Banking Awareness MCQs for Banking exams, IBPS, SBI

A. Transformation to 'Cashless Economy'

B. Low inflation

C. Raising incomes

D. Falling prices

A. It represents the right of an Industry to emit certain quantity of Carbon Dioxide.

B. Carbon Credits mechanism was formalized in Kyoto Protocol.

C. Carbon Credits are currently traded on 5 exchanges across the globe.

D. None of the above.

A. Jignesh Shah

B. Harshad Mehta

C. Ketan Parekh

D. A K Telgi

A. Currency code of SDR is XDR

B. SDR is the Unit of Account of IMF

C. Asian Development Bank (ADB) also uses SDR as its Currency

D. None of the above

A. Medium of Exchange

B. Unit of Account

C. Store of Value

D. A, B and C of the above

A. M/s ABC since they are the importers

B. M/s XYZ since they are the exporters

C. Both since they are the parties to the agreement

D. RBI since they regulate the Foreign Trade in India

A. Finance extended to packing materials industry

B. Finance extended to an Importer to pack the goods imported

C. Finance extended to Warehouses for keeping the goods packages

D. Finance extended to an Exporter to meet the costs of buying and/ or making products to be exported

A. They are managed by different banks on behalf of RBI

B. Deposits in Currency Chests are taken into account for calculation of CRR (Cash Reserve Ratio)

C. Standard Chartered Bank a Foreign Bank also maintains Currency Chest

D. None of the above

A. An Individual can set up "One person Private Ltd Company"

B. An independent Director can hold 3 consecutive terms of 3 years

C. Listed Companies must have at least 1/3rd independent Directors

D. Prescribed Companies must have at least 1 woman Director on the Board

A. Margin of Interest earned on Trading in Govt Securities

B. Difference between the Base Interest Rate and the Average Lending Rate

C. Difference between the interest income and the amount of interest paid out

D. Difference between Interest on Term Loans and Interest on Cash Credits