Banking Awareness Quiz for SBI PO |

Dear Readers,
Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis. Let us see how many questions you attempt accurately.

Banking-and-Financial-Awareness-for-SBI-PO

Q1. BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia’s first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India’s leading exchange groups. BSE Established in-

(a) 1921

(b) 1899

(d) 1925

(e) 1875

Q2. NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-

(a) Nominal Sample Survey Office

(b) National Sample Survey Office

(d) National Sample Service Office

(e) National Source Survey Office

Q3. A non performing asset (NPA) is a loan or an advance where, interest and/or installment of principal remain overdue for a period of more than ______ days in respect of a term loan.

(a) 60 days

(b) 70 days

(d) 90 days

(e) 100 days

Q4. Where is the head office of Bank for International Settlements (BIS)?

(a) Zurich, Switzerland

(b) New York, USA

(d) Berlin, Germany

(e) Geneva, Switzerland

Q5. Under which act NPCI was incorporated as a Section 8?

(a) Banking Regulation Act, 1949

(b) Companies Act 2013

(d) Societies Registration Act, 1860

(e) None of the given options is true

Q6. How much amount was authorised capital of NPCI?

(a) Rs 100 crore

(b) Rs 500 crore

(d) Rs 200 crore

(e) Rs 400 crore

Q7. The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises. As under a micro enterprise is an enterprise where investment in plant and machinery does not exceed…………..?

(a) Rs. 100 lakh

(b) Rs. 15 lakh

(d) Rs. 50 lakh

(e) None of the given options is true

Q8. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. In which year Commercial Paper was introduced in India?

(a) 1975

(b) 1990

(d) 1955

(e) 1980

Q9. Which Bank of India maintains the Principal Accounts of Central as well as State Governments at its Central Accounts Section?

(a) IDBI

(b) SBI

(d) NABARD

(e) RBI

Q10. How much amount was paid-up capital of NPCI?

(a) Rs 100 crore

(b) Rs 500 crore

(d) Rs 200 crore

(e) Rs 400 crore

Q11. BCBS is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. What is mean of ‘S’ in BCBS?

(a) Supervision

(b) Serious

(d) Service

(e) Stands

Q12. The Basel III capital regulation has been implemented from April 1, 2013 in India in phases and it will be fully implemented as on-

(a) 31st March, 2020

(b) 31st March, 2019

(d) 31st March, 2018

(e) None of the given options is true

Q13. At the instance of Government of India Reserve Bank of India (RBI) was constituted a committee to review the arrangements for institutional credit for agriculture and rural development (CRAFICARD) on 30 March 1979, under the Chairmanship of-

(a) V K Malhotra

(b) C Rangarajan

(d) Hilton Young

(e) None of the given options is true

Q14. The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of ________________ respectively.

(a) 50%, 15% and 35%

(b) 50%, 35% and 15%

(d) 15%, 50% and 35%

(e) None of the given options is true

Q15. In which of the following cities, The Head Office of FICCI is located?

(a) Hyderabad

(b) Chennai

(d) Mumbai

(e) New Delhi