Banking and Financial awareness

Banking and financial awareness questions for bank exams - Set 1

Banking and financial awareness questions and answers for IBPS, RBI, SBI Exams, Bank Po banking awareness online practice tests, banking awareness for IBPS

1. Which of the following are functions of foreign bank?

a. remitting money from one country to another.

b. discounting of foreign bills.

c. buying and selling of metals.

d. helping in import and export trade.

i.   only a and b

ii.  b and c

iii. a b and c

iv  all of the above.

Ans: iv 

2. What does the M in M-banking stands for?

a. money 

b. marginal 

c. message 

d. mutual fund 

e. mobile

Ans: e

3. Section 14 of banking regulations act 1949 deals with:-

a. prohibition of a banking company form creating a charge upon anu unpaid capital of the         company.

b. system of licensing of banks by RBI

c. regarding holidays of the bank

d. none of the above.

Ans: a

4. As per which act, holidays are provided in the banks?

a. RBI act

b. Banking regulation act

c. As per orders of govt.

d. Banking nationalization act.

Ans: b

5. World investment report is published by?

a. UNDP 

b. World bank 

c. IMF 

d. UNCTAD

Ans: d