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IBPS SO Prelims Banking Awareness Quiz 6

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IBPS SO Prelims Banking Awareness Quiz 6

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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.
IBPS SO Prelims Banking Awareness Quiz 6 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 IBPS SO Prelims Banking Awareness Quiz 6 is very useful for different exams such as IBPS SO, IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS RRB, Railways, Civil Services etc.

shape Quiz

1. Where is the headquarters of CARE (Credit Analysis & Research Ltd.)?
    A. Gurugram B. Mumbai C. Chennai D. None of these

Answer - Option B
2. The cooperative movement in which of the following fields has achieved a great visible success in India?
    A. Banking sector B. Textile sector C. Cotton production D. None of these

Answer - Option B
3. In which year Punjab National Bank was established ?
    A. 1880 B. 1887 C. 1894 D. None of these

Answer - Option C
4. SDR, the currency of the IMF, is in the form of-
    A. Paper Currency Gold B. Book Keeping entry only C. Silver and Gold both D. None of these

Answer - Option B
5. In which year did second phase of nationalization of banks took place?
    A. 1969 B. 1980 C. 1984 D. None of these

Answer - Option B
1. What is the maturity period of Treasury Bills issued by Government of India?
    A. 14 days and 84 days B. 18 days and 36 days C. 91, 182 & 364 days D. None of these

Answer - Option C
2. Devaluation of currency results in ____.
    A. Increased export and import B. Increased export and improvement in balance of payment C. Trade deficit D. None of these

Answer - Option B
3. Which one of the following is not an objective of fiscal policy of Indian Government ?
    A. Full employment B. Price stability C. Regulation of Inter-State-trade D. None of these

Answer - Option C
4. What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of Public Sector Banks in India ?
    A. 20% B. 26% C. 49% D. None of these

Answer - Option A
5. Finance Commisson is included in of Indian Constitution.
    A. Article 340 B. Article 360 C. Article 280 D. None of these

Answer - Option C
1. Insurance companies in India are regulated by –
    A. RBI B. SEBI C. IRDA D. None of these

Answer - Option C
2. The primary function of a central co-operative bank is to-
    A. to channelize the flow of funds from the State co- operative banks B. mobilize the resources in the district for financing its members to the maximum extent possible C. Both of these D. None of these

Answer - Option C
3. Union Budget which is presented every year in the parliament is also known as-
    A. Annual Budget B. Common Budget C. General Budget D. None of these

Answer - Option A
4. When the conversion rate of our currency goes high in compared to other currency , it is known as-
    A. Rupee Devaluation B. Rupee Demodulation C. Rupee Depreciation D. None of these

Answer - Option C
5. Which of the following banks is not nationalized in 1969___________
    A. Central Bank of India B. Dena Bank C. Canara Bank D. Oriental Bank of Commerce

Answer - Option D

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