Banking & Financial Awareness for Bank Exam
1. A special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them is known as
- Universal Banking
- Mobile Banking
- Retail Banking
- Investment banking
- Offshore Banking
2. A SWIFT code is an international bank code that identifies particular banks worldwide. In SWIFT, ‘S’ stands for
- Secure
- Source
- Social
- Society
- Service
3. The circumstance where the inflation of a nation increases gradually, but continually, over time is called which of the following?
- Galloping Inflation
- Hyperinflation
- Stagflation
- Deflation
- Creeping Inflation
4. Recently, PMSMA, which was launched in 2016, has crossed 1 crore mark in antenatal check-ups. In PMSMA, ‘S’ stands for
- Sulabh
- Seva
- Sampooran
- Surakshit
- Shubh
5. ________is a temporary pass through account held by a third party during the process of a transaction between two parties.
- Current account
- Fixed Account
- Escrow account
- Reserve Account
- None of these
6. The BRBNMPL was established as the wholly owned subsidiary of the RBI in 1995 in
- Mumbai
- New Delhi
- Bengaluru
- Hyderabad
- None of these
7. StockHolding was incorporated as a Public Limited Company in 1986 & it is a subsidiary of
- IFCI Limited
- RBI
- SIDBI
- NABARD
- None of these
8. Recently, Federal Bank has entered into a strategic partnership with Hedge Equities Ltd for providing Portfolio Investment Scheme (PIS) services to NRIs. The headquarters of Federal Bank is in
- New Delhi
- Bengaluru, Karnataka
- Aluva, Kerala
- Kolkata, West Bengal
- Mumbai, Maharashtra
9. Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which Act?
- Foreign Exchange Management Act, 1999
- Companies Act, 1956
- Banking Regulation Act, 1949
- Reserve Bank of India Act,- 1934
- None of these
- Notice Money
- Soft Money
- Hot Money
- Fiat money
- None of these
Answers:
- 4
- 4
- 5
- 4
- 3
- 3
- 1
- 3
- 1
- 4
