Financial Awareness MCQ Capsule 1

Financial Awareness MCQ Capsule 1

Dear Sehpaathians

We are here with Financial/Banking Awareness Capsules for upcoming banking exams of SSC and IBPS. Each capsule consists of 50 questions sets and you can expect as many as 20 such capsules from us. Our capsules cover all the segments of banking covered in competitive examinations and will be sufficient to attempt over 80% banking related questions in the examination.

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1. What Does NPA Stands for
A) Non Performing Assets
B) Non Performing Advances
C) Non Personal Assests
D) None of these

2. What does NIM Stands for
A) Net Interest Margin
B) Net income maintenance
C) Net Income Management
D) No Income Margin

3. What are Contingent Liabilities
A) Loans
B) Deposits
C) Guarantees which can become liabilities in future
D) NPA

4. Example of a contingent Liability
A) Bank Guarantee
B) Letter of Credit
C) Personal Loan
D) Both A and B

5. Which of these is not a priority sector advance
A) Housing loan
B) Agricultural Loan
C) Vehicle loan
D) None of these

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