Daily GK - Free Current Affairs (GK Quiz) BANKING AWARENESS banking gk BANKING QUIZ -3 FOR SBI CLERK & PO
Thursday, May 12, 2016
BANKING QUIZ -3 FOR SBI CLERK & PO
1. Expand the term ALM as used in Banking/Finance sector ?
(1) Asset Liability Maturity
(2) Asset Liability Management
(3) Asset Liability Manpower
(4) Asset Liability Mismatch
(5) Asset Liability Maintenance
2. Consider the following statements with respect to IFSC code used in Banking System:
A) IFSC Stands for Indian Financial System Code
B) It is 11digit alphanumeric Unique Code
C) IFSC is used be the NEFT system to route the message to the destination banks/branches.
4.Only B and C
5.All A, B and C
3. Termination of an insurance policy due to nonpayment of premium is technically called as?
5.None of these
4) FAC stands for............
1) Fuel Adjustment Component
2) Food Adjustment Component
3) Full Adjustment Component
4) Free Adjustment Component
5) Fuel Arrangement Component
5. Which is not a money market instrument ?
(3)Certificate of Deposit
(5)None of these
6. Government securities with terms of more than ONE year are called
(1) Treasury bills
(2) Government bonds
(3)Bills of exchange
(5)All of the above
7. What is full form of SLR in banking term:
(1).Statutory liquidity rate
(2).Statutory liquidity ratio
(3).Statutory liquid rate
(4)Stagnent liquidity ratio
8. The primary relationship between the banker and the customer is that of :
(1) trustee and beneficiary
(2)debtor and creditor
(3) principal and agent
(4)lesser and lessee
9. Which category of accounts are opened under Financial Inclusion:
(1)Senior Citizens Deposit
(2)Super Sever Accounts
10. The appointments of Banking Ombudsman will be carried out by which of the following?
(1) Finance Ministry
(3) Govt. of India
(5) None of these
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