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Bank awareness Quiz for Banking entrance exams

Bank

Dear readers,

This quiz consists of actual questions from various
Banking entrance exams held during the last few years. Leave your answers/
responses in the comments section below and soon we’ll let you know the correct
answers!

1. Which Bank opened its foreign subsidiary in UK on
18th march 2011?

(1) Axis

(2) HDFC

(3) SBI

(4) ICICI

(5) UBI

2. SBI funds is the joint venture between SBI and
__________?

 (1) Societe Generale Asset
Management (France)

(2) IAG (Australia)

(3) Allianz ()

(4) Prudential (U.S.A)

(5) BNP paribas (France)

3. Difference between interest earned and interest
paid is called?

(1) Paid interest income

(2) Free interest income

(3) Gross interest income

(4) Net interest income

(5) All of above

4. What is the present RBI’s Bank Rate?

(1) 6.50%

(2) 9%

(3) 7%

(4) 8%

(5) None of these

5. The RBI policy rate which is purely an indicative
rate used by the Reserve Bank of India to signal long-term outlook on interest
rates is?

(1) Bank rate

(2) Repo rate

(3) call money rate

(4) notice money rate

(5) Reserve repo rate

6. Micro Credit in India belongs to__________ ?

(1) Commercial Banking

(2) Cooperative Banking

(3) Non-Banking finance

(4) Private Banking

(5) Semi-Commercial Banking

7. What does GDR means?

(1) Global Dual Receipts

(2) Global Digital Rom

(3) Global Depository Receipts

(4) Global Digital Receipts

(5) Global Done Receipts

8. Who is the largest stake holder in the National
Securities depository limited?

(1) IDBI

(2) ICICI

(3) Corporation Bank

(4) Syndicate bank

(5) SBI

9. The Regulatory Authority Regional Rural Banks is        ?

(1) Sponsor Bank

(2) State government

(3) Central government

(4) RBI and NABARD

(5) All of the above

10. Which of this is negotiable instrument?

(1) Cheque

(2) Demand draft 

(3) Bill of exchange       

(4) All of the above

(5) None of these

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