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.

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

When is income tax required to be deducted by the banks at source on interest accrued and paid by them on the fixed deposits? When the

amount of interest accrued/payable is more than ₹5000 p.a.

amount of interest accrued/payable is more than ₹10000 p.a.

interest is more than ₹20000 p.a.

customer is not valuable to the bank.

None of the above

Which among the following is a Bank rate?

the rate at which a commercial Bank lends to its customers

the rate at which a commercial Bank lends to its best customers

the rate at which a central Bank lends to commercial Banks

the rate at which a Commercial Bank lends to Central bank

the rate at which a commercial Bank accepts deposits from its customers

Currency Swap is an instrument to manage

currency risk

interest rate risk

currency and interest rate risk

cash flows in different currencies

All of the above

What is the full form the term 'FDIs' as used in economic world?

Fixed Duration Investments

Financial and Debt Instruments

Foreign Deployment Index

Foreign Direct Investments

Formal Direct Issues

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

The co-operative credit societies have a

two-tier structure

three-tier structure

four-tier structure

five-tier structure

None of these

Many times we read about Future Trading in newspapers. What is 'Future Trading'?

It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout the year
It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time

Only 1

Only 2

Only 3

All 1, 2 and 3

None of these

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