Punjab and Sindh Banking Awareness Questions Quiz for All Bank Exam

Do you want to Crack bank exam Punjab & Sindh?

This Question bank always asking banking awareness section.


Q1. What is Forex ? [Punjab & Sindh 2011]

(a) It is buying of foreign currency.

(b) It is selling of foreign currency.

(c) It is buying of one currency and selling of another currency.

(d) It is simultaneous buying of one currency and selling of another currency.

(e) None of these

Q2. The rate on which banks borrow from the RBI is called

[Punjab & Sindh 2010]

(a) SLR

(b) CRR

(c) Interest Rate

(d) Bank Rate

(e) Repo Rate

Q3. As we know, the RBI is the apex bank of India. Similarly, the apex Bank of the USA is called

[Punjab & Sindh 2010]

(a) Federal Reserve

(b) The Central Bank of USA

(c) Bank of America

(d) Central National Bank of USA

(e) None of these

Q4. In what way does an asset reconstruction company help banks?
a) By buying the non performing assets of banks
b) Acts as recovery agents for banks
c) Converts non performing assets into performing accounts
d) Helps in rehabilitation of weak accounts by rescheduling the repayment plans
e) None of the given options is true

Q5.Which organization pays the insurance premium for getting the bank deposits insured?
a) RBI
b) Individual banks
c) Account holders
d) There is no payment of premium
e) None of the given options is true

Learn and practices of banking Awareness quiz for Punjab & Sindh.

Bank Po and Clerk Exam always asking banking awareness section Question based on old exam and new pattern syllabus.

Updated: September 1, 2018 — 2:34 pm

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