Banking Awareness Quiz  for SBI PO Mains – 98

1) Benchmark Prime Lending Rate was introduced in which year?

a) 2000

b) 2001

c) 2002

d) 2003

e) 2004

2) Which of the following is not the subsidiary of RBI?

a) BRBNMPL

b) NHB

c) DICGC

d) All the above

e) None of these

3) Banking Codes and Standards Board of India (BCSBI) headquartered in –

a) Jaipur

b) Chennai

c) Kolkata

d) Mumbai

e) New Delhi

4) Expand the term SWIFT-

a) Security of Worldwide Interbank Financial Transactions

b) Society for Worldwide Intrabank Financial Transactions

c) Security of Worldwide Intrabank Financial Transactions

d) Society for Worldwide Interbank Fiscal Treaties

5) How many offices are there of Banking Ombudsman throughout India?

a) 10

b) 12

c) 15

d) 17

e) 27

6) What is the method called, used by the Banks to read code on cheques?

a) OCR

b) OMR

c) MICR

d) LCR

e) None of these

7) Basel III capital regulations are being implemented in India with effect from—-?

a) 1 April , 2013

b) 1 April , 2019

c) 31 March, 2013

d) 31 March, 2019

e) None of the above

8) In which section of the RBI Act 1934, CRR is defined?

a) Section 40

b) Section 41

c) Section 42

d) Section 43

e) Section 44

9) Hybrid capital instruments (debt / equity) form part of ______ capital.

a) Tier II     

b) Tier I

c) Paid up            

d) Preference share

e) Equity share

10) 10  Minimum period of a Certificate of Deposit is :

a) 15 days     

b) 30 days     

c) 10 days     

d) 7 days

e) 31 days