Banking Awareness

Banking Awareness Questions and Answers – Practice SET Currency Swap is an instrument to manage (a) Currency Risk (b) Interest rate risk (C) Currency and Interest Rate Risk (d) Cash flows in different countries (e) All of the above Euro Bond is an instrument (a) Issued in the European Market (b) Issued in Euro Currency (c) Issued in country other …

Banking Awareness Questions for SBI Clerks 2018 (1) The reserve Bank of India keeps on changing various ratio/rates frequently. What is the purpose of doing this? (A) To keep inflation (rising prices) under control (B) To ensure that Indian Rupee does not loose its market value (C) To ensure that banks do not earn huge profits at the cost of public money. …

Banking Awareness Quiz for IBPS Clerks 2016 – Practice SET 1. Which of the following is the purpose of introducing ‘Know Your Customer’ norms by the banks? (a) To bring more and more people under the banking net (b) Identifying people who do not pay income tax (c) To ensure that the money deposited in banks has come from genuine …

Banking Awareness Questions on RBI and Currency Issues Reserve Bank of India (RBI) RBI is the central bank of India and wholly owned by the Govt. of India. It was established on 1st April 1935 under RBI Act 1934 by the recommendations of Hilton Young Commission. It was nationalized in the year 1949. It has 19 regional offices. The head …

Updated List of Bank CEOs, Taglines and Head Quarters   Indian PSU Bank News UPDATES In IBPS Bank Exams, 40 Questions are asked in General Awareness Section, in which some questions related to the banking sector and financial matters is given. From the analysis of previous IBPS bank exam papers, we can assure that we may get 1 or 2 …

Islamic Banking in India : RBI Proposes to Open in Indian Banks. The Reserve Bank of India (RBI) planning to open Islamic Windows in conventional banks gradually to interest-free banking by the introduction of shariah complaint or Islamic banking. The central bank RBI’s decision of Islamic window proposal is based on the examination of legal, technical and regulatory issues to introduce …

Banking News – Last 3 Months Banking Affairs for IBPS Bank Exams RBI Policy Rates – Latest Update Bank Rate (BR): 6.75%. Repo rate: 6.25%. Reverse repo rate : 5.75 %. Cash Reserve Ratio (CRR): 4% of Net Demand and Time liability (NDTL). Statutory Liquidity Ratio (SLR): 20.75%. Marginal standing facility (MSF): 6.75% Banking News Questions & Answers – Banking …

Banking Awareness Questions & Answers – BA Quiz for IBPS Exams India is the following system of ‘flat money’ while issuing currency. What is ‘flat money’? (a) The currency is backed by government guarantee. (b) The currency, that is backed by the tangible assets (c) The currency is backed by gold reserves (d) Budgetary support (e) None of the above. …

Latest Banking/Financial Awareness Revision for Bank Exams According to IMF and World Bank forecast, What is India’s economic growth rate for the next two years? 7.6%. Indian Railways got sanctioned __________ under Swachch Bharat Mission and __________ under Nirbhaya Funds to make developments by installing CCTVs, Bio-toilets in trains. Rs. 1655 crores nd Rs. 500 crores. Which PSU bank has recently …

Important Banking Awareness Questions – Banking Knowledge 1. Which of the following ministries carries out ‘Open Market Operations (OMO)’? (A) External Affairs Ministry (B) Reserve Bank of India (RBI) (C) Finance Ministry (D) Planning Commission (E) Ministry of Commerce 2. ASBA, a facility while applying/ submitting an application for purchase of shares under a public issue is _________. (A) Amount …