*****BANKING AWARENESS QUIZ FOR SBI PO****** [1] The Capital Market of Indian financial system deals with which of the following funds? 1. Hedge funds 2. Short-term funds 3. Long-term Funds 4. Government Funds Ans - Long-term Funds [2] Which of the below acts as the principle regulator in the capital market in India? 1. IRDA 2. RBI 3. SIDBI 4. SEBI Ans - SEBI [3] The security which is a claim on the government and is a secure financial instrument guarantees certainty of both capital and interest is called? 1. Gilt-Edged Security 2. Call Money 3. Treasury Bills 4. Certificate of Deposits Ans - Gilt-Edged Security [4] Banks generally borrow funds from which of the following money markets to meet the mandatory Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements as stipulated by the Central bank? 1. Notice Money Market 2. Call Money Market 3. Bill Market 4. Money Market Ans - Call Money Market [5] Which one of the following agency is a creditor’s rating agency? 1. ICRA 2. CARE 3. CRISIL 4. All of the Above Ans - All of the Above [6] Which of the following bank acts as a government banker? 1. State Bank of India 2. All Public Sector Banks 3. Co-operative Banks 4. Scheduled Banks Ans - State Bank of India [7] Reserve Bank of India was setup on the recommendations of which of the following commission/committee? 1. Royal Commission 2. Hilton Young Commission 3. Dantwala Committee 4. D R Mehta Commission Ans - Hilton Young Commission [8] The Central bank of India, RBI, reviews the monetary policy for every 1. Three Months 2. Six Months 3. Nine Months 4. Twelve Months Ans - Three Months [9] The Deposit insurance facility provided by the DICGC is not available for which of the following 1. LIC 2. GIC 3. SIDBI 4. NBFC Ans - NBFC [10] Which of the following is a Development Bank in India? 1. IFCI 2. IDBI 3. NHB 4. All of the Above Ans - All of the above [11] The bank which refinances the loans given to the poor and weaker sections to construct or buy houses is 1. SIDBI 2. IDBI 3. NHB 4. IIBI Ans - NHB [12] ACH is a nationwide automated electronic system that monitors and administers the process of check and fund clearance between banks. Expand ACH. 1. Automatic Check Clearing House 2. Automated Check House 3. Automated Clearing House 4. Automatic Clearing House Ans - Automated Clearing House [13] The appointments of Banking Ombudsman will be carried out by which of the following? 1. Finance Ministry 2. RBI 3. Govt. of India 4. SEBI Ans - RBI [14] All the Venture Capital Funds must be registered and should get a grant of certificate from which of the following? 1. SEBI 2. RBI 3. Industrial Finance Corporation of India Limited (IFCI) 4. Industrial Investment Bank of India Limited (IIBI) Ans - SEBI [15] After the recommendations of which of the following committee the Regional Rural Banks were setup? 1. Sarayya Committee 2. Kapoor Committee 3. Narasimhan Committee 4. Rangarajan Committee Ans - Narasimhan Committee [16]Self Help Group (SHG) Bank Linkgage programme was first launched by 1. RRBs 2. NABARD 3. SBI 4. RBI Ans - NABARD [17] As part of the Financial Inclusion the following acts as an alternative to the Branch Banking. 1. Online Banking 2. Mobile banking 3. Issuing of ATM Cards 4. Kiosks Ans - Mobile banking [18] The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of 1. Rs.1,00,000/- 2. Rs.25,000/- 3. Rs.50,000/- 4. Rs.75,000/- Ans - Rs.50,000/- [19] The Bank for International Settlements (BIS) which provides the Banking supervision accords is located in which country 1. England 2. USA 3. France 4. Switzerland Ans - Switzerland [20] What is the Cash Reserve Ratio (CRR) at present? 1. 4% 2. 4.25% 3. 4.5% 4. 4.75% Ans - 4%
Posted on: Sat, 10 May 2014 06:28:24 +0000