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.
- Mixed Banking is the system in which banks undertake activities of _______ and investment banking together.
A) Commercial
B) Personal
C) Retail
D) Cooperative
- Which among the following types of account can be opened under NRO?
A) Term Deposit
B) Recurring
C) Savings
D) Current
- ___________ is known as the difference between the outflow and inflow of foreign currency:
A) Current Account Deficit
B) Fiscal Deficit
C) Foreign Exchange Reserves
D) Balance of Payments
- Bank branches are established under ____________ of Banking Regulations Act, 1949.
A) Section 20
B) Section 21
C) Section 22
D) Section 23
- National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up under the______________.
A) National Housing Bank Act, 1985
B) National Housing Bank Act, 1986
C) National Housing Bank Act, 1987
D) National Housing Bank Act, 1988
- What is the full form of ICICI bank?
A) Industrial Credit and Investment Corporation of India
B) Investment Credit and Industrial Corporation of India
C) Industrial Corporation and Investment Credit of India
D) Investment Corporation and Industrial Credit of Indiar
- What is D in BSBDA?
A) Drawee
B) Drawer
C) Deposit
D) Debit
- What is the minimum number of free withdrawals through ATMs in BSBDA?
A) 5
B) 4
C) 2
D) 3
- A fiscal deficit occurs
A) When a government’s total expenditures exceed the revenue that it generates, excluding money from borrowings.
B) When a government’s total expenditures goes below the revenue that it generates, excluding money from borrowings.
C) When a government’s total savings exceed the revenue that it generates, excluding money from borrowings.
D) When a government’s total savings goes below the revenue that it generates, excluding money from borrowings.
- Currency Chest is the property of :
A) State Bank of India
B) Government of India
C) Reserve Bank of India
D) None of these