Banking Awareness 2018 Quiz for SBI PO and Clerks Online Exams

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The 'in principle' approval for setting up 'small finance banks' granted by RBI will be valid for ?

1. 12 monts
2. 24 months
3. 10 months
4. 18 months
5. 30 months

The Jakham Dam is Located in which state ?

1. Madhya Pradesh
2. Gujarat
3. Rajasthan
4. Uttar radesh
5. Himachal Pradesh
   

By which rate is the domestic current rate of currency converted into foreign currency ?

1. Bank Rate
2. CRR
3. Stock Exchange Rate
4. Repo Rate
5. Exchange Rate

Minimum amount that can be invested in Kisan Vikas Patra (KVP) Certificate is ?

1. Rs. 100
2. Rs. 200
3. Rs. 500
4. Rs. 1000
5. Rs. 1500

Which of the following holds majority stake in NABARD ?

1. SEBI
2. RBI
3. Government of India
4. IRDAI
5. None of these 

Where is the head office of SMERA ?

1. Chennai
2. Gurugram
3. New Delhi
4. Mumbai
5. Bengaluru

'Making of A legend' book is based on ?

1. Manmohan Singh
2. Pranabh Mukherji
3. Narendra Modi
4. Lal Krishan Advani
5. APJ Abdul Kalam

The Foreign Exchange of India is kept with ?

1. SBI
2. ECGC
3. RBI
4. NABARD
5. SEBI

Which of the following card issuer company has launched a premium credit card by the name ELITE ?

1. Axis Plantinum Card
2. HDFC Cooperate Credit Card
3. American Express Gold Credit Card
4. Gold International Card
5. SBI Cards and Payment Services (SBI Card)

e-SOT and e-PRAN Card launched for Atal Pension Yojana subscribers recently. What is the full form of PRAN ?

1. Permanent Retaliated Account Number
2. Permanent Retirement Account Number 
3. Provident Retirement Account Number 
4. Protection Retirement Account Number
5. Provident Risk Account Number 

In which type of banking among the following there is a direct execution of the transaction between bank and its consumers ?

1. Universal Banking
2. Retail Banking
3. Unit Banking
4. Virtual Banking
5. None of the above 

Which of the following is known as 'Demat' account ?

1. Account opened with zero balance
2. Account in which shares are held in electronic form 
3. Account operated by guardian of minor
4. Account operated by business correspondents in rural centers
5. None of the above 

A separate fund called 'Aam Admi Bima Yojana Premium Fund' has been set-up by Central Government to pay its contribution. Fund is maintained by ?

1. Life Insurance Corporation of India (LIC)
2. Reserve Bank of India (RBI)
3. The New India Assurance Company Ltd (NIACL)
4. Agriculture Insurance Company of India Limited (AICIL)
5. National Insurance Company Limited (NICL)

Government securities with terms of more than 1 year are called

1. Government Bonds
2. Treasury Bills
3. Bills of Exchange
4. Capital Bills
5. All of the above 

'Basel Committee on Banking Supervision' is also known as _______________

1. Bank for International Settlements Committee
2. Banking Regulation Committee
3. Financial Stability Board
4. Financial Stability Board
5. Global Financial
6. None of the above 

Which of the following is not a 'Money Market Instrument' ?

1. Treasury Bills
2. Commercial Paper
3. Certificate of Deposit
4. Equity Shares
5. None of the given options is true 

What is the authorized capital of National Insurance Company Limited (NICL) ?

1. Rs. 1500 crore
2. Rs. 100 crore
3. Rs. 200 crore
4. Rs. 500 crore
5. Rs. 1000 crore

Which of the following countries / group of countries are known as G3 economies ?

1. India, China, Africa
2. US, EU, Japan
3. India, Japan, China
4. US, China, Japan
5. None of these 

The New phase of Indian Banking System began with the reform suggested by ?

1. Rao Committee
2. Narasimhan Committee 
3. Patel Committee 
4. Justice Verma Committee 
5. Brahma Chelani Committee 

Who lead the Indian delegation at the 48th annual meeting of the World Economic Forum (WEF - 2018) ?

1. Arun Jaitley
2. Narendra Modi
3. ‎Arvind Subramanian
4. Sushma Swaraj
5. Suresh Prabhu

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