Banking awareness - 13 | SBI | IBPS

1. Which of the following terms is not used in banking and finance?
a) Capital gain
b) Break even
c) Portfolio
d) Collateral
e) Apartheid

2. The loan disbursed by a bank to an individual for purchasing a house is called:
a) Plan finance
b) Business loan
c) Credit loan
d) Retail loan
e) Top-up loan

3. Which of the following is an example of cashless buying?
(i) ATM withdrawal
(ii) Credit Card
(iii) Debit Card
a) Only (i)
b) Only (ii)
c) Only (i) & (ii)
d) Only (ii) & (iii)
e) All of the above

4. Which among the following sector of Indian Economy is maximum dependent on economic developments in advanced nations?
a) Manufacturing Sector
b) Agricultural Sector
c) Mining Sector
d) Textile Sector
e) Services Sector

5. Bancassurance is -
a) an insurance scheme to insure bank deposits
b) an insurance scheme exclusively for the employees of banks
c) a composite financial service offering both bank and insurance products
d) a bank deposit scheme exclusively for employees of insurance companies
e) None of these

6. In respect to Regional Rural Banks the share holding pattern is:
a) Central Govt. 50%, State Govt. 35%, Sponsoring Bank 35%
b) Central Govt. 50%, State Govt. 15%, Sponsoring Bank 35%
c) Central Govt. 15%, State Govt. 35%, Sponsoring Bank 50%
d) Central Govt. 35%, State Govt. 50%, Sponsoring Bank 15%
e) None of these

7. Which of the following instruments is used by public to directly lend to the Government?
a) Bank Deposits
b) Public Provident Fund
c) Treasury Bills
d) Certificates of Deposit
e) None of these

8. Inter - Bank call money refers to borrowing among banks for -
a) Overnight
b) Two days
c) More than 14 days
d) Less than 14 days
e) None of these

9. Indigenous bankers are regulated by -
a) Reserve Bank of India
b) Ministry of Finance
c) Registar of Co-operative Societies
d) Regional Rural Banks
e) None of these

10. Which one of the following is not an authorised means of Banking transaction for the people of India?
a) Online
b) Mobile
c) Phone
d) Visiting individually
e) Video conferencing

Answers

1. (e)
2. (d)
3. (d)
4. (e)
5. (c)
6. (b)
7. (b)
8. (a)
9. (e)

10. (e)