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Weekly Financial Awareness Quiz for SBI PO & NIACL Assistant Exam

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Question 1

In the opinion of the RBI, which one of the following is/are a threat to the smooth functioning of Indian Companies?
(A) Rising input costs.
(B) High-interest rates.
(C) Inflation 

Question 2

As per the Banking Ombudsman norms of RBI, the maximum amount which can be provided as compensation is?

Question 3

Infusion of liquidity, by RBI, is done through _____ from / to banks under a _____ transaction.

Question 4

Which of the following organisations has launched SCORES?

Question 5

FSLRC is a body set up by Govt of India to look into Indian Financial Sector. What does S stands in FSLRC?

Question 6

“Committed to improving the state of the world” is the motto of which of the following organisation?

Question 7

What is a Corporate Hedging?

Question 8

Which of the following terminologies indicate the sum of currency in circulation and demand deposits with banks together?

Question 9

Coins are not minted at which of the following places in India?

Question 10

With respect to MICR code that is used to facilitate cheque processing, which of the following statement is incorrect?

Question 11

As per the Reserve Bank of India norms Small Finance Banks are required to maintain a minimum capital adequacy ratio (CAR) of how much per cent of its risk-weighted assets (RWA) on a continuous basis?

Question 12

There are ____ central banks that hold membership under BIS (Bank for International Settlements).

Question 13

The maximum amount for which per depositor can be insured across the banks by DICGC is?

Question 14

Examine the following policies related to the financial sector:
A. Restrictive Trade Practices
B. Financial Deficit Management
C. Capital Account Convertibility
Which of the above policies is/are basically designed to transfer local financial assets into foreign financial assets freely and at market – determined exchange rates?

Question 15

Many people talk about the rollback of stimulus packages provided last year by the Government of India to help certain sectors. If these stimulus packages are rolled back, this would mean that?
(A) Those who have availed these benefits would be required to return them to the Government of India.
(B) No such incentive would be available henceforth to these sectors.
(C) All such benefits/incentives would be available to all the people across the country and will not be restricted to some selected few.
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Mar 23PO, Clerk, SO, Insurance