Search your Topic HERE....

August 31, 2015

Banking Awareness Quiz for IBPS Bank Exams 2015 - Set 57

Leave a Comment

sponsored links

  1. Money lent for 15 days or more in inter bank market is called _____________
    1. Call Money 
    2. Notice Money 
    3. Term Money 
    4. All of the above 
    5. None of the above 
  2. Balance Transfer Loan is the familiar term used in Bank Loans. How it helps the home loan buyer ?
    1. It transfers the loan of one person to another person by making personal contract
    2. This loan helps to clear an existing home loan by availing a new loan from another lender
    3. It helps the borrower to transfer his loan to his neighbors
    4. It transfers the loan from one bank to RBI. The customer pays rate of interest to RBI
    5. None of these
  3. Money lent for more than one day but less than 15 days in the money market is known as __________
    1. Call Money
    2. Notice Money 
    3. Term Money
    4. All of the above
    5. None of the above 
  4. Which of the following is the first commercial bank who had launched a mutual fund ?
    1. ICICI
    2. Canara Bank
    3. Indian Bank
    4. Bank of India
    5. State Bank of India
  5. A company which pools money from investors and invests in stocks, bonds, shares is called ___________
    1. A bank
    2. An Insurance Company 
    3. Mutual Fund 
    4. Bank assurance 
    5. None of the above 
  6. Loan given for undertaking repairs, renovations and / or up gradation is called ___________
    1. Home Damage Loan 
    2. Home Improvement Loan 
    3. Home Custody Loan 
    4. Home Consumption Loan 
    5. All of the above 
  7. Important Statements of Bridge Loan in Home Loan given. Pick the wrong statement 
    1. Bridge Loan also available in Home Loans 
    2. It is designed for people who wish to sell the existing home and purchase another
    3. It helps finance the new home, until a buyer is found for the old home
    4. It is not available in Metro cities 
    5. None of these
  8. maximum compensation on Ombudsman is empowered to award in respect +of deficiency in service of the Credit Card operation is ___________
    1. Rs. 50,000
    2. Rs. 1 lakh
    3. Rs. 25,000
    4. Rs. 10 lakh
    5. Rs. 5 lakh
  9. Pick the wrong abbreviation used in Banking and Financial Sectors
    1. ADR - American Donation Receipts
    2. CCIL - Clearing Corporation of India Ltd
    3. CRISIL - Credit Rating Information Services of India Ltd
    4. CBLO - Collateralized Borrowing and Lending Obligation 
    5. CPI - Consumer Price Index
  10. A Basic Savings Bank Deposit Account (BSBDA) facility is available _____________
    1. to all individuals irrespective of their background 
    2. all individuals from below poverty line-families only 
    3. only to individuals from the SC / ST only
    4. only to individuals from the minority communities only 
    5. only to individuals from weaker sections of the society 
  11. At present, the formula for subscription to RRBs capital has been fixed at ______
    1. Central Govt 50%, State Govt 15% and Sponsor Bank 35%
    2. Central Govt 60%, State Govt 20% and Sponsor Bank 20%
    3. Central Govt 30%, State Govt 30% and Sponsor Bank 40%
    4. Central Govt 35%, State Govt 35% and Sponsor Bank 30%
    5. Central Govt 50%, State Govt 25% and Sponsor Bank 25%
  12. Which of the following committees has recommended Universal Electronic Bank Account5 (UCBA) for every resident to be made available at the time of issuing the Aadhar Number ? 
    1. Nachiket Mor Committee
    2. Shyamala Gopinath Committee
    3. Urjit Patel Committee 
    4. C Rangarajan Committee
    5. None of these
  13. What is Green Banking ?
    1. Bank financing to agriculture 
    2. Bank financing on pro-environment projects 
    3. Bank financing to irrigation 
    4. All Bank financing to farmers 
    5. None of these 
  14. In core banking solutions :
    1. Branches are connected to a central host
    2. Branch automation modules and delivery channels are incorporated 
    3. Transactions are done centrally and online 
    4. All of the above are correct 
    5. None of these 
  15. A bank on whom a cheque is drawn by the customer is called as ______________
    1. Collecting Bank 
    2. Paying Bank
    3. Advising Bank
    4. Issuing Bank
    5. Confirming Bank
  16. When RBI wants to reduce liquidity in the banking system ?
    1. It increases the CRR
    2. It increases the MSF rate 
    3. It increases the Repo Rate 
    4. It increases the Reverse Repo Rate 
    5. None of these
  17. India's largest mortgage lender is ______________
    1. SBI
    2. Axix Bank
    3. ICICI
    4. HDFC
    5. Corporation Bank
  18. The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the _______________
    1. MIBOR
    2. UBOR
    3. Base Rate 
    4. Exchange Rate
    5. Inter-Bank Call Money Rate
  19. A "Hot Money" or the "Refugee Capital" is one which __________________
    1. is transferred from one centre to another for greater safety 
    2. is earned by a refugee
    3. deposited by a refugee who is taking refuge in the country 
    4. given loan for a single day 
    5. none of these 
  20. "Fiat Money" is that which is 
    1. accepted by overseas banks only
    2. decreed as money by the government 
    3. accepted temporarily in lieu of gold 
    4. backed by gold and silver 
    5. none of these

Read more Banking Awareness Expected Questions from below

sponsored links

0 Responses:

Post a Comment

Related Posts Plugin for WordPress, Blogger...