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
- In case a bank is out of sufficient reserve and Central Bank is not willing to lend under certain circumstances, then which of the following steps will help banks to raise reserve?
A) Sell government securities in its possession in open market to raise funds
B) Reduce its loan to keep in cash as reserve
C) Borrow cash from other banks with excess reserve
D) All the above are true
- Which of these committees first recommended the Mechanisation in the Banking Industry?
A) Saraf Committee
B) Rangarajan Committee
C) Shore Committee
D) Narshimham Committee
- RRBs are assigned task to grant loans to which of these categories?
A) Small & Marginal Framers
B) Agricultural Laborers
C) Rural Artisans
D) All of the above
- The Indian currency note printing presses is not located in which of these cities?
A) Nasik
B) Mysore
C) Salboni
D) Aurangabad
- Which of these is not the fully owned subsidiary of RBI?
A) DICGC
B) NHB
C) ReBIT
D) BRBNMPL
- What does GAAR stands for?
A) Gross Adjusted Asset Rate
B) Guaranteed Account Analysis Ratio
C) General Anti-Avoidance Rule
D) Government Account Authenticity Receipt
- Who among the following is considered as the founder of Grameen Banks?
A) Muhammad Yunus
B) A.P.J. Abdul Kalam
C) C Rangarajan
D) Y.V. Reddy
- Which of these is an unsecured promissory note?
A) Certificate of deposit
B) Cheque
C) Over draft facility
D) Commercial papers
- India’s first talking Automated Teller Machine (ATM) for visually impaired was launched by which bank?
A) Kotak Mahindra bank
B) Union Bank of India
C) State Bank of India
D) ICICI Bank
- The Clean Note Policy of the RBI was introduced in which year?
A) 2001
B) 2000
C) 1999
D) 1997