Banking Awareness Quiz - 4

Description

IBPS Banking Awareness Quiz on Banking Awareness Quiz - 4, created by SIVA KUMAR Y V on 17/08/2017.
SIVA KUMAR Y V
Quiz by SIVA KUMAR Y V , updated more than 1 year ago
SIVA KUMAR Y V
Created by SIVA KUMAR Y V almost 7 years ago
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Resource summary

Question 1

Question
“SENSEX” is the Stock Market Index of Bombay Stock Exchange (BSE). It consists of how many blue-chip stocks?
Answer
  • 30
  • 40
  • 50
  • 100
  • 225

Question 2

Question
“Invisible Exports” means exports of __________
Answer
  • Services
  • Prohibited Goods
  • Restricted Goods
  • Smuggled Goods
  • None of these

Question 3

Question
Which of the following rates signal the RBI’s Long term outlook on interest rates?
Answer
  • Repo rate
  • Reverse Repo Rate
  • Bank Rate
  • SLR
  • CRR

Question 4

Question
What does letter “P” denotes in the Abbreviation “UPI”?
Answer
  • Price
  • Portfolio
  • Public
  • Payment
  • Permanent

Question 5

Question
Under National Pension Scheme (NPS), the subscriber should have age between _______ years as on the date of submission of his/her application?
Answer
  • 18-40 years
  • 18-45 years
  • 18-50 years
  • 18-55 years
  • 18-60 years

Question 6

Question
The loan disbursed by a bank to an individual for purchasing a house is called ___________
Answer
  • Wholesale Finance
  • Business Loan
  • Credit Loan
  • Retail Loan
  • Project Loan

Question 7

Question
In the context of Mutual Funds, “NFO” stands for___________
Answer
  • New Fund Option
  • Non-Financial Offer
  • New Fund Offer
  • Nominal Financial Option
  • Negotiable Financial Offer

Question 8

Question
“Banking Ombudsman” is appointed by ____________
Answer
  • Government of India
  • Ministry of Finance
  • RBI
  • Indian Bankers’ Association
  • NABARD

Question 9

Question
The holidays for the Banks are decided as per _____________
Answer
  • Reserve Bank of India Act, 1934
  • Banking Regulation Act, 1949
  • Negotiable Instrument Act, 1881
  • Securities and Exchange Board of India Act, 1992
  • Banking Companies Act, 1970

Question 10

Question
The current “Banking Ombudsman Scheme” became operative from ____________
Answer
  • 1998
  • 2002
  • 2004
  • 2006
  • 2010
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