Banking Financial Awareness Quiz Questions Answers for Bank Exams

Banking Awareness

This is an online quiz to test your knowledge of Banking Awareness.
This Online Test is useful for academic and competitive exams.
Multiple answer choices are given for each question in this test. You have to choose the best option.
After completing the test, you can see your result.
There are 10 questions in the test.
There is no negative marking for wrong answers.
There is no specified time to complete this test.
EduDose has provided this test in both English and Hindi medium.

Which among the following is the main function of Agricultural Finance Corporation Limited?

consultancy services in the field of agriculture

social service organization

Agricultural commodities exchange

Agricultural cooperative society

none of the above

An investor or speculator who subscribes to a new issue with the intention of selling them soon after allotment to realize a quick profit is called?

Bull

Bear

Stag

Short

Tall

When the Reserve Bank says that the Rupee is over-valued, it means?

RBI has shortage of hard currency and it has to order for printing of new notes to the press concerned

Rupee is appreciating against other currencies whereas other currencies are weakening against US Dollar

Money is locked in banks and people do not have enough to make their day to day purchases. It is a strategy which brings the inflation down

More and more people are selling their stocks. As a result stock market may crash, as there is no hard cash for such voluminous transactions

None of these

As we all know, when we deposit a cheque issued in our name in the bank, the bank always checks if the cheque has been crossed or not. Why is this done?

It ensures that the money is deposited only in the account of the person in whose name the cheque has been drawn.

It is a process by which the person who has issued the cheque comes to know whether the cheque is encashed or not.

The bank insists on it only when the party wants the payment immediately and that too in cash only.

This is the instruction of RBI that all the cheques of the amount of ₹10,000 should be accepted only if they are crossed.

None of these

Euro Bond is an instrument

issued in the European market

issued in Euro currency

issued in country other than the country of the currency of the Bond

All of the above

None of the above

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