Banking Awareness Quiz – Set 62 – Miscellaneous

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. Which among the following is also referred to as the smart money?
   A) Internet banking
   B) Credit cards
   C) Treasury bills
   D) Foreign currency
   
   View answer

   Option B
   
2. Which of the given information is necessary to transfer funds via the RTGS facility?
   A) Beneficiary’s bank account number
   B) IFSC number of the beneficiary’s bank branch
   C) Minimum amount to be transferred
   D) All of the above
   
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   Option D
   
3. What does B2B specify in e-commerce field?
   A) Trade between business to business
   B) Deal between business to bank
   C) Transaction between banks and capitalists
   D) All of the above
   
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   Option A
   
4. What does the term ‘Blue Chip’ company denotes?
   A) Preference shares of public limited companies
   B) Shares initially allotted to promoter directors
   C) Shares of professionally managed companies with impressive track record
   D) Government securities printed in blue ink which is readily marketable
   
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   Option C
   Explanation: A blue chip companies are corporation with a national reputation for quality, reliability, and the ability to operate profitably in good times and bad.
5. The financial inclusion initiative is meant for _____________
   A) Less privileged persons
   B) Senior citizens
   C) Micro finance institutions
   D) All of the above
   
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   Option A
   
6. Which among the given options will be treated as an unsecured loan?
   A) Housing loan
   B) Vehicle loan
   C) Personal loan
   D) Agricultural loan
   
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   Option C
   
7. Which organisation in India is tasked to maintain the credit history of the individual borrowers?
   A) RBI
   B) CIBIL
   C) CARE
   D) CRISIL
   
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   Option B
   
8. ECB is a platform to raise funds from overseas. What does ECB stands for?
   A) Essential Commodity Buyers
   B) External Credit and Business
   C) Essential Commodities Borrowing
   D) External Commercial Borrowing
   
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   Option D
   
9. When we speak of the terms like angel investors, seed funds, venture capitals, we are talking about ____________
   A) Types of Investors willing to promote a new business idea/venture
   B) Foreign investors with substantial financial strength
   C) High net worth individuals looking for suitable investments
   D) Individuals willing to invest in financial companies
   
   View answer

   Option A
   
10. The priority sector lending does not include which of the following?
    A) Agricultural lending
    B) Education loans
    C) Auto loans
    D) Small scale sector loans
    
    View answer

    Option C
    

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