• Coming Soon..
  • Coming Soon..
  • Coming Soon..
  • Coming Soon..

Banking & Economy Awareness MCQs for IBPS PO/Clerk Main/ESIC/SEBI(October 22, 2018)

3 weeks ago 0 comments

Dear Aspirants,

In very banking examinations, Banking Awareness section plays a pivotal role in scoring good marks in the section. It is very relevant for all the examinations. So, we at Bsc4success are providing important Banking Awareness MCQs on the daily basis, which will certainly aid your preparation. Make most of it.

1. The International Campaign to Abolish Nuclear Weapons (ICAN) received the 2017 Nobel Peace Prize. The ICAN is headquartered at
1) Philadelphia
2) Geneva
3) Berlin
4) New York
5) California

2. The National Housing Bank (NHB), the apex financial institution for housing, is a wholly owned subsidiary of the
1) NABARD
2) LIC of India
3) SEBI
4) Reserve Bank of India
5)  Union Urban Development, Housing and Urban Poverty Alleviation Ministry

3. The SBI  changed the names and IFS codes of its branches located in major cities. The Indian Financial System Code or IFSC is an alpha-numeric code containing
1) 10 characters
2) 09 characters
3) 11 characters
4) 13 characters
5) 12 characters

4. _______ has become the first-ever broking arm of a bank to take membership of a commodity exchange by registering itself with NCDEX.
1) ICICI Securities
2) HDFC Securities
3) IDFC Securities
4) Kotak Securities
5) Axis Securities

5. The CAMELS rating system is a recognised international rating system that bank supervisory authorities use in order to rate financial institutions. In the acronym CAMELS, the letter ‘E’ denotes
1) Expertise
2) Export
3) Endeavour
4) Earnings
5) Enterprise

6. IDFC Bank is an Indian banking company with headquarters in Mumbai that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 01 Oct
1) 2012
2) 2013
3) 2014
4) 2015
5) 2016

7. RBL Bank is a scheduled commercial bank founded in Aug 1943 and is one of the oldest private sector banks in India. RBL Bank is headquartered at
1) New Delhi
2) Pune
3) Nasik
4) Mumbai
5) Nagpur

8. Which of the following rates/ratios is NOT correct post the policy statement?
1) Repo rate – 6.5 per cent
2) Reverse repo rate – 6.25 per cent
3) Bank rate – 6.75 per cent
4) CRR – 4 per cent
5) MSF – 07 per cent

9. The RBI has come out with differentiated MDR for debit card transactions. Here, the term MDR means
1) Minimum Discount Rates
2) Merchant Discount Rates
3) Mapped Discount Rates
4) Maximum Discount Rates
5) None of these

10. Which of the following is a pension scheme for citizens of India focussed on the unorganised sector workers?
1) PMVVY
2) APY
3) PMSBY
4) PMMY
5) PMJJBY

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

Facts

We work hard day and night to help you succeed.

13,060,818

Total Visitors

100

Books Published

1,85,700

Total Selections

2,500,000

Total Tests Taken