Banking Quiz for SBI| IBPS – 133

1. BSBDA stands for:
a) Bank Savings and Basic Dearness Allowance
b) Basic Savings Bank Deposit Account
c) Banking of Specific Board Departmental Association
d) None of These

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Ans: b) Basic Savings Bank Deposit Account

2. When a person publicly announces that he can not repay loans, it is called _______ in banking language:
a) Poor Credit worthiness
b) Bankruptcy
c) Willful Defaulter
d) None of These

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Ans: b) Bankruptcy

3. AMFI stands for:
a) Association of Monetary Finance Index
b) Association of Mutual Funds in India
c) All Mutual Funds Institute of India
d) None of These

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Ans: b) Association of Mutual Funds in India

4. Unrestricted exchange of goods and services is called:
a) Open Trade
b) Independent Trade
c) Free Trade
d) None of These

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Ans: c) Free Trade

5. In a company, the use of sensitive corporate information by the company people to make gains or cover loss known as:
a) Technical Trading
b) Insider Trading
c) Future Trading
d) None of These

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Ans: b) Insider Trading

6 IFRS stands for:
a) Indian Financial Reporting Standards
b) International Financial Reporting Standards
c) International Financial Regulations Systems
d) None of These

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Ans: b) International Financial Reporting Standards

7. “The Bank that Begins With U” is slogan of:
a) UCO Bank
b) United Bank of India
c) Union Bank
d) None of These

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Ans: b) United Bank of India

8. World Bank referred to as:
a) Industrial Development Bank in India
b) International Monetary Fund
c) International Bank of Reconstruction and Development
d) None of These

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Ans: c) International Bank of Reconstruction and Development

9. “Honors Your Trust” is slogan of:
a) IDBI
b) UCO Bank
c) Axis Bank
d) None of These

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Ans: b) UCO Bank

10. FIMMDA stands for:
a) Foreign Income Monetary Markets Derivatives Association
b) Finance In Money Markets and Derivatives Association
c) Fixed Income Money Markets and Derivatives Association
d) None of These

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Ans: c) Fixed Income Money Markets and Derivatives Association