Monday, 26 September 2016

Quiz on Banking and Financial Awareness for Bank Exams

Here’s the Quiz on Banking and Financial Awareness for Bank Exams. Banking & Financial Awareness Quiz based on recent news. You must attempt this quiz to improve your score in Banking Awareness section of various exams. Do the quiz and test your preparation.

The financial & banking awareness is an important part of General Awareness section in all banking & insurance exams. To score good marks in this section you must have knowledge about banking and financial news. So, we are providing you a quiz which will help you in your preparation.

Question No. 1. Capital markets are also kown as_____________.
(1) financial markets
(2) financial institution
(3) Share Markets
(4) All of the above
(5) None of the above

Question No. 2. UNICEF stand for United Nations Children's Fund and a Nonprofit organization Its headquartered situated in______________?
(1) Japan
(2) USA
(3) New York
(4) New Delhi
(5) Mumbai

Question No. 3. City Union Bank Headquarter situated in______________?
(1) Tamil Nadu
(2) Maharashtra
(3) Asam
(4) New Delhi
(5) Mumbai

Question No. 4. To promote the concept of charity towards the poor and the needy, the Indian government has been regularly encouraging people to donate and this donation can also be claimed as a deduction under___________?
(1)  Section 80F
(2)  Section 80G
(3)  Section 81F
(4)  Section 81G
(5)  Section 80

Question No. 5. In Insurance, The insured receives a contract, called the__________.
(1)  Insurance agreement
(2)  Insurance policy
(3)  Insurance MOU
(4)  Both 1 and 2
(5)  None of these

Question No. 6. In Online Banking information processing system, A touchscreen is a/an___________?
(1)  Input device
(2)  Output device
(3)  Touch device
(4)  All of the above
(5)  None of these

Question No. 7. India's central banking institution, which controls the monetary policy of the Indian rupee.
(1)  Central Bank of India
(2)  Reserve Bank of India (RBI)
(3)  Govt. of India
(4)  Bombay Stock Exchange 
(5)  All of these

Question No. 8. Which among the following is NOT a subsidiary of RBI?
(1)  National Housing Bank 
(2)  NABARD 
(3)  Bharatiya Reserve Bank Note Mudran Private Limited 
(4)  SIDBI 
(5)  All of these

Question No. 9. What is the objective of the government behind setting up a Minimum Export Price (MEP) for a particular commodity?
(1)  To promote exports
(2)  To discourage imports
(3)  To check price rise
(4)  To provide subsidy to producers
(5)  All of these

Question No. 10. ASBA (Application Supported by Blocked Amounts) used with the help of banks associated with________________.
(1)  Capital Market
(2)  Loans
(3)  World Bank Grants
(4)  Ponzi Schemes
(5)  All of these

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

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