Banking Awareness Exam

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 is known as the Money loaned by a bank or other institution which is repayable on demand ?

1 Mark(s)

Demand Loan
Cash Credit
Call Money
Short Term Loan

PLR stands for which of the following?

1 Mark(s)

Premium Interest Rate
Prime Interest Rate
Prime Investment Rate
Premium Investment Rate

Which of the following statements is true about Deflation?

1 Mark(s)

It is an increase of price of goods and services that projects Indian Economy
It happens when goods are fewer and buyers are more
It happens when there is more demand and less supply
It is a continuous decrease in prices of goods and services

"Where Service is a Way of Life" is the tagline of which bank ?

1 Mark(s)

Punjab National Bank
Punjab and Sindh Bank
Dena Bank
Vijaya Bank

Who has appointed as the CEO of Bank of India by ACC?

1 Mark(s)

Sunil Mehta
Dinabandhu Mahapatra
Melwyn Rego
Rajkiran Rai G

Which of the following Private Sector Banks of India inaugurates aadhar enrollment center?

1 Mark(s)

HDFC Bank
Axis Bank
Yes Bank
Karur Vaishya Bank

Increase in which of the following can increase the cost of borrowing and lending of the banks ?

1 Mark(s)

Base Rate
Reverse Repo Rate
MCLR
Repo Rate

In which city, RBI does not have a regional office?

1 Mark(s)

Panaji
Kolkata
Shimla
Kota

What do you mean by Net National Product of a country?

1 Mark(s)

GDP minus depreciation allowances
GNP plus depreciation allowances
GNP minus depreciation allowances
GDP plus depreciation allowances

Who is the CEO of Dena Bank ?

1 Mark(s)

Urjit Patel
Aswini Kumar
A. B Shetty
Rakesh Sharma

Which of the following banks was inaugurated by Mahatma Gandhi in 1919 ?

1 Mark(s)

SBI
Union Bank of India
Punjab and Sind Bank
Andhra Bank

Which one is the first bank to introduce robot in banking service ?

1 Mark(s)

HSBC
HDFC
ICICI
Axis Bank

BRBNMPL stands for which of the following ?

1 Mark(s)

Bengal Reserve Bank Note Mudran Private Limited
Bahujan Reserve Bank Note Mudran Private Limited
Bharatiya Reserve Bank Note Mudran Public Limited
Bharatiya Reserve Bank Note Mudran Private Limited

SLR stands for which of the following ?

1 Mark(s)

Standard Liquidity Ratio
Statutory Liquidity Ratio
Stable Liquidity Ratio
Substitute Liquidity Ratio

Which of the following banks offer loans to the poor to construct or buy houses ?

1 Mark(s)

IIBI
NHB
IDBI
SIDBI

In which city the Secretariat Office of Financial Stability Board is situated ?

1 Mark(s)

London
Nairobi
New York
Basel

Which of the following statements is/are the feature(s) of Aaykar Setu initiative launched by Ministry of Finance ?

1 Mark(s)

Finance Minister has launched the initiative
It is an e-initiative for income tax department to link with the tax payers
It must provide information on useful tax services
All of these

Which of the following is not a Representative Money ?

1 Mark(s)

Gold
Silver
Copper
None of these

Which of the following can be called as an inter-bank application ?

1 Mark(s)

Transactions of Government
Automatic Clearing House
Delivery Vs Payment
RTGS

What of the following statements is/are true about Green Banking?

1 Mark(s)

It stresses on environmental friendly practices
It aims at reducing carbon footprint from banking activities
It promotes deployment of clean energy technologies
All of these

"Taking Banking Technology to Common Man" is the tagline of which bank ?

1 Mark(s)

Dena Bank
Indian Bank
Vijaya Bank
Union Bank of India

To open a new Branch, a Bank must have the permit from RBI under which of the following acts ?

1 Mark(s)

Section 22 of RBI Act
Section 22 of SEBI
Section 22 of NABARD
Section 22 of banking Regulation Act

Which of the following statements is not true about the upcoming Rs. 500 currency notes?

1 Mark(s)

It's design will be similar to the 2017 introduced Rs. 500 currency notes
It will have the signature of Dr. Urjit K Patel
It will bear the printing year 2017 on the reverse side
None of these

PCA stands for which of the following ?

1 Mark(s)

Prompt Corrective Action
Prominent Corrective Action
Process Corrective Action
Product Corrective Action

Who is the CEO of Punjab National Bank ?

1 Mark(s)

Urjit Patel
Sunil Mehta
Sikha Sharma
Sushil Desai

Who governs the purchases of securities ?

1 Mark(s)

Transaction Tax
Securities Tax
Purchase Tax
Securities Transaction Tax

What is/are the function(s) of the GST rate Finder App ?

1 Mark(s)

To verify accurate tax rate on commodity and services under GST
To benefit tax payers
To let every one know how much GST is charged on a particular good and service
All of these

Who is the CEO of Punjab And Sind Bank ?

1 Mark(s)

Urjit Patel
Jatinder Bir Singh
Aditya Puri
Amitabh Chawla

Indus OS has joined hand with which of the following banks for launching the "OS- integrated UPI payment platform" in India ?

1 Mark(s)

ICICI Bank
Axis Bank
Yes Bank
HDFC Bank

Banking Awareness Exam : Question 1 of 30