IBPS CLERK BANKING AWARENESS QUIZ


IBPS CLERK BANKING AWARENESS QUIZ
IBPS CLERK BANKING AWARENESS QUIZ
Commercial paper is essentially
A.      Fully secured paper
B.      Unsecured money market instrument
C.      Partly-secured paper
D.      All of the above
Answer: B

Which of the following is the first commercial bank who had launch a mutual fund?
A.      SBI
B.      Canara bank
C.      Indian bank
D.      Bank of India
Answer: A

The bank of Bengal gots its charter
A.      1809
B.      1819
C.      1810
D.      1820
Answer: A

When the Reserve Bank desires to restrict expansion of credit it
A.      Raises the bank rate
B.      Reduces the bank rate
C.      Freezes the bank rate
D.      None of these
Answer: A
The minting of rupee coin is governed by
A.      Coinage Act, 1906
B.      Reserve bank of india Act, 1934
C.      Banking regulation Act, 1949
D.      None of these
Answer:A

NABARD extends refinance to
A.      State land development banks, state cooperative banks
B.      Regional rular banks
C.      Commerical banks and other financial institutions approved by RBI
D.      All of these
Answer: D

What is the main objectives of special Electronic Fund Transfer Scheme (SEFT)?
A.      Safe
B.      Secure
C.      Same day electronicinterbank transfer of funds across the country
D.      All of the above
Answer: D

Treasury bill is
A.      Negotiable security
B.      Non- Negotiable security
C.      No security at all
D.      None of the above
Answer: A

Marketing is a
A.      Political activity
B.      Legal activity
C.      Socio-economic activity
D.      All of the above

Answer: A
IBPS CLERK BANKING AWARENESS QUIZ IBPS CLERK BANKING AWARENESS QUIZ Reviewed by SSC-IBPS on 19:04:00 Rating: 5
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