BANKING QUIZ - 5 FOR
SBI CLERK &
PO
1. Demand deposits mean _____?
(a) Short
Deposits
(b)
Current deposits
(c)
Fixed deposits
(d) Deposits
with drawable on demand by the depositor
(e)
None of the above
2. Demand draft is a
(a) Negotiable instrument
(b)
Not transferable instrument
(c)
Not negotiable instrument
(d)
Quasi-negotiable instrument
(e)
None of the above
3. When it comes to the following term namely- IPO, what do you mean
by “P”?
a)
Provisions
b)
Private
c)
Public
d)
Prudent
e) Pension
4. What do you mean by money
laundering?
a)
Washing the currency notes in a good laundery
b)
Keeping the money in currency
c) Converting
money obtained through illegal sources into legal money
d) Sending
excess cash to the other branch
e) None
of the above
5. Full form of “HNI”?
(a) Highly Networth Individual
(b)
High Negative Individual
(c)
High Networked Individual
(d)
High Nuisance Individual
(e)
None of the Above
6. Bill of Exchange, Promissory Notes and Cheques are defined as
(a) Stamped
Instruments
(b)
Trust Receipts
(c)
Documents of Title to goods
(d)
None of the above
(e) Negotiable
Instruments
7. The one-rupee note bears the signature of ____________.
(a) Finance
Secretary
(b)
Deputy Governor
(c) RBI
Governor
(c)
Finance Minister
(e)
None of these
8. RTGS stands for
(a) Real
time Gross system
(b)
Real type General scheme
(c)
Real Type gross settlement system
(d) Real
Time Gross Settlement
(e)
None of these
9. Which among the following does the RBI not decide?
(a)
CAR
(b)
CRR
(c)
Bank Rate
(d)
Base Rate
(e)
None of these
10. Which among the following is an instrument of monetary policy
used by the RBI?
(a) CRR
(b)
PLR
(c)
Base Rate
(d)
BPLR
(e)
None of these
ANSWER
1.D,2.A,3.C,4.C,5.A,6.E,7.A,8.D,9.D,10.D,
