Banking Awareness: Banking Awareness Practice Paper for Coming Competitive Exams

Banking Awareness Practice Paper

1) What is the full form of "NSE" the term we see very frequently in newspapers ?

1. New Service Exchange
2. New Stock Evaluation
3. National Stock Exchange
4. National Service Emporium
5. Net Stock Equity

2) The Head Quarters of the World Trade Organisation (WTO) are located in :

1. Geneva
2. London
3. New York
4. Washington DC
5. Tokyo

3) Which of the following is the name of the currency of a country ?

1. Angola
2. Chad
3. Malta
4. Euro
5. Gabon

4) Currency notes of which  of the following denominations are not in circulation in India ?

1. Rs. 20/-
2. Rs 50/-
3. Rs 500/-
4. Rs 1,000/-
5. Rs 20,000/-

5) All banks in India get major policy decisions/ directives/ guidelines related to their day to day operations from :

1. Ministry of Home Affairs, Govt of India
2. Securities & Exchange Board of India (SEBI)
3. Reserve Bank of India (RBI)
4. All Indian Bank Employees Union
5. Foreign Exchange Dealers' Association of India

6) Banks have installed ATM's at various locations in almost all the cities/ towns in India. What does the letter "T" denote in the name "ATM" as used above ?

1. Total
2. Terminal
3. Terminus
4. Transfer
5. Teller

7) Coins of which of the following denominations are in circulation in India ?

1. Rs 5/-
2. Rs 500/-
3. Rs 50/-
4. Rs 100/-
5. Rs 20/-

8) Which of the following is called yellow metal and we read about it almost every day in the newspaper ?

1. Copper
2. Gold
3. Silver
4. Platinum
5. Zinc

9) Which term is not used in Economics ?

1. Deflation
2. Barter System
3. Pulse Rate
4. Density of Population
5. Monetary Policy

10) Which scheme launched by the Govt of India allows lakhs of poor people to open a Bank Account ?

1. Swabhiman
2. Swavalamban
3. Saral
4. Sahaj
5. Bharat Nirman