Banking Awareness Questions
SCORES stands for
(A) SEBI Complaints Redress System
(B) Special Complaints Redress System
(C) SBI Complaints Redress System
(D) SIDBI Complaints Redress System
Correct Answer : A
Banking companies act passed in:
(A) 1939
(B) 1949
(C) 1959
(D) 1969
Correct Answer : B
NREGA was renamed with the name of
(A) Indira Gandhi
(B) Rajiv Gandhi
(C) Mahatma Gandhi
(D) Sonia Gandhi
Correct Answer : C
Mutual Funds investments can be effectively canvassed among
(A) Only Salaried persons
(B) Students availing education loans
(C) HNI customers
(D) sunrise industries
(E) poor farmers
Correct Answer : C
Product design is a function of
(A) Front office staff
(B) back office staff
(C) management
(D) marketing and research team
(E) loan section
Correct Answer : D
Which state owned bank of India has decided to exit its South Africa operations?
(A) Punjab National Bank
(B) Bank of Baroda
(C) IDBI Bank
(D) Axis bank
(E) Canara Bank
Correct Answer : B
Financial planning is required when
(A) one has no income
(B) one is flushed with funds
(C) one has no expense to incur
(D) one is illiterate
(E) income level is sufficient to meet the expenses
Correct Answer : E
Mutual Fund business from existing customers can be canvassed by
(A) coercion
(B) cross-selling
(C) internal marketing
(D) outdoor marketing
(E) road-shows
Correct Answer : C