BANKING QUIZ-16 FOR SBI CLERK & PO

BANKING QUIZ-16  FOR SBI CLERK & PO

1. Dalal Street is?

A. In Kolkata – famous for jute market

B. In Bangalore – famous for race course

C. In Delhi – famous for Kabari (Waste Material) market

D. In Mumbai – famous for stock exchange market

2. Which of the following is an apex regulatory body of the industrial finance?

A. Industrial Development Bank of India

B. Industrial Finance Corporation of India

C. Industrial Credit and Investment Corporation of India

D. Industrial Reconstruction Bank of India

3. The abbreviation of BIFR, in the context of the Indian Industry is_____________.

A. Industrial Investment Corporation of India

B. Bureau of Industrial and Financial Reconstruction

C. Board for Investment and Financial Reconstruction

D. Bureau for Investment and Financial Reconstruction

4. 1^st share market of India was established at____________.

A. Delhi

B. Mumbai

C. Kolkata

D. Bangalore

5. What does EQO stand for?

A. Economic-on-Quality

B. Even-on-Quality

C. Economic Order Quantity

D. Evaluation-on-Quantity

6. Who is authorized for issuing coins in India?

A. Ministry of Finance

B. RBI

C.SBI

D. None of these

7. What is an expanded form of IASB?

A. Internal Accounting Standards Bureau

B. Indian Accounting Standards Board

C. Indian Accounts Standards Board

D. International Accounting Standards Board

8.  “Hot money” is the concept of _________.

(A) Money earned through illegal transactions 

(B) The Capital is frequently transferred between financial organization in an attempt to maximize the interest or capital gain

(C) Money used to hoard scarce commodities

(D) Money earned through speculative transactions

9.  “Paper Gold” is a term which is used as_______________.

A) Paper currency fully backed by gold reserve

 B) Paper currency partially backed by gold reserve

 C) Special drawing rights of the IMF

 D) International paper currency fully convertible into gold

10. Which of the following organizations decide the value and volume of bank notes to be printed and on what basis?

A)  Finance Ministry

 B) RBI

 C) Planning Commission

 D) SEBI

ANSWER

1.D, 2.A, 3.C, 4.B, 5.C, 6.A, 7.D, 8.B, 9.C, 10.B