GK - Banking & Insurance - SPLessons
boy2

Banking Awareness Practice Set 8

Home > > Tutorial
SPLessons 5 Steps, 3 Clicks
5 Steps - 3 Clicks

Banking Awareness Practice Set 8

shape Introduction

Banking Awareness is an important section in the employment-related competitive exams in India. In particular, exams like IBPS, SBI and other bank related employment exams have banking awareness questions along with general awareness section. The Banking Awareness section primarily has questions related to the History of Banking, Banking Terms, Banking Products, Functions of Banks, Banks and their Taglines, Schemes, Committees related to Banking, Headquarters of Banks, most recent Banking News, Apps launched by Banks, New Schemes, Monetary Policies etc.
Banking Awareness Practice Set 8 article provides the list of several bank related questions to prepare aspirants of different competitive exams in India, primarily for banking related employment. The article Banking Awareness Practice Set 8 is very useful for different exams such as IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS RRB, Railways, Civil Services etc.

shape Quiz

1. What do we call the banks that undertakes commercial banking, investment banking, mutual funds and merchant banking?
    A. Mixed Banking B. Retail Banking C. Universal Banking D. Narrow Banking

Answer: Option C
2. What is the type of banking which involves banking services for high net-worth clients like corporate, commercial banks, mid-size companies etc?
    A. Retail Banking B. Wholesale Banking C. Narrow Banking D. Merchant Banking

Answer: Option B
3. What is Retail Banking?
    A. where transactions are held with other banks B. where transactions are held directly with individuals C. where transactions are held with other big corporations D. All of the above

Answer: Option B
4. What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?
    A. Chain banking B. Unit banking C. Merchant banking D. None of the above

Answer: Option A
5. What is the Banking combining banking and consultancy services called as?
    A. Unit Banking B. Merchant Banking C. Narrow Banking D. Wholesale Banking

Answer: Option B
1. What is the name of the central bank of Germany?
    A. German State Bank B. Deutsche Bundesbank C. Bayerische Landesbank D. Hypo Vereinsbank

Answer: Option B
2. In which schedule are the scheduled banks of India listed in the RBI Act, 1934?
    A. [latex]1^{st}[/latex] B. [latex]2^{nd}[/latex] C. [latex]3^{rd}[/latex] D. [latex]4^{th}[/latex]

Answer: Option B
3. Which of these is an International Financial Institution?
    A. World Bank B. European Investment Bank C. Both a and b D. None of the above

Answer: Option C
4. What is the main business of commercial banks?
    A. lending and deposits from public B. lending and deposits from corporation C. Both a and b D. None

Answer: Option C
5. What do we call the banks which provide capital to the firms in the form of shares and engage in underwriting of stocks?
    A. Commercial Banks B. Universal Banks C. Merchant Banks D. IFI

Answer: Option C
1. Which of these banks are not-for-profit banks owned by the depositor?
    A. Cooperative banks B. Merchant banks C. Land Banks D. None of the above

Answer: Option A
2. Where was the first Land Development Bank set up in India?
    A. Punjab B. Tamil Nadu C. Odisha D. Bihar

Answer: Option A
3. Which is the first co-operative bank in India?
    A. Anyonya Co-operative Bank Limited B. Bombay Co-operative Bank Limited C. Jamnagar Co-operative Bank Limited D. The Hindu Co-operative Bank Limited

Answer: Option A
4. What is not true about Payment bank?
    A. It cannot issue loans B. It can accept deposits C. It can issue credit cards D. None of the above

Answer: Option C
5. What is the function of a Central Bank?
    A. Foreign exchange management B. Managing currency C. Money Supply management D. All of the above

Answer: Option D

Other Articles

shape Exams

Competitive Exams - College Entrance Exams
Category Notification
Diploma Goa Diploma


shape Job-Alerts

Competitive Exams - Recent Job Notifications
Category
Banking SSC Railway
Defence Police Insurance
Click Here For – All India Latest Jobs

shape SP Quiz

Competitive Exams - Practice Sets
Category Quiz
Quant Aptitude Ratios and Proportions
Current Affairs Current Affairs
Hide Index Show Index