Banking & Financial Awareness Quiz – Set 97 – Miscellaneous

Banking & Financial Awareness Quiz: We have created many quizzes on Banking Awareness and this set is one of them. These questions are most important for banking and insurance exams. The question asked in the Banking Awareness section are based both on static banking and that to current banking in news. These Banking Awareness sets will guide you in all banking exams like IBPS Clerk, IBPS PO, SBI Clerk, SBI PO, RRB Clerk and PO and other exams.  The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.

Banking & Financial Awareness Questions

1. PSLCs increased to Rs 3.3 trillion in FY19 was in news recently. What does it stands for?
   A) Priority Sector Lending Credentials
   B) Priority Sector Lending Coupons
   C) Priority Sector Lending Credits
   D) Priority Sector Lending Certificates
   
   View answer

   Option D
   Explanation: PSLCs are Certificates that enable banks to achieve the priority sector lending target and by purchasing these PDLC instruments in the event of a shortfall.
2. Bull and Bear are related with which of the following sectors?
   A) Banking
   B) Agro-market
   C) Share Market
   D) All the above
   
   View answer

   Option C
   
3. ___________ balance is equal to capital flows from the rest of the world minus capital flows to the rest of the world
   A) Savings account
   B) Capital account
   C) Current account
   D) Assets account
   
   View answer

   Option B
   
4. What do you understand by the term Capital Gains?
   A) Portion of profit added to the capital
   B) Increment in the capital investment of a business
   C) Appreciation in the money value of assets
   D) All the above
   
   View answer

   Option C
   
5. Which among the following formulas are correct?
   A) NNP = GNP – Depreciation
   B) NDP = GNP – NNP
   C) NNP = GDP – Depreciation
   D) NNP = GNP – GDP
   
   View answer

   Option A
   
6. Of the given options, which factors determines the financial health of a country?
   A) Wholesale Index
   B) Inflation Index
   C) GDP
   D) All the above
   
   View answer

   Option C
   
7. _______ refers to the interest paid by the government on the loans raised
   A) Deficit Financing
   B) Debt Servicing
   C) Discounted Budgeting
   D) Bridge Loan
   
   View answer

   Option B
   
8. The Consumer Price Index (CPI) is determined by ________
   A) Labour Bureau
   B) RBI
   C) NITI Aayog
   D) Ministry of Finance
   
   View answer

   Option A
   
9. A Systemically Important Core Investment Company (CIC-ND-SI) is a Non-Banking Financial Company with asset size of Rs ____________ and above
   A) 200 crore
   B) 500 crore
   C) 100 crore
   D) 150 crore
   
   View answer

   Option C
   
10. We often see ‘BE’ while going through the Union budget. What does it implies?
    A) Budget Expenditure
    B) Budget Expense
    C) Budget Evaluation
    D) Budget Estimates
    
    View answer

    Option D
    

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