Banking Awareness Quiz – Set 85 – 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.  The set will be beneficial for the Banking and financial awareness section of LIC AAO. So attempt all the sets now.

Banking Awareness Questions

1. Pick the odd one out
   A) Call/Notice money
   B) Certificate of deposit
   C) Treasury bills
   D) Corporate securities
   
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   Option D
   Explanation: All except (D) are money market instruments
2. Which among the following bodies is the regulator of Forex market in India?
   A) IRDA
   B) SEBI
   C) RBI
   D) EXIM
   
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   Option C
   
3. Which among the given entities are responsible to keep the corporate securities in electronic form instead of physical form?
   A) Registrars
   B) Depositories
   C) Custodians
   D) Mutual funds
   
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   Option B
   
4. The funds based outside India and authorized by SEBI to invest in Indian equity market through the stock exchange are called as____________
   A) Non Resident Funds
   B) Overseas Corporate Bodies
   C) Foreign Institutional Investors
   D) Foreigner Investment Funds
   
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   Option C
   
5. RBI can issue which of the following denominations of notes?
   A) Rs 2 to Rs 2000
   B) Rs 1 to Rs 2000
   C) Rs 1 to Rs 10000
   D) Rs 2 to Rs 10000
   
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   Option D
   
6. A type of banking service that combines all categories of financial services under one roof is known as_______
   A) Universal banking
   B) Wholesale banking
   C) Retail banking
   D) Narrow banking
   
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   Option A
   
7. The certificate of deposit is issued
   A) at par value
   B) at a discount to face value
   C) on a yield basis
   D) redeemable value
   
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   Option B
   
8. The foreign currency rates in India are determined by__________
   A) RBI
   B) FEDAI
   C) FIMMDA
   D) Demand & Supply
   
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   Option D
   
9. The non negotiable crossing is defined under which section of NI Act?
   A) 147
   B) 118
   C) 130
   D) 105
   
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   Option C
   
10. Which of the following services can be offered under the financial inclusion?
    A) deposit accounts
    B) remittance services
    C) loan accounts
    D) All the above
    
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    Option D
    

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