Objective Banking Awareness

Q. Among the following tax revenues of the Union Government, which is the biggest source?
1 Income Tax
2 Corporation Tax
3 Central Excise
4 Customs Duty
Ans: 3

Q. "Yen" is the currency of __
1 China
2 Japan
3 Italy
4 South Korea
Ans: 2

Q. Bad loans in banking terminology are generally known as _________
1 BPOs
2 Prime Asset
3 NPAs
4 CBS
Ans: 3

Q. "The Doing Business Report" is prepared by which of the following organizations every year?
1 World Bank
2 Asian Development Bank (ADB)
3 International Monetary Fund (IMF)
4 World Trade Organization(WTO)
Ans: 1

Q. Which of the following is not a banking related term?
1 SME Finance
2 Equinox
3 Overdraft
4 Sanctioning Authority
Ans: 2

Q. India's first special Economic Zone dedicated to the aerospace industries has been launched at
1 Hyderabad
2 Hallargi
3 Shimla
4 Ahmedabad
Ans: 2

Q. Which of the following committees is associated with reforms in small industries?
1 K.L.Rekhi Committee
2 R.Chelliah Committee
3 Abid Hussain Committee
4 None of the above
Ans: 3

Q. Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future?
1 Bombay Stock Exchange (BSE)
2 Indian Banks Association (IBA)
3 Securities & Exchange Board of India (SEBI)
4 Reserve Bank of India (RBI)
Ans: 4

Q. Which sector contributes the maximum share in National income of India?
1 Primary
2 Secondary
3 Tertiary
4 All the above have equal share
Ans: 3

Q. IMF is the result of
1 Hawana Conference
2 Rome Conference
3 Brettonwood Conference
4 Geneva Conference
Ans: 3

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