Banking Awareness Quiz For SBI Associate Clerk Exam

Dear PaGaLGuY readers,

We are here presenting you a Banking Awareness Quiz which will be helpful in your upcoming SBI Associate Clerk Exam.

Please give correct Answers of the following questions by your own, we will published Answers in half an hr.

1. Who decides on the quantity of coins to be minted?

(1)
the Government of India

(2)
RBI

(3)
Either 1 or 2

(4)
All of the above

(5)
None of the above

2. The term PPP stands for Public Private Partnership. It is also refers
to:

1) Procurement
Power Parity

2) Purchasing
Power Parity

3) Public
Purchasing Power

4) Public
Purchasing Parity

5)
None of these

3. A short term
Government security paper is called:

(1) Share                                    

(2) Debenture                                         

(3) Mutual Fund

(4) Treasury Bills                  

(5) None of these

4. What is
current Repo Rate?

(1) 7%                        

(2) 7.75%

(3) 8%

(4) 6.75%

(5) 9%

5. What is the
capital requirement for new Banks in the private sector?

(1) Rs 200 Crore

(2) Rs 500 Crore

(3) Rs 600 Crore

(4) Rs 100 Crore

(5) None of these

6. Indian
Financial System Code is a ______.

(1) 10 digit code

(2) 11 digit alphanumeric code

(3) 12 digit alphanumeric code

(4) 16 digit code

(5) None of these

7. Immediate
Payment Service (IMPS) is an interbank electronic instant money transfer
service through mobile phones in India. This facility is provided by _______.

(1) Reserve Bank of India

(2) National Payment Corporation of India

(3)
Government of India                                                                     

(4) Finance Ministry

(5) TRAI (Telecom Regulatory Authority of
India)

8. If interest
payment is deducted from the fiscal deficit, then the balance is-?
(1) Primary deficit                               

(2) Budgetary deficit
(3) Revenue deficit                               

(4) Monetary deficit

(5) None of these

9. Which of the
following Price Indices of India is considered for measuring ‘Inflation’?

(1) GDP-Deflator   

(2) CPI – AL/RL                      

(3) CPI

 (4)
WPI                     

(5) None of these

10. The Ratio of the Cash Reserves that the bank
are required to keep with RBI is known as

 (1)
Liquidity Ratio                               

(2) SLR                                       

(3) CRR                                       

(4) NDTL                                   

(5) None of these           

Answers:

Qs1 (1)          Qs2. (2)       Qs3(4)        Qs4 (2)        Qs 5(2)

Qs 6(2)       Qs 7 (2)       Qs 8(1)        Qs9 (3)        Qs10 (3)

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