Banking Awareness Questions Answers SBI IBPS 2017 - Set 5

Banking Awareness Questions Answers SBI IBPS 2017 - Set 5

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Banking Awareness Questions and Answer SBI IBPS

Banking Awareness Quiz Questions Answers are providing for all banking exams and interviews in 2017 - 2018. These are some important Banking Awareness Questions and Answers providing by our Banking Expert Team is useful for all banking exams and It is specially designed according to the Syllabus of RRB, IBPS/SBI PO, and Clerk VII 2017-2018.

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Banking Awareness Questions Answers Set 5

Q1. Punjab National Bank was established in?
(1) 1880 
(2) 1887 
(3) 1894
(4) 1900 
(5) None of these

 Q2. National Bank for Agriculture and Rural Development (NABARD) was established in. 
(1) 1991 
(2) 1982 
(3) 1952 
(4) 1968 
(5) None of these

 Q3. In banking terminology, bad loans refer to.
(1) Bad debts 
(2) Non-Performing Assets
(3) Underwriting assets 
(4) Fictitious assets
(5) None of these

 Q4. Functions of NBFC includes.
(1) Equipment Leasing 
(2) Term Deposits
(3) Housing Finance & Investment in Financial Securities 
(4) 1 & 3
(5) None of these

 Q5. PMLA stands for?
(1) Primary Money Launching Authority 
(2) Preventing Money Launching Act
(3) Promoting Money Laundering Act 
(4) Prevention of Money Laundering Act
(5) None of these

 Q6. Committee related with the merger of Regional Rural Banks with their sponsor banks is.
(1) Khusro Committee 
(2) Khan Committee
(3) Malegam Committee 
(4) Hilton Young Committee
(5) None of these

 Q7. Bad debts recovered is a ________ for the organisation.
(1) Expense 
(2) Debt 
(3) Income 
(4) Asset 
(5) None of these

 Q8. Which of the following terms is not related to banking/finance?
(1) Call Option 
(2) Coupon 
(3) Stock Splits 
(4) Ablation 
(5) None of these

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Q9. What is the maturity period of Treasury Bills issued by Government of India?
(1) 14 days and 84 days 
(2) 182 days and 364 days
(3) 18 days and 36 days 
(4) 91, 182 & 364 days
(5) None of these

 Q10. The Govt. of India replaced the Foreign Exchange Regulation Act (FERA) by.
(1) FEMA 
(2) FRBMA 
(3) Monopolies Act
(4) FRTP
(5) None of these

Banking Awareness Answers Set 5

1. 3   2. 2   3. 2   4. 4   5. 4   6. 1   7. 3   8. 4   9. 4   10. 1