Banking Quiz for IBPS | SBI – 316
Banking Quiz for IBPS | SBI – 316. Banking Awareness quiz for SBI Clerk, SBI PO, RBI, IBPS PO/Clerk/RRB/SO & other Banking & competitive exams. Stay connect with DaytodayGK for latest Current Affairs more updates.
Banking Quiz for IBPS | SBI – 316
1. Banks in India are required to maintain a portion of their demand and time liabilities with the RBI,this is called as____________.
a) Cash Reserve Ratio
b) Net Demand
c) Liquidity Ratio
d) None of these
2. The Holidays for the Banks are declared as per____________.
a) RBI Act 1924
b) Banking Regulation Act 1950
c) Negotiable Instrument Act
d) Holiday Instrument Act
3. Which of the following Organizations is made specifically responsible for empowering Micro Small and Medium Enterprises in India?
a) NABARD
b) SEBI
c) SIDBI
d) RBI
4. Pre-Shipment finance is provided by the banks only to______________.
a) Exporters
b) Importers
c) Stock Market Agents
d) All the above
5. In Banking terminology, NPA means
a) Non-Promise Account
b) Non-Personal Account
c) Non-Performing Asset
d) Net-performing Asset
6. ‘Sugam’ is a scheme launched for
a) Small tax payers
b) Pensioners getting old age pension
c) Big corporate houses
d) Getting all sorts of permission
7. Insurance service provided by various banks is commonly known as ______
a) Investment banking
b) Portfolio management
c) Merchant banking
d) Bancassurance
8. Rate of interest is determined by:
a) Central Government
b) Commercial Banks
c) Liquidity preferences
d) The rate of return on the capital invested
9. Which bank was earlier called the “Imperial Bank of India?
a) RBI
b) SBI
c) IOB
d) None of these
10. Bank loans up to ____ per unit to Micro and Small Enterprises under priority sector.
a) 5 crore
b) 7 crore
c) 8 crore
d) 10 crore
