Dear Readers,
Just a few days are left for Bank of Baroda PO and NIACL Assistant Mains Examination. It is time to pace up your preparation of Banking Awareness for Bank of Baroda PO and NIACL Assistant Mains 2017. These Banking questions will also help you in preparing for SBI PO Mains 2017, and NICL AO Mains 2017 recruitment examination.
Q1. PSLCs are tradable certificates issued against priority sector loans of banks. What does meaning of “Cs” in PSLCs?
(a) Cess
(b) Cities
(c) Census
(d) Certificates
(e) None of the given options is true
Q2. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from –
(a) 1995
(b) 1999
(c) 1990
(d) 1982
(e) 1988
Q3. MTSS is a way of transferring personal remittances from abroad to beneficiaries in India. What does MTSS stand for-
(a) Mobile Transfer Service Scheme
(b) Money Transfer System Scheme
(c) Money Timing Service Scheme
(d) Market Transfer Service Scheme
(e) Money Transfer Service Scheme
Q4. How much cash can payment be made to the beneficiary in India under MTSS?
(a) Rs 2, 00,000
(b) Rs 50,000
(c) Rs 1, 00,000
(d) Rs 10,000
(e) None of the given options is true
Q5. RDA is a channel to receive cross-border remittances from overseas jurisdictions. What does meaning of “A” in RDA?
(a) Account
(b) Assembly
(c) Arrangement
(d) Association
(e) Amount
Q6. Who were the first Chairman and Managing Director (CMD) of Exim Bank?
(a) Ravneet Kaur
(b) TCA Ranganathan
(c) RC Shah
(d) Kalyan Banerji
(e) Yaduvendra Mathur
Q7. ECGC Ltd. wholly owned by Government of India, was set up in ______________ with the objective of promoting exports from the country by providing Credit Risk Insurance and related services for exports.
(a) 1935
(b) 1982
(c) 1964
(d) 1949
(e) 1957
Q8. ECGC is essentially an export promotion organization, seeking to improve the competitiveness of the Indian exporters by providing them with credit insurance covers. What is meaning of “G” in ECGC?
(a) Guarantee
(b) General
(c) Government
(d) Grameen
(e) None of the given options is true
Q9. AIIB is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. AIIB stands for-
(a) Asian Infrastructure Investment Bureau
(b) Asian Infrastructure Investment Bank
(c) Association Infrastructure Investment Bank
(d) Asian International Investment Bank
(e) None of the given options is true
Q10. ICSID is one of the five organizations of the World Bank Group. What is the meaning of “D” in ICSID?
(a) Districts
(b) Division
(c) Development
(d) Disputes
(e) Department
Q11. Which of the following is correct-?
(a) Reserve Bank of India Act, 1935
(b) Reserve Bank of India Act, 1934
(c) Reserve Bank of India Act, 1930
(d) Reserve Bank of India Act, 1921
(e) None of the given options is true
Q12. Which among the following year, “second time nationalisation” of more than 5 banks were conducted?
(a) 1975
(b) 1980
(c) 1985
(d) 1991
(e) None of the given options is true
Q13. NABARD was established on the recommendations of-
(a) Shivaraman Committee
(b) Malhotra Committee
(c) Kumarmangalam Committee
(d) Rangarajan Committee
(e) None of the given options is true
Q14. BFS stands for-
(a) Board for First Supervision
(b) Bureau for Financial Supervision
(c) Board for Financial Supervision
(d) Board for Financial System
(e) Board for Financial Service
Q15. Management of RBI consists of (Regarding Governor and Deputy Governors)-
(a) One Governor and not more than four Deputy Governors
(b) Two Governor and not more than four Deputy Governors
(c) One Governor and not more than three Deputy Governors
(d) Four Governors and not more than one Deputy Governor
(e) Three Governor and not more than two Deputy Governors
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