Banking and financial awareness Quiz Pdf for SBI, IBPS & RRB

Here are some latest and important objective questions asked in various banking and government sector exams related to finance and economics. In this article, we are sharing a Banking and financial awareness Quiz Pdf.

Q1-Which of the following statements is true about Kris Gopalakrishnan committee?
1. Non-personal data is any set of data which doesn’t contain personally identifiable information.
2. Public non-personal data, community non-personal data and private non-personal data.
3. Community non-personal data is the data generated by the companies like Google, Amazon, etc.
(a) 1 only
(b) 2 only
(c) 1 and 2 only
(d) 1,2 and 3 all
• Correct option: (c)

Q2-Which of the following statements is true about INDSAT?
1. It stands for Indian Scholastic Assessment (Ind-SAT) Test.
2. 5000 students from Bangladesh , Nepal, Bhutan, Ethiopia, Rwanda, Sri Lanka, Tanzania participated.
3. 112 institutions are a part of this program.
(a) 1 only
(b) 1 and 2 only
(c) 2 only
(d) 3 only
• Correct option: (b)

Q3- Delhi ranked ____ among the top 20 most populated cities in the world:
(a) 2nd
(b) 5th
(c) 10th
(d) 4th
• Correct option: (a)

Q4- Which city has ranked top among the 20 most populated cities in the world?
(a) New York
(b) Paris
(c) Bangalore
(d) Tokyo
• Correct option: (d)

Q5-Chennai ranked _____ among the World’s topmost 50 Surveilled cities:
(a) 21st
(b) 45th
(c) 14th
(d) 37th
• Correct option: (a)

Q6-The market in which banks and financial institutions that provide long term loans to firms , for modernization, expansion and diversification of business:
(a) Corporate securities market
(b) Government securities market
(c) Long-term loans market
(d) None of these
• Correct option: (c)

Q7-_____ deals with the conversion of short-term liabilities to long term assets:
(a) Risk transformation
(b) Maturity transformation
(c) Convenience denomination
(d) None of these
• Correct option: (b)

Q8-______ deals with the conversion of risky investments into relatively risk free ones:
(a) Risk transformation
(b) Maturity transformation
(c) Convenience denomination
(d) None of these
• Correct option: (a)

Q9-____ is a way of matching small deposits with large loans and large deposits with small loans:
(a) Convenience denomination
(b) Depository institutions
(c) Non-depository institutions
(d) Risk transformation
• Correct option: (a)

Q10- The ‘Imperial Bank of India’ is now called as :
(a) RBI
(b) BOB
(c) SBI
(d) NABARD
• Correct option: (c)

Q11-In which year the Punjab National Bank, the first bank to be managed solely by Indians:
(a) 1895
(b) 1996
(c) 1846
(d) 1852
• Correct option: (a)

Q12-Initially the RBI was setup in Calcutta and permanently moved to Mumbai in which year?
(a) 1935
(b) 1937
(c) 1940
(d) 1945
• Correct option: (b)

Q13-Deposit Insurance and Credit Guarantee Corporation (DICGC) was setup in which year?
(a) 1982
(b) 1995
(c) 1978
(d) 1956
• Correct option: (c)

Q14-Bhartiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was set up in which year?
(a) 1995
(b) 1975
(c) 1946
(d) 1935
• Correct option: (a)

Q15-Bharatiya Mahila Bank Limited , an all women’s bank, located in New Delhi, was established in which year?
(a) 2000
(b) 2009
(c) 2015
(d) 2013
• Correct option: (d)

Q16-RRBs are regulated by _____ ,with a minimum capital of Rs 5 crore:
(a) RBI
(b) Ministry of Finance
(c) SEBI
(d) NABARD
• Correct option: (d)

Q17-Cooperative banks are regulated by _____ under Banking Regulations Act 1949:
(a) Ministry of Finance
(b) RBI
(c) NABARD
(d) SIDBI
• Correct option: (b)

Q18-____ banking promotes deployment of clean energy technologies:
(a) Retail
(b) Green
(c) Wholesale
(d) Universal
• Correct option: (b)

Q19-In more than 200 countries, this type of banking is prevalent and is considered as the most profitable way of doing business:
(a) Relationship banking
(b) Chain banking
(c) Correspondent banking
(d) None of these
• Correct option: (c)

Q20-This uses a series of electronic payment instructions for transfer of funds instead of paper instruments:
(a) Electronic Clearing Service (ECS)
(b) Cheque Truncation System (CTS)
(c) Electronic Funds Transfer (EFT)
(d) Real Time Gross Settlement (RTGS)
• Correct option: (a)

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