Banking Quiz for IDBI, NIACL, India Post

Dear Readers, Banking Awareness Questions play important role in Banking exams. Around 50-60% of questions come from Banking Awareness which includes recent Banking updates also.

Banking Awareness Quiz for IBPS PO, Clerk, SBI PO,Clerk, IBPS RRB PO, Clerk, RBI Assistant, NIACL, India Post and Other competitive exams.

Q1. Where is the headquarter of Federal Bank?
(a) Kochi
(b) Mumbai
(c) New Delhi
(d) Bengaluru
(e) None of the above

Q2. Which private sector bank was earlier known as UTI Bank?
(a) Axis Bank
(b) ICICI Bank
(c) HDFC Bank
(d) Yes Bank
(e) None of the above

Q3. The rural co-operatives are further divided into short-term and long-term structures. The short-term cooperative banks are tiered operating in different states. These are........?
(a) State Co-operative Banks
(b) District Central Co-operative Banks
(c) Primary Agricultural Credit Societies
(d) All of the above
(e) None of the above

Q4. Co-operative banks are registered with...?
(a) Reserve Bank of India
(b) Union Government
(c) Registrar of Cooperative Societies (RCS)
(d) All of the above
(e) None of the above

Q5. Apna Sahakari Bank Ltd is located at?
(a) Bhopal, Madhya Pradesh
(b) Kolkata, West Bengal
(c) Lucknow, Uttar Pradesh
(d) Mumbai, Maharashtra
(e) None of the above

Q6. Which of the following Committee recommended a separate Act, for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act:
(a) Rangarajan Committee
(b) T.R. Andhyarajuna Committee
(c) Narashimham Committee
(d) Nayak Committee
(e) None of the above

Q7. The essential features of securitization are?
(a) Acquisition of Financial Assets by a Securitisation or Reconstruction Company
(b) The Assets may be NPA or standard
(c) On sale the Assets go out of the Books of the Originator
(d) All of the above
(e) None of the above

Q8. What are the Rights available to a secured creditor?
(a) To sell the Assets
(b) File application with DRT for recovery of full or remaining dues
(c) To proceed against the guarantor
(d) All of the above
(e) None of the above

Q9. The significance of index linked bonds is?
(a) It provides protection against inflation rate rise
(b) It is inbuilt in the process
(c) Either (a) or (b)
(d) Both (a) and (b)
(e) None of the above

Q10. Why the corporate prefer to issue debt paper than to Bank credit?
(a) The cost of debt paper is much lower
(b) The procedure is easy
(c) Both (a) and (b)
(d) Either (a) or (b)
(e) None of the above

Answers

1-a

2-a

3-d

4-a

5-d

6-b

7-d

8-d

9-d

10-a