Sunday, 17 July 2016

Important Banking and Financial Awareness Quiz for SBI and IBPS Exams

Q.1. The 58th meeting of NDC Held on___________?
(1) 07 December 2015
(2) 17 December 2014
(3) 27 December 2013
(4) 27 December 2012
(5) None of these


Q.2. Bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934 called__________.
(1) Payments Bank
(2) Scheduled bank
(3) Non-scheduled banks
(4) Both 1, 2 and 3
(5) None of these

Q.3. Public sector banks are ___________?
(1) Scheduled commercial banks
(2) Non-scheduled banks
(3) Payments Bank
(4) Both 1, 2 and 3
(5) None of these

Q.4. Term 'Cash Retraction' is mainly used in______?
(1) ATM's
(2) NEFT
(3) RTGS
(4) Both 2 and 3
(5) None of these

Q.5. In finance and economics, a monetary authority is the entity which controls the__________? 
(1) Bank working and its Functionality
(2) Money supply of a given currency
(3) Finincial institution
(4) Both 2 and 3
(5) None of these



Q.6. RBI runs a monetary museum, where is situated__?
(1) Karnataka
(2) Maharashtra
(3) Delhi
(4) Madhya Pradesh
(5) None of these

Q.7. RBI has launched a website to provides information about identifying fake currency.
(1) https://www.rbi.org.in
(2) https://paisaboltahai.rbi.org.in
(3) https://paisaboltahai.rbi.org.com
(4) https://www.rbi.org.com
(5) None of these

Q.8. The National Housing Bank (NHB) was established in ________? 
(1) 1988
(2) 1935
(3) 2014
(4) 2012
(5) None of these



Answer Key:
1. 1
2. 2
3. 1
4. 1
5. 2
6. 2
7. 2
8. 1

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