Banking Awareness Quiz for Bank Exam: 25-May-2020

The Banking Awareness section constitutes a major part of a competitive examination and needs your undivided attention. With the increased competition in the field of Banking examinations, it has now become very important to cover up all the sections efficiently. One subject that can help you bagging graceful marks in the minimum time in these examinations is Banking Awareness. Banking Awareness Quiz not only helps you deal with the General Awareness Section of Banking Exams but also, the Personal Interview round of Banking or Insurance Recruitment.

To complement your preparation for General Awareness section of the upcoming exams like SBI Clerk Mains and RBI Assistant Mains we are providing you Banking Awareness Quiz of 25th May 2020 covering the following topics: Cheque, Capital market, Capital Local Area Bank, ATM.

Q1. A _____________ cheque is any cheque that is crossed with two parallel lines.
(a) payee
(b) crossed
(c) signal
(d) drawer
(e) None of the given options is true

Q2. Caixa Bank has been headquartered in-
(a) United Kingdom
(b) Spain
(c) Singapore
(d) South Africa
(e) USA

Q3. Capital market can be divided into
(a) stock market
(b) bond market
(c) personal securities market
(d) both (a) and (b)
(e) None of the given options is true

Q4. The Headquarters of Capital Local Area Bank is situated in _______
(a) Amritstar, Punjab
(b) Ludhiana, Punjab
(c) Bathinda, Punjab
(d) Jalandhar, Punjab
(e) None of the given options is true

Q5. What are the facilities available to the customers through ATM-?
(a) Cash withdrawal subject to a predetermined limit per day
(b) Cash deposit
(c) Balance enquiry
(d) Details of certain number of transactions
(e) All of the above

Solutions

S1. Ans.(b)
Sol. A crossed cheque is any cheque that is crossed with two parallel lines, either across the whole cheque or through the top left-hand corner of the cheque.

S2. Ans.(b)
Sol. CaixaBank is based in Valencia and Barcelona in Spain.

S3. Ans.(d)
Sol. Capital markets are composed of primary and secondary markets. The most common capital markets are the stock market and the bond market.

S4. Ans.(d)
Sol. Capital Small Finance Bank Limited started operations as India’s 1st Small Finance Bank on April 24, 2016 after conversion from Capital Local Area Bank. Prior to conversion to a Small Finance Bank, Capital Local Area Bank was operating as India’s largest local area bank since January 14, 2000. The headquarters of Capital Small Finance Bank Limited is in Jalandhar, Punjab.

S5. Ans.(e)
Sol. All of the above.

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