Monday, 5 September 2016

Banking Awareness for SBI/IBPS Bank Clerk/PO/SO/RRB & RBI exams

Banking Awareness for SBI/IBPS Bank Clerk/PO/SO/RRB & RBI exams: Hello Readers. Banking Awareness Study Material for Bank Exams. Banking Awareness Questions and Answers for IBPS, RBI, SBI Exams. Banking Awareness is one the most important part of every Bank exam like SBI PO and Clerk, IBPS PO and Clerk and also in SSC CGL. In this video I am discussing the Some important terms related like CRR, SLR, NDTL in simple manner so that everyone can understand the concept of this. 

After our previous post Banking & Finance Awareness 2016 PDF this is very expected questions from previous IBPS Question Papers. You stay tuned with our portal and Get Important & Expected Banking & Current Affairs Questions for upcoming exams. IBPS and SBI contains banking questions along with general awareness section.

Below are given bank related questions to update you.

Question No. 1 NBFCs are an important part of the Indian financial system. what is meant by this term?
(1) New Banking Financial Companies
(2) Non Banking Financial Companies
(3) Neo Banking Financial Confederation
(4) Non banking Fiscal Companies
(5) None of these

Question No. 2 What is a stale cheque?
(1) A cheque issued without drawer's signature.
(2) A cheque with only signature of the drawer.
(3) A cheque which has completed 3 months from the date of its issue.
(4) Any one of the above.
(5) None of these

Question No. 3 Where is the head office of Insurance Regulatory Development Authority?
(1) Kolkata
(2) Mumba
(3) Hyderabad
(4) Chennai
(5) Delhi

Question No. 4 USSD stands for?
(1) Unstructured Supplementary Service Data
(2) Universal Supplementary Service Data
(3) Unstructured Standard Service Data
(4) Unstructured Supplementary Service Dairy
(5) Unstructured Supplementary Stolen Data

Question No. 5 A cheque returned for insufficiency of funds. Payee will have right to notice and approach court of law for justice under section 138 of which act?
(1) Indian Penal Code
(2) Negotiable Instrument Act
(3) Criminal Procedure Code
(4) Payment and Settlement Act
(5) Indian Contract Act

Question No. 6 Which of the following is not a primary function of a Bank?
(1) Granting loans
(2) Collecting cheques/ drafts of Customers
(3) Arranging VISA for students for abroad education
(4) Issuing bank drafts
(5) Selling Gold/Silver Coins.

Question No. 7 Which of the following is not classified as a Commercial Bank?
(1) Public Sector Bank
(2) Foreign Bank
(3) Private Sector Bank
(4) Regional Rural Bank
(5) Urban Cooperative Bank

Question No. 8 The name 'Bluetooth' gets its name from a 10th century king of?
(1) China
(2) Denmark
(3) Greece
(4) Thailand
(5) Spain

Question No. 9 Which of the following tools is used by the RBI to control credit and monetary situations of the markets?
(1) RTGS
(2) NEFT
(3) ECS
(4) CRR
(5) Balance of trade

Question No. 10 Which of the following is not a banking term?
(1) Letter of credit
(3) Factoring services
(4) Entry load
(5) None of these

Read more Questions and Answers Related to Bank Exam Preparation Banking Awareness Click here

Answer Key...
1. 2
2. 3
3. 3
4. 1
5. 2
6. 3
7. 5
8. 2
9. 4
10. 4

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