Banking Awareness Quiz for IBPS and SBI

1. Largest shareholders (in % shareholding) of a nationalized bank is .........?
1. RBI
2. NABARD
3. LIC
4. Government of India
Ans- 4


2. Banks in our country normally publicizes that additional interest rate is allowed on retail domestic term deposits of .......?
 1. Minors
2. Married women
3. Senior citizens
4. Government employees
Ans-3

3. Which of the following is not considered a money market instrument?
1. Treasury bills
2. Repurchase agreement
3. Commercial Paper
4. Share and Bonds
Ans-4

4. NEFT means....?
1. National Electronic Funds Transfer system
2. Negotiated Efficient Fund Transfer system
3. National Efficient Fund trasfer solution
4. None of these
Ans-1

5. Upper limit prescribe for RTGS transaction is ......?
1. Rs 1 lakh
2. Rs 2 lakh
3. No upper limit
4. Rs 50 lakh
ans-3

6. Distribution of insurance products and insurance policies by banks as corporate agents is known as .....?
1. General insurance
2. Non-life Insurance
3. Bancassurance
4. Deposit insurance
Ans-3

7. When a bank returns a cheque unpaid it is called.......?
1. payment of the cheque
2. drawing of the cheque
3. cancelling of the cheque
4. dishonour of the cheque
Ans-4

8. Fixed deposits and recurring deposits are..........?
1. repayable after an agreed period
2. repayable on demand
3. not repayable
4. repayable after death of depositors
Ans-1

9. Which of the following is the correct statement/
1. SBI is the sole authority to issue and manage currency in India
2. A nationalised bank is the sole authority to issue and manage currency in India
3. RBI is the sole authority to issue and manage currency in India
4. None of these
Ans- 4

10. Interest payable on savings bank account is .......?
1. not regulated by RBI
2. regulated by State Government
3. regulated by Central government
4. regulated by RBI
Ans-4

1. Largest shareholders (in % shareholding) of a nationalized bank is .........?
1. RBI
2. NABARD
3. LIC
4. Government of India
Ans- 4


2. Banks in our country normally publicizes that additional interest rate is allowed on retail domestic term deposits of .......?
 1. Minors
2. Married women
3. Senior citizens
4. Government employees
Ans-3

3. Which of the following is not considered a money market instrument?
1. Treasury bills
2. Repurchase agreement
3. Commercial Paper
4. Share and Bonds
Ans-4

4. NEFT means....?
1. National Electronic Funds Transfer system
2. Negotiated Efficient Fund Transfer system
3. National Efficient Fund trasfer solution
4. None of these
Ans-1

5. Upper limit prescribe for RTGS transaction is ......?
1. Rs 1 lakh
2. Rs 2 lakh
3. No upper limit
4. Rs 50 lakh
ans-3

6. Distribution of insurance products and insurance policies by banks as corporate agents is known as .....?
1. General insurance
2. Non-life Insurance
3. Bancassurance
4. Deposit insurance
Ans-3

7. When a bank returns a cheque unpaid it is called.......?
1. payment of the cheque
2. drawing of the cheque
3. cancelling of the cheque
4. dishonour of the cheque
Ans-4

8. Fixed deposits and recurring deposits are..........?
1. repayable after an agreed period
2. repayable on demand
3. not repayable
4. repayable after death of depositors
Ans-1

9. Which of the following is the correct statement/
1. SBI is the sole authority to issue and manage currency in India
2. A nationalised bank is the sole authority to issue and manage currency in India
3. RBI is the sole authority to issue and manage currency in India
4. None of these
Ans- 4

10. Interest payable on savings bank account is .......?
1. not regulated by RBI
2. regulated by State Government
3. regulated by Central government
4. regulated by RBI
Ans-4

22 comments:

  1. when will release
    rrbs interview schedule and cut off

    ReplyDelete
  2. Vacancy comes around january. You need to apply in rrb if shortlisted you will called for interview

    ReplyDelete
  3. In the above ques no 9 ...the correct answer is 3 na ?

    ReplyDelete
  4. no. answer is none of these as govt of india also issue Rs 1 coin

    ReplyDelete
  5. mera xam 7 dec ko h to nov k ca padna jaruri h maine oct tk ki padhi plz tell me

    ReplyDelete
  6. rrb 133gencat up is that any chance 4 interview

    ReplyDelete
  7. thank you sir...

    ReplyDelete
  8. sir..mi jharkhand se hu..kiya mi sbi associate clerk punjab se apply kar sakta hu...notification me local language ke bare me nahi bataya hi..

    ReplyDelete
  9. sir mera sbi clerk written hai..but app. form print out nahi mil raha....kya interview me prob hogi?

    ReplyDelete
  10. sir i dont have application print out of sbi clerk .kahin interview mein panga to nahin dal denge....ya fir yeh sbi wale bad me link de sakte hain application print out k like jaise RRB ne link activate kr deya hain to download application print out?

    ReplyDelete
  11. Wait 1-2days maybe sbi activate link again otherwise contact sbi helpline no.

    ReplyDelete
  12. It is necessary so try to find out

    ReplyDelete
  13. nov k b padna jaruri h ca

    ReplyDelete
  14. sir last ques.. ans is 1 na..as it is by individual bank.

    ReplyDelete
  15. yes . but when individual bank is not in option then rbi

    ReplyDelete
  16. but in the 1st option not regulated by rbi is the answer then!!

    ReplyDelete
  17. shgb k vaccancy ayi h to kya mai bharu marks 133gen fm up

    ReplyDelete
  18. you can fill but you need to go to haryana to make challan. First vacancy hai RB -III so vutoff high jayega

    ReplyDelete