BANKING QUIZ- 14 FOR SBI CLERK & PO

BANKING QUIZ- 14 FOR SBI CLERK & PO

1. A fixed deposit receipt is kept with the bank for its safety, is known as ___?

1) Valid safe deposit

2) Safe deposit

3) Locker

4) Safe custody

5) None of the above

2. "ASBA" stands for –

1) Application supported by bank account

2) Application supported by blocked amount

3) Application supported by blocked account

4) Application supported by balance account

5) None of these

3. FCCB is an abbreviation of___________

1) Form currency convertible bonds

2) Forex currency convertible bonds

3) Foreign currency convertible bonds

4) Future currency convertible bonds

5) None of these

4. In TRIPS, what does ‘I’ stand for?

1) Infra

2) Information

3) Indian

4) Intellectual

5) None of these

5) Which of the following organizations is the Mutual Fund Market regulator?

(1) AMFI

(2) CIBIL

(3) SEBI

(4) CRISIL

(5) None of these

6) The discounting rate at which RBI borrows government securities from commercial banks is known as

(1) Base Rate        

(2) Reverse Repo

(3) Deposit Rate

(4) Repo Rate

(5) None of th

7. Scheduled bank refers to a bank

(1) Which is included in the second schedule  to the RBI act, 1934

(2) registered with ministry of finance , govt. of India

(3) authorized by central government to transaction government business

(4) incorporated as a cooperative society

(5) none

8. What does Deficit financing mean?

1) Government of India borrows from RBI

2) Government of India borrows from IMF

3) Government of India borrows from SBI

4) Government of India borrows from World Bank

5) None of these.

9. FEMA stands for________________?

(1) Foreign Exchange Money Agency

(2) Foreign Exchange Management Act

(3) Full Exchange money Agency

(4) Foreign Exchange Money Act

10. What is the name of technology given to the computerized clearance of cheque:

1) Automatic clearance

2) Speedline System

3) MICR

4) Special clearing

5) None of the above

ANSWER

1.4,2.2,3.3,4.4,5.3,6.4,7.1,8.1,9.2,10.3