Banking Quiz.

Banking Awareness Quiz – Set 192

Banking 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. So attempt all the sets now.

  1. Cash Reserve ratio is the deposit to be held by banks with ________.
    A) Banks

    B) RBI
    C) Government of India
    D) Either Banks or RBI
    View answer
      Option B
    Explanation: Banks have to maintain CRR with the RBI
  2. Depositories hold securities in _______ form.
    A) Physical

    B) Trusted
    C) Commercial
    D) Demat
    View answer
      Option D
    Explanation: Demat form
  3. What does REPO stands for in banking?
    A) Requirement Payment Order

    B) Repurchase
    C) Responsive Payment Order
    D) Required Purchase
    View answer
    Option B
    Explanation: A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities.
  4. Leasing, hire purchase and bill discounting are the domain of _______
    A) Mutual Funds

    B) SEBI
    C) Commercial Banks
    D) NBFCs
    View answer
    Option D
    Explanation: These are the functions of NBFCs
  5. Which of the following is not managed by RBI for India?
    A) Currency

    B) Stock Exchange
    C) Foreign Exchange
    D) Government Accounts
    View answer
    Option B
    Explanation: Stock Exchange is the domain of SEBI
  6. What does LAF stands for?
    A) Location Adjustment Function

    B) Liquidity Adaption Function
    C) Listed Absorption Facility
    D) Liquidity Adjustment Facility
    View answer
    Option D
    Explanation: Liquidity Adjustment Facility
  7. Which of the following cannot be the part of SLR?
    A) Cash

    B) Gold
    C) Investment in Government Securities
    D) Commercial Papers
    View answer
    Option D
    Explanation: Cash, Golds and Govt Securities can be a part of SLR.
  8. In which year was the Market Stabilization Scheme introduced?
    A) 2000

    B) 2002
    C) 2004
    D) 2006
    View answer
    Option C
    Explanation: in 2004
  9. Which of the following is not under the regulation/supervision of RBI?
    A) Private Banks

    B) NBFCs
    C) RRBs
    D) All are either regulated/supervised by RBI
    View answer
    Option D
  10. A commercial bank is designated as a lead bank in each ______ of the country.
    A) zone

    B) taluka
    C) district
    D) panchayat
    View answer
    Option C
    Explanation: district

Read More Banking Awareness Topics

Attempt Banking Awareness Quiz

Leave a Comment

Your email address will not be published. Required fields are marked *