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IBPS
BANK EXAMINATIONS – BANKING AWARENESS – PRACTICE TEST
01. Which of the following cannot be
called as a debt instrument as referred in the financial transactions?
a)
Certificate of deposit; b) bonds; c) stocks;
d) commercial papers; e) loans
02. Whenever RBI does some open market
operation transactions, actually it wishes to regulate which of the following?
a)
Inflation only; b) liquidity in economy; c)
borrowing powers of the banks; d)flow of foreign direct investments;
e)
none of the above
03. In economics, it is generally believed
that the main objective of a public sector financial company like bank is to:
a)
Employ more and more people; b) maximize
the total profits; c) maximize total production; d) provide financial services
to the people of the nation of its origin across the country;
e)
sell the goods at subsidized rates
04. In a company where they make use of price sensitive corporate information, people closer to the company adopts the
technology to make gains or cover losses and it is known as
a)
Insider trading; b) Future trading; c) Foreign
trading; d) Stock trading; e) None of these
05. What is Repo rate?
a)
When a bank is in need of cash can sell
securities to RBI against cash on the condition that the bank will repurchase
the securities in a short period
b)
When a bank has excess cash, they buy
securities from RBI against cash on the condition that they resell the
securities to RBI on a pre fixed day and price
c)
It is rate at which RBI allows small loans
in the market
d)
It is a rate which is offered by banks to
their most valued customers or prime customers
e)
None of these
06. Bharat Nirman does not cover which of
the following areas?
a)
Rural employment; b) Rural housing c) Rural water supply; d) Irrigation
facilities; e) It covers all the above areas
07. Which of the following committee has
given its recommendations on “Financial inclusions”?
a)
Rakesh Mohan committee; b) Rangarajan
committee; c) Sinha committee; d) Kelkar committee; d) None of these
08. The actual return of an investor is
reduced sometimes as the prices of the commodities go up all of a sudden and in
financial sector this type of phenomenon is known as
a)
Probability risk; b) Market risk; c) Inflation
risk; d) Credit risk; e) None of these
09. An industry which is fighting hard to
increase its market share in existing market(with new popular products) is
known as:
a)
Market vendor; b) Market operator; c) Market
leader; d) Market follower; e) Market challenger
10. Which of the following products
launched by most of the banks help farmers in getting instant credit for various
agricultural purposes?
a)
Kisan credit card; b) Personal loan; c) Business
loan; d) ATM card; e) None of these
11. Which of the following products of a
bank is specifically designed to provide financial help to children in their
higher studies in India or in a foreign country?
a)
Personal loan; b) Corporate loan; c) Housing
loan; d) Educational loan; e) Mortgage loan
12. Which of the following policies of the
financial sectors is basically designed to transferring local financial assets
into foreign asset freely and at market determined exchange rates? Policy of
a)
Capital account convertibility; b) Financial
deficit management; c) Minimum support price; d) Restrictive trade practices
e)
None of these
13. A customer is willing to purchase some
US dollars in the country. He/she should go to:
a)
Public Debt Division of the RBI only; b) American
Express Bank only; c) RBI or any branch
of a bank which is authorized for such business; d) Ministry of Foreign affairs;
e) None of these
14. Which of the following is not a social
assistance program launched by the Government of India?
a)
National old age pension scheme; b) Annapurna
scheme; c) National family benefit scheme; d) Indira Awas Yojana;
e)
All are social assistance programs
15. Many times we see in newspapers that
some projects are launched by the Government authorities on PPP basis. What is
the full form of PPP?
a)
Preferential Payment Plan; b) Public
Private partnership; c) Partial payment project; d) Popular private project
e)
Public private plan
16. The ratio of the cash reserves that
the banks are required to keep with RBI is known as:
a)
Liquidity ratio; b) Statutory liquidity
ratio; c) CRR; d) Net demand and time liabilities; e) None of these
17. The availability of cash and other
cash like marketable instruments that are useful in purchases and investments
are commonly known as:
a)
Cash crunch; b) liquidity; c) credit; d)
marketability; e) none of these
18. Which of the following schemes
launched by the Government of India provides a guaranteed 100 days employment
to rural employment seekers in India?
a)
Bharat Nirman; b) Swarnajayanthi Grameen
Rozgar Yojana; c) National Rural Employment guarantee act; d) National food for
work programme; e) none of these
19. The Reserve Bank of India keeps on
modifiying various rates/ratios to keep the flow of liquidity in the market in
a baqlanced situation and which of the following rates/ratios/indexes is not
directly controlled by the RBI?
a)
Cash reserve ratio; b) bank rate; c) repo
rate; d) reverse repo rate; e) wholesale price index
20. Many banks have adopted/launched “Core
Banking Solutions” and core banking solutions means
a)
A marketing strategy adopted by the banks;
b) a new type of automated teller machines useful for rural population; c) a
delivery channel for quick and fast delivery; d) a new product launched to help
senior citizens only as they are not able to visit the branches/ATMs
frequently; e) none of these
21. Which of the following terms are not
used in banking sector?
a)
Statutory liquidity ratio; b) non
performing asset; c) credit rating; d) fixed; e) PURA
22. Banking sector comes under which of the following sectors?
a)
Agriculture sector; b) service sector; c)
manufacturing sector; d) industrial sector; e) none of these
23. An account in which trading of shares
in their electronic form is done is known as:
a)
Demat account; b) NRE account; c) NRO
account; d) FCNR account; e) RFC account
24. Which of the following
programmes/schemes of the Government of India is not directly related with
agriculture activities?
a)
Drought Prone areas programme; b) Promotion
of integrated pest management; c) Integrated wastelands development programme;
d) Annapurna scheme; e) Desert Development programme
25. Find the odd man out from the
following groups?
a)
ICICI Bank, Canara Bank, Central Bank of
India, Punjab National Bank, Indian Bank
b)
Canara Bank, State Bank of India, Lakshmi
Vilas Bank, Karur Vysya Bank, United Bank of India
c)
Bank of India, Corporation Bank, Indian
Bank, IDBI Bank, Axis bank
d)
Bank of Maharashtra, Barclays bank,
Oriental Bank of Commerce, Indian Bank, IDBI bank
e)
Union Bank of India, Bank of India, Andhra
Bank, Dena Bank, Indian Bank
26. Which among the following is the
recently opened private sector bank in the country?
a)
ICICI bank; b) HDFC bank; c) AXIS Bank; d)
Kotak Mahindra Bank; e) Yes bank
27. Mortgage relates to which type of loan
among the following?
a)
Housing loan; b) educational loan; c) car
loan; d) gold loan; e) personal loan
28. Fourteen banks were nationalized in
the country during the first stage on:
a)
19.07.1970; b) 19.07.1969; c) 19.07.1971;
d) 18.07.1969; e) 15.07.1969
29. The sponsorship between State
government, central government and sponsor bank is in the ratio of--------- in
respect of Regional Rural Banks in the country:
a)
15-50-35; b) 50-35-15; c) 35-15-50; d)
35-50-15; e) 15-35-50
30. When it comes to providing locker
facility to the customer of any bank, the relationship between the customer and
banker is that of:
a)
Debtor and creditor; b) Bailor and bailee;
c) Lessee and lessor; d) Lessor and lessee; e) Agent and principal
ANSWERS:
ANSWERS:
TEST
NO: 001
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1-E
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2-C
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3-B
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4-A
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5-A
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6-E
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7-A
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8-A
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9-E
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10-A
|
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11-D
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12-A
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13-C
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14-C
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15-B
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16-B
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17-C
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18-C
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19-E
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20-C
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21-C
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22-B
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23-A
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24-D
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25-D
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26-E
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27-A
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28-B
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29-A
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30-C
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