Banking Quiz for IBPS | SBI – 317

Banking Quiz for IBPS | SBI – 317

Banking Quiz for IBPS | SBI – 317. Banking Awareness quiz for SBI Clerk, SBI PO, RBI, IBPS PO/Clerk/RRB/SO & other Banking & competitive exams. Stay connect with DaytodayGK for latest Current Affairs more updates.

Banking Quiz for IBPS | SBI – 317

1. Who was the first governor of RBI?
a) James Braid Taylor
b) Mihir Sen
c) Nagendra Singh
d) Osborne Smith

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Answer d) Osborne Smith

2. Who was the first Indian Governor of RBI?
a) C. D. Deshmukh
b) Vijaya Kumar A
c) R. K. Shanmukham Chetty
d) K. G. Ambegaonkar

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Answer a) C. D. Deshmukh

3. Which is the first bank to introduce cheque system in India?
a) Bengal Bank
b) State Bank Of India
c) General Bank of India
d) Presidency Bank

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Answer a) Bengal Bank

4. Which is the first bank to introduce mutual fund?
a) HDFC
b) ICICI Bank
c) State Bank of India
d) Punjab National Bank

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Answer c) State Bank of India

5. Which one of the following pools money from various investors in order to purchase securities?
a) Fund derivative
b) Pension fund
c) Mutual fund
d) Money fund

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Answer c) Mutual fund

6. Which one of the following is controlled by the world wide web?
a) Universal banking
b) Virtual Banking
c) Wholesale Banking
d) None of these

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Answer b) Virtual Banking

7. In which type of banking, electronic financial transactions are done?
a) Internet Banking
b) E-Banking
c) Virtual Banking
d) Universal Banking

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Answer b) E-Banking

8. Which one of the following belongs to the time when a company makes the first offering of the shares to the public?
a) CSO
b) IPO
c) REPO
d) WTO

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Answer b) IPO

9. Which of the following is the amount of Funds borrowed by the government to meet the expenditures?
a) Fiscal Deficit
b) Current account
c) Fiscal policy
d) Public finance

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Answer a) Fiscal Deficit

10. What are NEFT and RTGS about?
a) Cheque truncation process
b) Electronic fund transfer from bank to bank
c) Electronic payment products within a bank
d) Various deposit products

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Answer b) Electronic fund transfer from bank to bank

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