Banking Awareness Quiz – Set 65 – 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.
- The dishonouring of cheque by a bank means_______________
A) Settlement of the cheque
B) Withdrawing of the cheque
C) Nullifying of the cheque
D) Return of the cheque unpaid
- The mortgage is a security that is created on ____________________
A) Movable property for a loan given by a bank
B) Immovable property for a deposit received by a bank
C) Immovable property for a loan given by a bank
D) Movable property for a deposit received by a bank
- The Primary Dealers (PDs) are those who deals in _____________
A) Government Securities
B) Equities
C) Debentures
D) Corporate Bonds
- Define lease.
A) Rental agreement between a tenant and owner of a house, where tenant pays a specified amount on a specified date to the owner
B) Legal contract between the owner of an asset and its user containing conditions including payment of specified amount by user to the owner for use of the asset
C) Method to take over a company
D) Contract to buy a machinery for a specified period
- Basel norms are associated with which of the following aspects of the banking industry?
A) Manpower Planning
B) Overdraft Credit Facility
C) Risk Management
D) Corporate Governance
- The Forward Markets Commission is responsible for regulation of which type of trading in India?
A) Currency future trading
B) Derivative future trading
C) Equity future trading
D) Commodities future trading
- NFS is the largest network of shared automated teller machines in India. It stands for National Financial _____________
A) Switch
B) Services
C) System
D) Server
- India’s first Islamic bank has been launched in which state?
A) Jammu & Kashmir
B) Punjab
C) Rajasthan
D) Kerala
- The Basel committee has defined capital in two tiers (Tier I and Tier II). What does Tier I capital denotes?
A) Net Capital
B) Gross Capital
C) Core Capital
D) Working Capital
- Who formulates, implements and monitors the Monetary Policy in India?
A) Ministry of Finance
B) Reserve Bank of India
C) Indian Banks’ Association
D) SEBI