a)  Cash Credit
b)  No Frill Credit
c)  Rural Credit
d)  Micro Credit
e)  Simple Overdraft


6). Increase in net RBI creit for central government represents-
a)  Budgetary deficit
b)  monetized deficit
c)  Fiscal deficit
d)  Revenue deficit
e)  None of these


7). National stock exchange is located –
a)  New Delhi
b)  Mumbai
c)  Kolkata
d)  Bangalore
e)  None of these


8). Where is the head quarter of world Health organization (WHO)?
a)  New York
b)  Jineva
c)  Peris
d)  London
e)  None of these


9). Merchant banking in India is governed by:-
a)  SEBI
b)  RBI
c)  IRDA
d)  ministry of finance
e)  None of these


10). Which of the following are functions of foreign bank?
a. remitting money from one country to another.
b. discounting of foreign bills.
c. buying and selling of metals.
d. helping in import and export trade.
a)  only a and b
b)  b and c
c)  a b and c
d)  iv all of the above
e)  None of these

Answer:
1. C)   2. D)   3. B)   4. B)   5. D)  6. B)   7. B)   8. B)   9. A)   10. D)

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