Important Banking Awareness Quiz for Bank PO and Clerk Exams Set-2

    Important Banking Awareness Quiz set-2
    Important Banking Awareness Quiz for Bank PO and Clerk Exams Set-2:
    The List of important Banking Awareness Quiz for upcoming Bank Po and Clerk exams was given here. Candidates those who are preparing for the exams can use this.

    1).What will happen if the RBI increases the Cash Reserve Ratio?

    a)   All other banks will decreases its interest rate
    b)   All other banks will increase its interest rate
    c)   The value of money multiplier increases
    d)   The value of money multiplier decreases


  • 2).Which is the first share market that was established in India?
    a)   Mumbai
    b)   Kolkata
    c)   Delhi
    d)   Hyderabad


  • 3).Commercial paper is a short term security issued by _______ to raise funds.
    a)   National Stock Exchange
    b)   Large and well known companies
    c)   Commercial Banks
    d)   RBI


  • 4).Among the following, which is NOT a money market instrument?
    a)   Repo
    b)   Commercial Paper
    c)   Treasury Bond
    d)   Treasury Bill


  • 5).Which of the following types of institutions operates in the call money market only as lender?
    a)   State Bank of India
    b)   Commercial Bank
    c)   SBI
    d)   Insurance Companies


  • 6).What is the name of the organization which was established by State bank of India to buy and sell the Government Securities?
    a)   SBI Gilts Limited
    b)   SBI Securities Limited
    c)   SBI Loans Limited
    d)   SBI Gibbs Limited


  • 7).What is the money, which was accepted temporary in lieu of gold?
    a)   Grass Money
    b)   Fiat Money
    c)   Gold Money
    d)   Fluid Money


  • 8).Among the following terms which is NOT related to Banking and Finance?
    a)   Heir
    b)   Line of Credit
    c)   Annuity
    d)   Lipitor


  • 9).In India, the coins are minted at_______.
    a)   Kolkata
    b)   Noida
    c)   Mumbai
    d)   All of these


  • 10).What is the name of the Act which was specially formed to deal with the problems of Non-performing assets in the banking?
    a)   Management of Non-Performing Assets Act
    b)   Industrial Coverage Act
    c)   SARFAESI Act
    d)   None of these


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