Sunday, 18 January 2015

Download PDF Expected Banking Awareness For SBI Associates Clerks Online Exam

1. SIMEX share price index relates to the stock exchange of which of the following?
(a) London 
(b) Tokyo
(c) Singapore 
(d) Mumbai
Ans : (c)

2. The base period of the Sensex index which corresponds to 100 value points is which of the
following?
(a) 1978-79 
(b) 1975-76
(c) 1985-86 
(d) 1988-89
Ans : (a)

3. Nidhis are also a popular model of savings and finance followed in India. Which body regulates nidhis?
(a) Registrar of Chit Funds
(b) RBI
(c) Ministry of Corporate Affairs
(d) Registrar of Societies
Ans : (c)

4. UTI bank was one of the private sector banks established in the 1990s. What is its subsequent name after its renaming?
(a) Yes bank
(b) Axis bank
(c) Development Credit bank
(d) Oriental bank of Commerce
 Ans : (b)

5. The Service Area approach is an important model of the financial institutions in India. It is associated with which of the following?
(a) City branches of commercial banks
(b) Self help groups
(c) The lending process of NBFCs
(d) Rural and semi urban branches of commercial banks
Ans : (d)

6. Which is the least expensive transaction that is offered by the branch of a commercial bank?
(a) Branch banking
(b) Mobile banking
(c) ATM banking
(d) All cost the same
Ans : (b)

7. Investment through Indian Depository receipts was initiated by which foreign bank?
(a) HSBC
(b) Standard Chartered
(c) Deutsche Bank
(d) Citi Bank
Ans : (b

8. Which of the following organization maintains the individual borrower’s credit history in India?
(a) RBI 
(b) CRISIL
(c) CIBIL 
(d) CARE
Ans : (c)

9. Which of the following instrument is considered to be a rewarding investment if compared
with the others?
(a) Equity 
(b) Fixed deposits
(c) Bonds 
(d) Treasury bills
Ans : (a)

10. When there is transfer of immovable property there is often reference to mutation. What does mutation mean?
(a) Deposit of title deeds with the bank
(b) Cancellation of any mortgage facility previously availed
(c) Recording of transfer of property from one person to another in the revenue records
(d) Payment of registration charges for the property
Ans : (c)

11. Which of the following would be included in calculation of operating profit?
(a) Interest costs
(b) Insurance costs
(c) Dividends
(d) Corporate taxes
Ans : (b)

12. Credit cards provide for rolling over of the outstanding balance on the card. What is the minimum amount payable every month in case of charge card?
(a) 5%
(b) 10%
(c) 50%
(d) The entire outstanding amount is required to be paid every month
Ans : (d)

13. It is generally accepted that high returns are linked to high risk investments. Which of the following is associated with this remark?
(a) Equity investments
(b) Government securities
(c) Post office schemes
(d) Mutual fund units
Ans : (a)

14. Which authority is responsible for fixing the price band of shares of a company?
(a) Company officials
(b) Registrar of Companies
(c) Merchant bankers
(d) Brokers
Ans : (c)

15. Initial public offerings and FPOs are dealt in which financial market?
(a) Bullion market
(b) Money market
(c) Commodity markets
(d) Stock market
Ans : (d)

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