Banking Questions for SBI SO [TEST-2]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
CICs having asset size of 100 crore or above are categorised as which of the following?
A
Systemically Important Core Certified Companies
B
Systemically Important Core Investment Companies
C
Systemically Core Investment Companies
D
None of the above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The most important source of financing the State Government's Gross Fiscal Deficit (GFD) in India has been.....
A
Loans from financial institutions
B
Loans from provident funds and reserve funds
C
Loans from central government
D
Market borrowings
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following could be considered as an initiative towards promotion of financial inclusion?
A
Opening of no frills accounts
B
Appointing business correspondents for servicing rural customers
C
Opening of bank branches in unbanked districts
D
All of the above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The government of India has increased the budget of Agricultural Education by..... this year as compared to the financial year 2013-14.
A
71.30%
B
83.70%
C
53.60%
D
47.40%
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Mutual funds are regulated by [Corporation Bank 2011]
A
Association of Mutual Funds of India (AMFI)
B
Securities and Exchange Board of India (SEBI)
C
Reserve Bank of India
D
IRDA
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Emirates Islamic Bank has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. Where is the head office of Emirates Islamic Bank?
A
Dubai
B
Abu Dhabi
C
Doha
D
Muscat
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Increased interest rates, as is existing in the economy at present will..... [IBPS 2012]
A
Lead to higher GDP growth
B
Lead to lower GDP growth
C
Mean higher cost of raw materials
D
Mean lower cost of raw materials
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What do we call the type of banking carried out by the non-bank financial intermediaries which provide services similar to those of traditional commercial banks?
A
Social Banking
B
Mixed Banking
C
Shadow banking
D
Narrow banking
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of these committees was formed in 1915 to review the performance of cooperative societies and suggest measures for strengthening them?
A
Raja Hari Committee
B
Maclagan Committee
C
Saraiya Committee
D
Frederick Nicholson Committee
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The single largest component of external debt is?
A
Commercial borrowings
B
Multilateral debt
C
Short term debt
D
NRI deposits
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