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Banking Awareness MCQs, Banking Awareness

Banking & Financial Awareness for Upcoming Bank Exams

1. India ranked 30th among 100 countries on Global Manufacturing Index (GMI). The Index is released by

  1. International Bank for Reconstruction and Development (IBRD)
  2. World Economic Forum (WEF)
  3. World Bank
  4. IMF
  5. Reserve Bank of India

2. India has contributed $50000 to the UN’s youth mission, aims to raise awareness and attention to youth issues globally. Who among the following is the Secretary General of UN?

  1. Yukia Amano
  2. Jim Yong Kim
  3. Roberto Azevedo
  4. Antonio Guterres
  5. Takehiko Nakao

3. Federal Bank has entered into a strategic partnership with Hedge Equities Ltd for providing PIS services to NRIs. In the term PIS, the letter ‘I’ stands for

  1. Investor
  2. Income
  3. Information
  4. Institustion
  5. Investment

4. Which of the following PSBs is merged with Capital First Ltd in a share swap deal?

  1. Federal Bank
  2. IndusInd Bank
  3. IDFC Bank Ltd
  4. Kotak Mahindra Bank
  5. HDFC Bank

5. A term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but outside normal financial regulations is known as ___________.

  1.  Virtual banking
  2. Common banking
  3. Unit banking
  4. Shadow banking
  5.  None of these

6. Which of the following was the first bank to introduce the concept of the ATM in India way back in 1987?

  1. Citibank
  2. HSBC
  3. Standard Chartered
  4. DBS Bank Ltd.
  5. None of these

7. Banks allow the individual to continue withdrawing money even if the account has no funds in it or not enough to cover the withdrawal. This facility is known as

  1. Overdraft
  2. Commercial paper
  3. Demand draft
  4. Cheque system
  5. None of these

8. Recently, the CSO has released the First Advance estimates of national income at constant (2011-12) and current prices, for the financial year 2017-18, forecasting the GDP growth at 6.5% for 2017-18 compared with the growth of 7.1% in 2016-17.  The chief statistician of CSO is

  1. Anant Geete
  2. Jitendra Singh
  3. T C A Anant
  4. Alphons Kannanthanam
  5. None of these

9.  The Central Board of Direct Taxes (CBDT) has announced to relax norms around levy of MAT for insolvent companies. In the term MAT, ‘A’ stands for

  1. Alternate
  2. Amount
  3. Account
  4. Advance
  5. None of these

10. Headquarters of Dhanlaxmi Bank is located in _________.

  1. Karnataka
  2. Kerala
  3. Tamil Nadu
  4. Rajasthan
  5. Mumbai
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