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Weekly Financial Awareness Quiz for IBPS PO & other Bank Exams - 03/09/2017

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Question 1

As we know sometimes the Exim Bank of India extend the line of credit at the behest of and with the support of the Govt. of India to developing countries as part of bilateral economic cooperation programs named as IDEAS. What is the full form of IDEAS?

Question 2

As per the announcement made by the RBI some Stock Exchanges in India are allowed to introduce Plain Vanilla Currency Options. The term Plain Vanilla Currency Options is associated with which of the following activities/operations?

Question 3

On which one of the following issues can SEBI penalize any company in India?
(A) Violation of Banking Regulation Act.
(B) Violation of foreign portfolio investment guidelines.
(C) For violation of Negotiable Instrument Act.

Question 4

Banks cannot do which of the following businesses?

Question 5

A traveller's cheque is ______.

Question 6

What does the banking term 'base rate' mean?

Question 7

IRDA is a

Question 8

As per existing norms and policies of the RBI, Banks are required to advance how much of their total advances to priority sectors?

Question 9

According to the Reserve Bank of India, a minor cannot operate a savings bank account independently till he/ she attains the age of in India

Question 10

What is the Repo Rate at present?

Question 11

For calculation of poverty line in rural area, which one of the following calories consumption per day per person has been stipulated by Planning Commission?

Question 12

What is the duration of PPF account?

Question 13

The investments done by "Those financial entities which were launched or incorporated in a foreign country but are investing in an Indian venture in India" are generally known as ......

Question 14

Recently “I4F” in news. It is related to India and _____.

Question 15

RBI is considering allowing non-registered companies to enter P2P lending. Here P2P stands for-
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