Banking & Financial Awareness Quiz – Set 131

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. Additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns is known as____________
   A) Preferential shares
   B) Right issues
   C) Bonus shares
   D) Debenture
   
   View answer

   Option C
   
2. In accounting and finance, what does EBIT stands for?
   A) Earning Before Interest and Taxes
   B) Export Banking and Investment Trading
   C) Electronic Bond and Interest Transaction
   D) Exchange Board of Indian Trading
   
   View answer

   Option A
   
3. The investment banks facilitate the sale of securities in which market?
   A) Retail market
   B) Primary market
   C) Wholesale market
   D) Secondary market
   
   View answer

   Option D
   
4. When we divide the core capital of the bank with the aggregated risk weighted assets, the outcome that we receive is known as__________
   A) SLR
   B) GAAR
   C) CRAR
   D) LAF
   
   View answer

   Option C
   
5. SDR are supplementary foreign-exchange reserve assets defined and maintained by
   A) RBI
   B) IMF
   C) World Bank
   D) ADB
   
   View answer

   Option B
   
6. Who is the beneficiary of the Letter of Credit?
   A) Exporter
   B) Paying Bank
   C) Issuing Bank
   D) Importer
   
   View answer

   Option A
   
7.  Which of these is a process developed by SEBI for applying to IPO?
   A) DEMAT
   B) SCSB
   C) FPO
   D) ASBA
   
   View answer

   Option D
   Explanation: Applications Supported by Blocked Amount is a process developed by the India’s Stock Market Regulator SEBI for applying to IPO.
8. If Cash Reserve Ratio is lowered, the credit creation will _____________
   A) Decrease
   B) Increase
   C) Remain unchanged
   D) Cannot be determined
   
   View answer

   Option B
   
9. Hilton Young Commission is related to which of these?
   A) RBI
   B) RRB
   C) NABARD
   D) SEBI
   
   View answer

   Option A
   
10. Foreign Institutional Investors (FII) are required to register with which institution to invest in Indian market?
    A) RBI
    B) IBA
    C) SEBI
    D) IRDAI
    
    View answer

    Option C
    

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