Banking Awareness Exam

Which one is the First Regional Rural Bank in India?

1 Mark(s)

Kashi Gomti Samyut Gramin Bank
Andhra Pradesh GrameenaVikas Bank
Prathama Bank
Bharatiya Mahila Bank

Which of the payment Services is available 24*7 ?

1 Mark(s)

NEFT
IMPS
RTGS
UPI

Which is the oldest joint stock bank of India functioning till today ?

1 Mark(s)

Bank of India
State Bank of India
Dena Bank
Allahabad Bank

Which of the following statements is/are true about Co-operative Banks in India?

1 Mark(s)

It has a three-tire set-up
State Co-operative Banks does not have access to RBI
It is an urban oriented Bank
It functions on sound business principles

Which of the following statements is/are true about Banking Ombudsman ?

1 Mark(s)

It is a Collateral Judicial Authority
It is a Quasi Judicial Authority
It is a Bi-Lateral Judicial Authority
All of these

RBI is going to launch which of the following currency notes for the first time ?

1 Mark(s)

Rs. 300
Rs. 200
Rs. 70
Rs. 5000

Who is the Chairman and MD of ITPO ?

1 Mark(s)

A K Sahai
L C Goyal
Urjit Patel
Nareswar Swami

Which of the following is not a feature of upcoming Re. 1 note?

1 Mark(s)

It will be pink-green on the obverse and reverse in combination with other colours
It will bear the rupee symbol
It will be issued by the Reserve Bank of India
The watermarks will include Ashoka Pillar, hidden numeral 1 and hidden word Bharat in Hindi

Which of the following regulates the Mutual Fund ?

1 Mark(s)

SIDBI
FRBI
RBI
SEBI

What is the current Bank Rate of India ?

1 Mark(s)

6.5%
0.0625
7%
5.25%

Which of the following statements is/are true about KYC?

1 Mark(s)

It stands for 'Know Your Customer'
It is the process of banking business identifying and verifying the identity of it's clients
It's main purpose is to stop illegal money laundering
All of these

Bank accepts interest free deposits in which of the following cases ?

1 Mark(s)

Savings Account
Savings Account for Minors
Deposits of Minority Groups
Current Account

Which of the following statements is/are true about Marginal Standing Funding?

1 Mark(s)

Banks can avail funds on overnight basis below the stipulated SLR up to two per cent of their respective Net Demand
Banks can avail funds from the RBI on overnight basis against their excess SLR holdings
Bank can meet meet the liquidity requirements of mutual funds
All of these

Who is appointed as the MD and CEO of National Stock Exchange of India ?

1 Mark(s)

Harsh Bhatt
Vikram Limaye
Rahul Kumar
Arjun Chandela

ARM stands for which of the following ?

1 Mark(s)

Assured Rate Mortgage
Adjusted Rate Mortgage
Additional Rate Mortgage
Advanced Rate Mortgage

Which of the following is not a Public Sector Bank?

1 Mark(s)

IFCI
EXIM Bank
SIDBI
HDFC

Experience Our Expertise' is the tagline of which bank ?

1 Mark(s)

Axis Bank
Bandhan Bank
HDFC Bank
Yes Bank

What is the minimum number of banks that should be involved in Chain Banking ?

1 Mark(s)

4
5
7
3

Relationship beyond banking' is the tagline of which bank ?

1 Mark(s)

Bank of India
Bank of Baroda
Oriental Bank of Commerce
Dena Bank

What do you mean by 'Tax Haven' ?

1 Mark(s)

It is a country where people need not to pay Municipal tax
It is a country where people can dump the illegal money without any problem
It is a country where foreigners need not to pay any tax on their income
It is a country where people need not to pay Luxury tax

What is known as the Bank advances of a bank ?

1 Mark(s)

Non Performing Assets
Overdrawn accounts
Bad debts
Out of order accounts

Which of the following is not a Bank?

1 Mark(s)

HSBC
BNP Paribas
Barclays
Lufthansa

Which was the first indian bank started solely with Indian Capital?

1 Mark(s)

Punjab National Bank
Andhra Bank
Indian Overseas Bank
Syndicate Bank

Which of the following is not considered as a Govt. Security ?

1 Mark(s)

Dated Securities
Call or Put Option Bonds
T-Bill
Floating rate Bonds

MCLR stands for which of the following ?

1 Mark(s)

Maximum Cost of Funds based Lending Rate
Maintenance Cost of Funds based Lending Rate
Minimum Cost of Funds based Lending Rate
Marginal Cost of Funds based Lending Rate

Commercial Papers is issued by whom ?

1 Mark(s)

Bank to Bank
Bank to Company
Company to Bank
Supplier to Company

NUUP stands for which of the following ?

1 Mark(s)

Nationalized Uniform USSD Platform
New Universal USSD Platform
National Unified USSD Platform
New Unified USSD Platform

FCEB stands for which of the following ?

1 Mark(s)

Foreign Currency Exchangeable Bond
Foreign Currency External Bond
Foreign Currency Export Bond
Foreign Currency Exchange Bond

Which of the following taxes are bounded with GST ?

1 Mark(s)

Entry Tax
Luxury Tax
Food Tax
All of these

With which bank Shriram Group Insurance companies has made an agreement to explore the merger possibility ?

1 Mark(s)

HSBC Bank
Axis Bank
IDFC Bank
ICICI Bank

Banking Awareness Exam : Question 1 of 30