Banking Quiz for IBPS | SBI – 319

Banking Quiz for IBPS | SBI – 319

Banking Quiz for IBPS | SBI – 319. 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 – 319

1. LAF(banking terms) is expand as___________.
a) Liquidity Adjustment Facility
b) Liquidity Accessment Facility
c) Large Accessment Facility
d) None of these

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Answer a) Liquidity Adjustment Facility.

2. United Bank of India headquarters in located at___________.
a) Pune
b) Kolkata
c) Chennai
d) Bengaluru

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Answer b) Kolkata.

3. Which is the first Indian bank to open a branch outside India?
a) Bank of Baroda
b) Allahabad Bank
c) Canara Bank
d) Bank of India

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Answer d) Bank of India.

4. Which was the first bank corporated by the Indians?
a) Imperial Bank of India
b) State Bank of India
c) Avadh Commercial bank
d) Reserve Bank of India

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Answer c) Avadh Commercial bank.

5. SBI day is observed on____________.
a) Jan 1st
b) April 1st
c) July 1st
d) August 1st

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Answer c) July 1st.

6. IFSC(banking terms) is expand as____________.
a) Indian Financial System Code
b) Indian Fiscal Semi Code
c) Indian Fiscal System Code
d) Imperial Financial System Code

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Answer a) Indian Financial System Code

7. The first union budget of India was presented by___________.
a) RK Shanmugham Shetty
b) Pradeep Reddy VK
c) Sohail Khan
d) None of these

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Answer a) RK Shanmugham Shetty

8. The maximum amount of the total revenue earned by the government of India comes from___________.
a) Income Tax
b) Customs Duty
c) Excise Duty
d) Corporate Tax

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Answer d) Corporate Tax

9. Service Tax was introduced in India for the first time in the year___________.
a) 1990-91
b) 1991-92
c) 1994-95
d) 2000-02

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Answer c) 1994-95

10. Currency swap is an instrument to manage____________.
a) currency risk
b) interest rate risk
c) currency and interest rate risk
d) cash flows in different currency

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Answer d) cash flows in different currency

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