Banking Quiz.

Banking Awareness Quiz – Set 195

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. YTM stands for?
    A) Year to Maturity

    B) Years to Maturity
    C) Yield to Maturity
    D) Yarn to Maturity
    View answer
      Option
    Explanation: Yield To Maturity .
  2. Which of the following public sector banks has the largest number of branches in foreign countries?
    A) Bank of India

    B) Bank of Baroda
    C) Punjab National Bank
    D) Corporation Bank
    View answer
      Option B
    Explanation: Bank of Baroda.
  3. The total amount of money available in an economy at a specific time is known as
    A) Hard Money

    B) Soft Money
    C) Near Money
    D) Money Stock
    View answer
      Option D
    Explanation: Money Stock.   
  4. Who has the sole rights to appoint Banking Ombdusman?
    A) Finance Secretary

    B) Bank’s MD and CEO
    C) Reserve Bank of India
    D) Government of India
    View answer
    Option C
    Explanation: Reserve Bank of India.
  5. Which banks have comfortably retained the top rank in terms of profits /employee, as per the data released by the Reserve Bank of India ?
    A) Public Sector banks

    B) Private Sector Banks
    C) Foreign Banks
    D) Co-operative Banks
    View answer
    Option C
    Explanation:
    Foreign Banks.
  6. The Holidays of the Banks are declared as per
    A) Banking in India Act

    B) Reserve bank of India Act
    C) Negotiable Instruments Act
    D) Banking Regulations Act
    View answer
      Option C
    Explanation: Hot Currency.
  7. The RBI regulates the Commercial Banks in matters of
    A) Mergers of Banks

    B) Branch Expansion
    C) Liquidity of assets
    D) All the above
    View answer
    Option D
    Explanation:
    All of the above.
  8. In India, the currency notes and coins of one rupee and lower denomination are issued by
    A) Reserve Bank of India

    B) Ministry of Finance
    C) Indian Government
    D) None of the above
    Spoiler title
      Option B
    Explanation: Ministry of Finance.
  9. Brent Index is associated with which one of the following?
    A) Inflation

    B) Crude Oil Price
    C) Gold Price
    D) Export Rate Index
    View answer
      Option B
    Explanation: Crude Oil Price.
  10. In Indian Economy, which of the following is also called Narrow Money?
    A) M1

    B) M2
    C) M3
    D) M4
    View answer
      Option B
    Explanation:  M1.

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