Banking & Financial Awareness for SBI /Syndicate Bank

Banking & Financial Awareness for SBI /Syndicate Bank

1. The Reserve Bank of India takes which of the following measures when it intends to ease the liquidity crunch in the country?

        (A)  It prints and supplies additional currency notes in the market.

        (B)  It takes steps to increase the flow of foreign direct investment.

        (C)  It reduces Statutory Liquidity Ratio (SLR) and Cash Reserve Ratio (CRR).

        1) Only (A)            2) Only (B)       3) Only (C)

        4) Only (A) and (B)             5) All (A), (B) and (C)

2. Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). Consider the following with respect to SIPs:

        (A)  Mutual Funds

        (B)  Small Savings Schemes in Post Offices

        (C)  National Pension Fund

        (D)  National Savings Certificates

        SIPs are the investment options operated in which of the above fields?

        1) Only (A)           2) Only (B)         3) Only (C)

                4) Only (A) and (B)             5) All (A), (B) and (C)

3. Who among the following is the CEO and Managing Director of the National Stock Exchange?

        1) Chitra Ramakrishnan    2) Ravi Narain

        3) Ambarish Datta              4) Madhu Kannan

        5) Vikram Limaye

4. Which of the following can be termed as a negotiable instrument?

        1) P-Note                               2) Bill of exchange

        3) Cheque                             4) Only 1) and 2)

        5) All 1), 2) and 3)

5.  Where is the head office of IndusInd Bank?

      1)  Kerala                                  2) Kolkata

       3) New Delhi                          4) Mumbai

       5) Chennai

6. Many times we read in the newspapers that several companies are adopting the FCCBs route to raise capital. What is the full form of FCCBs?

       1) Foreign Currency Convertible Bonds

        2) Foreign Convertible Credit Bonds

        3) Financial Consortium & Credit Bureau

        4) Future Credit & Currency Bureau

        5) None of these

7.  Which of the following is the first public sector bank to issue capital to public?

       1) Corporation Bank

       2) Indian Overseas Bank

       3) Oriental Bank of Commerce

       4) Punjab National Bank

        5) None of these

8. “Your Family Bank, Across India” is the tagline of which of the following PSBs?

       1) Karnataka Bank

       2) Lakshmi Vilas Bank

       3) South Indian Bank

       4) Karur Vysya Bank

       5) None of these

9.  Which of the following will NOT be counted as an asset of a bank?

       1) Cash with RBI

       2) Bill and Securities discounted

       3) Fixed deposits with it

       4) Loans and advances given

       5) Investment of bank

10. An Indian bank authorised to deal in foreign exchange maintains an account with an overseas bank in USA in US Dollar. Such account of an Indian bank is called a

       1) NOSTRO account

       2) VASTRO account

       3) LORO account

       4) FCNR account

        5) NRO account

11. Which of the following is a term deposit account that can be maintained by NRIs and PIOs in foreign currency in India?

         1) NRE

         2) NRO

         3) FCNR

         4) All the above

        5) Other than those given as options

---

Answers:

1. 3
2. 1
3. 5
4. 5
5. 4
6. 1
7. 3
8. 1
9. 3
10. 1
11. 3