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General Knowledge :: Banking Awareness

Why General Knowledge Banking Awareness?

In this page you can learn and practice General Knowledge Questions and Answers on Banking Awareness with detailed solution. These questions and answers will help you to prepare for various competitive exams (UPSC, SSC, PSC, Bank, Railway, Insurance), Entrance Test (CAT, MAT, XAT) and Job interviews.

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Basictell provides you MCQ and Multiple choice quiz type General Knowledge questions and answers on Banking Awareness. You can browse detailed answer with explanation on General Knowledge Banking Awareness and also can download as PDF Files and eBooks.

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At first you can try questions answers with exercises. Also discuss General Knowledge Banking Awareness questions and answers by practicing shortcut tricks and go through objective type exercises.

Banking Awareness :: Questions and Answers

Banking Awareness Page 3


Objective of SLR(Statutory Liquidity Ratio) is /are;

A. To restrict expansion of bank credit.
B. To increase banks investment in approved securities.
C. To ensure solvency of banks.
D. All of these.


Interest payable on savings bank accounts is-

A. decided by banks without following any conditions by RBI.
B. not regulated by RBI.
C. regulated by central government.
D. decided by banks following the guidelines of RBI


Which is/are the commodities on which subsidy is given to farmers or poor people in India?

A. Fertilizer.
B. Kerosene.
D. All of these.


Financial inclusion or Inclusive financing means providing-

A. food at low cost.
B. financial services (Payments, remittances, savings, loans, insurance and etc.) at affordable cost to those disadvantaged and low-income parts/segments of the society, where these services are not affordable or available.
C. only free financial education to poor people.
D. None of these.


If the rate of inflation increases then the-

A. purchasing power of money increases.
B. purchasing power of money decreases.
C. purchasing power of money remains uneffected.
D. None of these.