IMPORTANT BANKING AWARENESS QUESTIONS : SET 3

Banking awareness plays a vital role in the General knowledge section.So, start preparing for your mains examination and score more marks by practising these quizzes.


1) FDI to India decreased to 40 billion dollars last year from 44 billion dollars in 2016 while outflows from India, according to the report by the UN.What is the abbreviation of FDI?

a) Fund Direct Investment

b) Financial Dealer Investment

c) Foreign Dealer Investment

d) Financial Direct Investment

e) Foreign Direct Investment

2) Which of the following airlines has sought proposals for short-term loans worth Rs 1,000 crore to meet urgent working capital requirements according to PTI report ?

a) Jet Airways

b) IndiGo

c) Air India

d) Air Asia

e) Air India Express

3) Reserve Bank of India stated that interest subsidy scheme on short-term crop loans of up to three lakh rupees will be implemented through the (DBT) mode from the current financial year.What is the abbreviation of DBT?

a) Development Benefit Transfer

b) Data Benefit Transfer

c) Demand Benefit Transfer

d) Direct Benefit Transfer

e) Draft Benefit Transfer

4) Which of the following bank has approved Atal Bhujal Yojana (ABHY), a Rs.6000 crore Central Sector Scheme of the Ministry of Water Resources, River Development and Ganga Rejuvenation which is to be implemented over a period of five years from 2018-19 to 2022-23?

a) World Bank

b) Reserve Bank of India

c) National Housing Bank

d) Regional Rural Bank

e) International Bank for Reconstruction and Development

5) Where is the Headquarter of World Bank ?

a) Bangkok

b) Paris

c) London

d) Washington,D.C

e) New York

6) Aex is the stock exchange of which of the following countries?

a) India

b) China

c) Canada

d) Brazilian

e) Amsterdam

7) Merval is the stock exchange of which of the following countries?

a) China

b) India

c) French

d) Argentina

e) Jakarta

8) NASDAQ is the stock exchange of which of the following countries?

a) Jakarta

b) United states

c) Mexican

d) Hong Kong

e) French

9) National stock exchange is also known as _______

a) DOW

b) Index NZX 50

c) NASDAQ

d) Nikkei

e) Nifty

10) What is the other name of Singapore stock exchange?

a) Merval

b) Shanghai

c) Sensex

d) S & P 500

e) STRAITS

11) __________ Exchange was incorporated under the recommendations of high powered Pherwani Committee.

a) National Stock Exchange

b) Bombay Stock Exchange

c) Londan Stock Exchange

d) China Stock Exchange

e) Taiwan Stock Exchange

12) Which of the following is the function of Securities Exchange Board of India (SEBI)?

a) To regulate the business of the stock market and other securities market

b) To prohibit insider trading in securities market

c) To promote and regulate the self-regulatory organisations

d) To prohibit fraudulent and unfair trade practices in securities market

e) All of the above

13) Mexican Stock Exchange is also Known as ________

a) Jakarta

b) Aex

c) DOW

d) S&P 500

e) IPC

14) What is Money Market?

a) Is a market that trades inprimary rather than the manufactured poducts.

b) Is a market where financial instruments with high liquidity and very short maturities are traded.

c) Is a form of risk management primarily used to hedge against the risk of a contingent,uncertain loss.

d) Is a global decentralised market for the trading of currencies.

e) Is the financial market for derivatives, financial instruments which are derived from other forms of assets

15) ________ is the financial market for derivatives, financial instruments like futures contracts or options, which are derived from other forms of assets.

a) Capital Market

b) Foreign Exchange Market

c) Insurance Market

d) Money Market

e) Derivatives Market

16) ________ is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

a) Derivatives Market

b) Foreign Exchange Market

c) Capital Market

d) Insurance Market

e) Money Market

17) ________ is a market that trades in primary economic sector rather than manufactured products.

a) Commodity Market

b) Capital Market

c) Money Market

d) Insurance Market

e) Derivatives Market

18) ________ is a company that assigns credit ratings to institutions that issue debt obligations such as mortgage backed securities.

a) Credit Rating Agency

b) International Cultivar Registration Authorities

c) Insurance Regulatory and development Authority

d) Credit Rating Information Services of India Limmited

e) None of these

19) FTSE 100 is the Stock Exchange of which of the following country?

a) United States

b) Taiwan

c) Singapore

d) New Zealand

e) London

20) TSEX is the stock exchange of which of the following country?

a) Deutch

b) Indian

c) Taiwan

d) London

e) Amsterdam


Answer Key

1) e) Foreign Direct Investment

2) c) Air India

3) e) Draft Benefit Transfer

4) a) World Bank

5) d) Washington,D.C

6) e) Amsterdam

7) d) Argentina

8) b) United states

9) e) Nifty

10) e) STRAITS

11) a) National Stock Exchange

12) e) All of the above

13) e) IPC

14) b) Is a market where financial instruments with high liquidity and very short maturities are traded.

15) d) Money Market

16) c) Capital Market

17) a) Commodity Market

18) a) Credit Rating Agency

19) e) London

20) c) Taiwan


Aspirants can check the below links to know more:

SOUTH INDIAN BANK PO CURRENT AFFAIRS QUIZ – SET 1

IBPS RRB 2018 : Official Regional(Local) Language List

IMPORTANT BANKING ABBREVIATION QUESTIONS