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.
1.Only A
2.Only B
3.Only C
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?
1.Death
2.Lapse
3.Forfeiture
4.Seize
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 ?
(1)Treasury Bills
(2)Commercial Paper
(3)Certificate of Deposit
(4)Equity Share
(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
(4)Capital bills
(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
(3)No-Frill
Accounts
(4)SBI
Vishesh
10. The appointments of
Banking Ombudsman will be carried out by which of the following?
(1)
Finance Ministry
(2)
RBI
(3)
Govt. of India
(4)
SEBI
(5)
None of these
ANSWER KEY
1.
2
2.
5
3.
2
4. 3
5.
4
6.
1
7.
2
8.
2
9.
3
10.
2
