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General Knowledge :: Banking Awareness

  1. Budget is an instrument of

  2. A.

     Commercial policy of the government

    B.

     Fiscal policy of the Government

    C.

     Monetary policy of the government

    D.

     Money-saving policy of the government


  3. CRR refers to the share of _____ that rural banks have to maintain with RBI of their net demand and time liabilities ?

  4. A.

     Liquid cash

    B.

     Gold

    C.

     Forex reserves

    D.

     Illiquid cash


  5. The securities that the Banks purchase with the intention of keeping them till they mature, fall in which of the following categories ?

  6. A.

     Held till maturity

    B.

     Fixed securities

    C.

     Fixed time securities

    D.

     Permanent securities


  7. Free shares of stock given to share holders at present, based upon the number of shares that a share holder owns are

  8. A.

     Right issues

    B.

     Bonus shares

    C.

     IPO

    D.

     Preferential shares


  9. Which among the following is the first universal bank of India?

  10. A.

     HDFC

    B.

     Axis Bank

    C.

     ICICI

    D.

     Federal Bank


  11. A debit card holder cannot perform which of the following functions?

  12. A.

     Make Point of Sale (POS) purchase

    B.

     Recharge pre-paid mobile phones

    C.

     Pay Life insurance premium

    D.

     Make donation

    E.

     None of the above


  13. Which of the following is the best option to park money for a long period of time to earn a high rate of interest?

  14. A.

     Savings account

    B.

     Current account

    C.

     Deposit account

    D.

     Recurring account


  15. Which of the following is not classified as a commercial Bank ?

  16. A.

     Regional Rural Bank

    B.

     Private Sector Bank

    C.

     Foreign Bank

    D.

     Co-operative Bank


  17. Credit risk to the bank is high from which of these card ?

  18. A.

     ATM cards

    B.

     Debit cards

    C.

     Credit cards

    D.

     All of these


  19. Mortgage is a

  20. A.

     Security on immovable property for a loan given by a bank

    B.

     Security on movable property for a loan given by a bank

    C.

     Security on immovable property for a deposit received by a bank

    D.

     Concession on immovable property for a loan given by a bank