Welcome to Mentor for Bank Exams. Here I am presenting questions some important questions on Banking Awareness which are most important for upcoming bank exams like SBI PO, IBPS PO, IBPS RRB and other bank exams. Kindly make use of these!!!
1. Guarantee to an exporter that
the importer of his goods will pay immediately for the goods ordered by him, is
known as -
a) Letter of
Credit
b) Cheque
c) Demand
draft
d) Bill of
lending
e) None of the
above
2. What is Inclusive Banking?
a) Providing financial
services to low income groups at an affordable cost.
b) Doing
banking business in remote areas.
c) It is the
amount of money reserved for the government schemes.
d) Providing
financial services specially to women and children of lower income groups.
e) None of
these
3. Which of the following bank is
a housing finance regulator?
a) NABARD
b) SIDBI
c) NHB
d) RBI
e) None of the
above
4. With reference to Banking,
what is PCR?
a) Profit, Credit
Ratio
b) Provision
Credit Ratio
c)
Provisioning Coverage Ratio
d) Provision
Cash Ratio
e) None of
these
5. Which committee is related to
NPA ?
a) Khanna
Committee
b) L K Jha
Committee
c) Mahalanobis
Committee
d) C Rao
Committee
e) None of the
above
6. Which of the following are
direct instrument to control monetary policy in India?
a) CRR
b) Repo rate
c) Bank Rate
d) LAF
e) All of the
above
7. In SARFAESI Act 2002, R stands
for -
a)
Reconstruction
b) Random
c) Re-Asset
d) Rate
e) None of the
above
8. Subprime lending means
a) making
loans to people who may have difficulty maintaining the repayment schedule
b) giving
loans to retired people at concessional rates
c) lending
money to students who have no means of financing their own studies
d) lending to
specialized banks only
e) All except
3
9. Which of the following is a
manager of foreign exchange reserves ?
a) SEBI
b) IRDA
c) RBI
d) BSE
e) None of the
above
10. Commercial Papers issued in multiples
of _____
a) Rs.3 lakh
b) Rs.5 Lakh
c) Rs.1 lakh
d) Rs.2 lakh
e) None of
these
Answers:
1)a 2)a 3)c
4)c 5)b 6)a
7)a 8)a 9)c
10)b
