Important Banking Awareness Quiz for SBI PO Exam Preparation Set-6

    Important Banking Awareness Quiz
    Important Banking Awareness Quiz for SBI PO Exam Preparation Set-6:
    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).Among the following which is NOT an electronic banking delivery channel?
    a)   Internet Banking
    b)   Mobile Banking
    c)   ATM
    d)   Mobile Vans


  • 2).The Rate at which the domestic currency can be converted into foreign currency and vice versa is called as_______.
    a)   Exchange rate
    b)   MIBOR
    c)   LIBOR
    d)   Inter Bank Money Rate


  • 3).Crossing on a cheque can be cancelled by the _____ of the cheque, under his full signature.
    a)   Drawee
    b)   Payee
    c)   Holder
    d)   Drawer


  • 4).Which of the following category of advance accounts in NOT an NPA?
    a)   Standard Account
    b)   Substandard Account
    c)   Loss Account
    d)   None of these


  • 5).Which of the following statement is true?
    a)   Banks can accept both demand and time deposits from public
    b)   Banks cannot accept demand and time deposits from public
    c)   Banks can accept only demand deposits from public
    d)   Banks can accept demand and time deposits only from government


  • 6).Among the following which one is correct statement?
    a)   A Nationalized bank is the sole authority to issue and manage currency in India
    b)   A cooperative bank is the sole authority to issue and manage currency in India
    c)   SBI is the sole authority to issue and manage currency in India
    d)   RBI is the sole authority to issue and manage currency in India


  • 7).Interest payable on savings bank accounts is________.
    a)   Regulated by Finance Minister
    b)   Regulated by RBI
    c)   Regulated by Central Government
    d)   Regulated by SBI


  • 8).Which are all the usual deposit accounts of banks?
    a)   Current accounts, saving bank accounts and term deposit accounts
    b)   Current accounts, electricity accounts and premium accounts
    c)   Loan accounts, savings accounts and term deposit accounts
    d)   Current bill accounts and term deposit accounts.


  • 9).Fixed deposits and recurring deposits are________.
    a)   Repayable on demand
    b)   Repayable after an agreed period
    c)   Non repayable
    d)   Repayable after death of depositors


  • 10).Accounts are allowed to be operated by cheques in respect of _______.
    a)   Both Current accounts and fixed deposit accounts
    b)   Both Savings bank accounts and fixed deposit accounts
    c)   Both Savings bank accounts and cash accounts
    d)   Both Savings bank accounts and current accounts

  • Online Mock Tests 2019: