Banking Quiz for IBPS | SBI – 320
Banking Quiz for IBPS | SBI – 320. 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 – 320
1. How many banks were first nationalised in India, 19th july 1969?
a) 9
b) 12
c) 14
d) 18
2. A Dormant Account is a banking term that refers to an account of a customer which was without any activity for a period of __________ other than posting interest.
a) two years
b) three years
c) four years
d) five years
3. ANBC(banking terms) is expand as___________.
a) Adjusted Net Bank Credit
b) Amount Net Bank Credit
c) Amount Net Bilateral Credit
d) Adjusted Net Bank Committee
4. Under Priority Sector Lending (PSL), the loans and advances granted to only individuals for educational purposes up to __________ for studies in India.
a) Rs.3 lakh
b) Rs.4 lakh
c) Rs.7 lakh
d) Rs.10 lakh
5. A cheque Which is more than three months old, is called___________.
a) Stale cheque
b) Mutilated cheque
c) Post-dated cheque
d) Open cheque
6. MICR (banking terms) expand as____________.
a) Magnetic Ink Code Resemblence
b) Magnetic Impact Character Recognition
c) Magnetic Ink Code Recognition
d) Magnetic Ink Character Recognition
7. Doubtful Assets Which remained in the substandard category for a period of ___________.
a) 1 month
b) 3 months
c) 6 months
d) 12 months
8. The financial services undertaken by banks such as credit cards, smart cards, mutual funds, primary dealers, pension funds comes under__________.
a) Branch Banking
b) Universal Banking
c) Para Banking
d) Narrow Banking
9. It is a type of banking in which where banks operate only from a single branch taking care of a small community is called as____________.
a) Branch Banking
b) Virtual Banking
c) Unit Banking
d) Wholesale Banking
10. It is the combination of banking and consultancy service. Consultancy means to provide advice, guidance and service for a fee is called as____________.
a) Merchant banking
b) Neo Banking
c) Green Banking
d) Wholesale Banking
