Banking Quiz for IBPS | SBI – 318

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. The second nationalistaion of banks took place in india in the year__________.
a) 1969
b) 1979
c) 1975
d) 1980

2. FERA stands for___________.
a) Foreign Exchange regulation Act
b) Foreign Exchange restrictions Act
c) Foreign Exchange reserve Act
d) Foreign Exchange reassurance Act

3. The total number of nationalised banks in India is____________.
a) 14
b) 12
c) 18
d) 20

4. The central bank of our country is the_____________.
a) Reserve Bank of India
b) State Bank of India
c) Central Bank of India
d) Indian Bank

5. Cosignment account is the nature of
a) real account
b) personal account
c) Nominal account
d) profit and less account

6. Black money refers to_______________.
a) money earning from business
b) paper money which is black in color
c) unaccounted money
d) None of these

7. National income is______________.
a) income of the cental government
b) income of the central and state government
c) total of factor incomes
d) profits of the public sectors

8. All loses and expenses are___________.
a) debited
b) credited
c) noth debit and credit
d) no entry

9. When did RBI become a state owned institution?
a) 1947
b) 1949
c) 1952
d) 1956

10. The value of gold is determined in_________.
a) London
b) Rome
c) Washington
d) Teheran