Introduction
Banking Awareness is an important section in the employment-related competitive exams in India. In particular, exams like IBPS, RBI Grade B, SBI PO, RRB and other banking examinations. This article Banking Awareness Quiz 17 presents the model questions related to some Banking Awareness topics useful to the candidates preparing all Bank exams.
Q1
As per Nepal’s Central Bank circular, which of the following Indian currency denominations can’t be carried and used for trading?
- A. Rs. 200
B. Rs. 500
C. Rs. 2,000
D. All the above
According to Nepal’s central bank circular, Indian currency of Rs. 200, Rs.500 and Rs. 2,000 denominations cannot be carried and used for trading.
Under the new regulation, Nepali citizens cannot carry these denominations to countries other than India.
Indian notes of Rs 100 or below, are allowed for trading and conversion.
Q2
In RNBC, what does R stand for?
- A. Repository
B. Residuary
C. Receipt
D. Revaluation
RNBC stands for Residuary Non-Banking Companies. It is a class of NBFC which is a company and has as its principal business the receiving of deposits, under any scheme or arrangement or in any other manner and not being Investment, Asset Financing, Loan Company.
Q3
Under PSL, Foreign Bank having branches less than 20 In India are required to maintain the target of 40 %, which is to be achieved in a phased manner by_____.
- A. 2020
B. 2022
C. 2019
D. 2025
Under PSL, Foreign Bank having branches less than 20 In India are required to maintain the target of 40 %, which is to be achieved in a phased manner by 2020.
Q4
Who has been appointed Managing Director (MD) and CEO of ICICI Securities?
- A. D P Agrawal
B. P C Hota
C. Vijay Chandok
D. Rajni Razdan
Vijay Chandok has been appointed as the Managing Director (MD) and CEO of its subsidiary ICICI Securities with effect from 7th May 2019.
ICICI Securities Limited provides institutional and retail broking, merchant banking, and advisory services to corporates, financial institutions, high net-worth individuals, and retail investors in India.
Q5
The headquarter of Rabobank is in ______.
- A. New York, USA
B. Utrecht, Netherlands
C. Tokyo, Japan
D. Beijing, China
Rabobank is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. It is the global leader in food and agriculture financing and sustainability-oriented banking.