Banking Quiz.

Banking & Financial Awareness Quiz – Set 159

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 AAOSo attempt all the sets now.

Banking & Financial Awareness Questions

  1. The multinational investment bank and financial services company, Goldman Sachs Group has its headquarter at_____________
    A) London

    B) New York
    C) Paris
    D) Bern
    View answer
    Option B
  2. The Fiscal Performance Index (FPI) has been launched by __________
    A) Institute of Chartered Accountants of India

    B) RBI
    C) FICCI
    D) Confederation of Indian Industry 
    View answer
    Option D
  3. RBI has announced a Committee under ___________ to Review the ATM Interchange Fee Structure
    A) V. G. Kannan

    B) Atul Gautam
    C) B Raj Kumar
    D) K Ramachandran
    View answer
    Option A
  4. Which of these is not in Domestic Systemically Important Banks (D-SIBs) list?
    A) SBI

    B) ICICI
    C) Kotak Mahindra Bank
    D) HDFC
    View answer
    Option C
  5. The RBI categorizes the D-SIBs based upon ____________ buckets
    A) 4

    B) 5
    C) 6
    D) 3
    View answer
    Option B
  6. Hotels and Restaurants, transport and communication comes under which of these sector of Indian economy?
    A) Industry Sector

    B) Service Sector
    C) Manufacturing Sector
    D) Public Administration
    View answer
    Option B
  7. The First Fiveyear Plan was launched in which year?
    A) 1959

    B) 1968
    C) 1942
    D) 1951
    View answer
    Option D
    Explanation:
    The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.
  8. The Foreign Trade Policy in India is regulated by ____________
    A) RBI

    B) Directorate General of Foreign Trade
    C) Ministry of Finance
    D) EXIM
    View answer
    Option B
    Explanation:
    The Foreign Trade Policy in India are regulated by Director General of foreign track (DGFT) under the act of 1992.
  9. The South Asian Free Trade Area (SAFTA) is an agreement between how many countries?
    A) 12

    B) 6
    C) 8
    D) 20
    View answer
    Option C
    Explanation:
    Its a free trade agreement between Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka
  10. The biggest contributor to foreign exchange reserve of India is  _____________
    A) foreign currency assets

    B) gold reserves
    C) special drawing rights
    D) India’s position with the International Monetary Fund
    View answer
    Option A
    Explanation:
    India’s forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs) and India’s position with the International Monetary Fund (IMF). FCAs is the largest component of the forex reserves

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