SBI PO Mains Exam 2017: Banking Awareness Quiz

1. Which of the following have the right to mint coins of all denominations in India?

 a)      Govt. of India

b)      Reserve Bank of India

c)       Both 1 and 2

d)      SBI

e)      All of the above

 Ans: Option a)

 2. The RBI’s model for rating of Indian Bank is called-

a)      CARE

b)      PCA

c)       CAMELS

d)      CRISIL

e)      None of these

Ans: Option c)

3. What does OLTAS stand for?

 a)      Online Tax Accounting System

b)      Online Transfer Accounting System

c)       Online Tax Application System

d)      Online Transfer Application System

e)      None of these

Ans: Option a)

4. Which of the following full forms of the given acronyms is NOT correct?

a)      MSF: Marginal Standing Facility Rate

b)      LAF: Liquidity Adjustment Facility

c)       CAR: Current Adequacy Ratio

d)      CRR: Cash Reserve Ratio

e)      None of these

Ans: Option c)

 5. The book named 'Fault Lines - How Hidden Fractures Still Threaten the World Economy’ is authored by-

a)      Raghuram Rajan

b)      Urjit Patel

c)       Usha Thorat

d)      Anand Sharma

e)      None of these

Ans: Option a)

 6. A  bank, which provides various kind of banking activities, is both a commercial bank and an investment bank and provides other financial services such as insurance, consultation etc, is termed as

 a)      Shadow Banking

b)      Wholesale Banking

c)       Retail Banking

d)      Universal Banking

e)      None of these

 Ans: Option d)

 7. Which of the following is NOT a type of cheques used in India as per the present rules and regulations?

a)      Stale Cheque

b)      Open Cheque

c)       Closed Cheque

d)      Beares Cheque

e)      Order Cheque

Ans: Option c)

8. The Capital city of Kazakhstan is

a)      Kazakh

b)      Astana

c)       Almaty

d)      Karaganda

e)      None of these

Ans: Option b)

 9. NABARD was established in the year-

a)      1981

b)      1982

c)       1983

d)      1984

e)      None of these

Ans: Option b)

 10. An FCCB is a type of convertible bond issued in currency different than issuer’s domestic currency. The term FCCB means-

a)      Foreign Castex Convertible Bond

b)      Foreign Category Convertible Bond

c)       Foreign Capital Convertible Bond

d)      Foreign Currency Convertible Bond

e)      None of these

Ans: Option d)

Expected Letter writing topics for SBI PO Mains Exam 2017