Banking and Financial Awareness for Bank PO Exams 2021
Current Banking Awareness PDF 2021. Important Banking and Financial Awareness Questions for SBI Clerk Mains, IBPS RRB & NABARD Grade-A Exam. If you are preparing for upcoming SBI Clerk Mains, IBPS PO/Clerk, and IBPS RRB Officer Scale-I and Office Assistant, NABARD Grade-A 2021, you will come across a section on Banking Awareness. Here we are providing you “Banking and Financial Awareness Questions” for upcoming Banking and Insurance Exams based on the latest pattern for your daily practice.
Banking and Financial Awareness Questions will help you learn concepts on important topics in Banking Awareness Section. These Banking and Financial Awareness Questions are also important for other banking exams such as IBPS PO, IBPS Clerk, SBI Clerk, IBPS RRB Officer, IBPS RRB Office Assistant, IBPS SO, SBI SO, NABARD Grade-A, RBI Assistant, LIC, and other competitive exams.
Banking and Financial Awareness Questions 2021
1. Under the call money market, funds are transacted on what basis?
A. 15 days basis
B. 7 days basis
C. Overnight basis
D. One Day basis
E. None of these
2. Name the facility under which scheduled commercial banks can borrow additional amount of overnight money from the Reserve Bank by dipping into their Statutory Liquidity Ratio (SLR) portfolio up to a limit at a penal rate of interest?
A. Bank Rate
B. Reverse Repo Rate
C. Repo Rate
D. Marginal Standing Facility (MSF)
E. None of these
3. Market Stabilisation Scheme (MSS), the instrument for monetary management was introduced in?
A. 2007
B. 2006
C. 2005
D. 2004
E. None of these
4. Name the Indian public sector bank, which was launched Working Capital demand Loan for agriculture sector (WCDL-Agri).
A. PNB
B. State Bank of India
C. Indian Overseas Bank
D. Indian Bank
E. None of these
5. Name the negotiable money market instrument which is issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period?
A. Call money
B. Commercial Paper (CP)
C. Cash Management Bills
D. Certificate of Deposit (CD)
E. None of the above
6. The cheap credits through appropriately designed loans for poor and low-income households and small entrepreneurs are called?
A. finance inclusion
B. current inclusion
C. Financial inclusion
D. savings inclusion
E. None of these
7. Indian Mutual Fund industry is well regulated by__________?
A. SEBI
B. RBI
C. Finance ministry
D. Particular State governments
E. None of these
- Power Grid Corporation of India Limited
8. An investment company that issues a fixed number of shares that can only be resold in the open stock market is called _____ fund.
A. Semi-open -end
B. Semi Closed-end
C. Open- end
D. Closed-end
E. None of these
9. The government has decided to extend the Atmanirbhar Bharat Rojgar Yojana from 30th of June, 2021 to ____________.
A. 30th June, 2022
B. 31st December, 2022
C. 1st January, 2022
D. 31st March, 2022
E. None of these
10. RBI has decided to open up which of the following Centralised Payment Systems (CPS) facility for payment system operators?
A. National Electronic Fund Transfer (NEFT)
B. Real Time Gross Settlement (RTGS)
C. Cheque Truncation System (CTS)
D. Both A & B
E. Both B & C
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