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Banking Awareness Quiz – Set 229

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. A ____________ market is one which deals in government backed securities.
    A) money

    B) capital
    C) short term
    D) gilt-edged
    View answer
      Option D
    Explanation: gilt edged market
  2. Which of the following shares does not gives voting right?
    A) Ordinary Share

    B) Redeemable shares
    C) Preference shares
    D) Equity Shares
    View answer
      Option C
    Explanation: Preference shares are usually non-voting
  3. Which of the following is termed as “watchdog of share market” in India?
    A) RBI

    B) Ministry of Finance
    C) SEBI
    D) SIDBI
    View answer
    Option C
    Explanation: SEBI is the regulator of stock market in India.
  4. The trading software NEAT is owned by?
    A) SEBI

    B) RBI
    C) NSE
    D) BSE
    View answer
    Option C
    Explanation: The trading software- “National Exchange for Automatic Trading (NEAT)” was launched by NSE.
  5. India’s first credit rating agency commissioned its operation in which year?
    A) 1987

    B) 1988
    C) 1999
    D) 1990
    View answer
    Option B
    Explanation: CRISIL is India’s first rating agency and it started its operation in 1988.
  6. _____________ is an income which is received by a person without doing any work.
    A) Factor Income

    B) Transfer Income
    C) Active Income
    D) Domestic Income
    View answer
    Option B
    Explanation: transfer income- like- old age pension, scholarship to students.
  7. What is the base year for National Income?
    A) 2010-11

    B) 2011-12
    C) 2312-13
    D) 2009-10
    View answer
    Option B
    Explanation: 2011-12
  8. Which of the following organization replaced the “General Agreement on Tariffs and Trade (GATT)” in 1995.
    A) IMF

    B) World Bank
    C) WTO
    D) UNCTAD
    View answer
    Option C
    Explanation: World Trade Organisation replaced it
  9. The stock which is left with the business/company at the end of any financial year is termed as ______.
    A) opening stock

    B) closing stock
    C) nominal stock
    D) relevant stock
    View answer
    Option B
    Explanation: closing stock
  10. Moral Suasion is a method in which the central bank persuades the commercial banks to advance credit in accordance with the directives of the central bank.
    A) Moral Suasion

    B) Soft Credit
    C) Monetary Policy
    D) Open Market Operations
    View answer
    Option A
    Explanation: Moral Suasion

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