Financial Awareness PDF 5

Dear Sehpaathians

Financial awareness or Banking Awareness is a very important part of banking exams. Many questions are linked to this section in competitive exams. Keeping in focus SBI, IBPS we are here with set 5 of Financial Awareness PDF.

Here are sample questions

1. What is repo Rate
A) Rate at which RBI sells govt. Securities to banks
B) Rate at which RBI buys govt. securities from Banks
C) Rate at which RBI allow small loans in the market
D) All of these
E) None of these

2. Which of the following committees has given its recommendation on ‘Financial Inclusion’
A) Rakesh Mohan Committee
B) Rangrajan Committee
C) Sinha Committee
D) Kelkar Committee
E) None of these

3. A customer wishes to purchase some US dollars in India. She/he should go to:
A) Public Debt division of RBI Only
B) American Express Only
C) RBI or Any other Branch Which is authorized for such business
D) Ministry of Foreign Affairs
E) None of these

4. Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation
A) Personal Loan
B) Home Loan
C) Education Loan
D) Small Loan
E) None of these

5. Which amongst the following organizations make major credit policies for the RRBs.
A) RBI
B) NABARD
C) Asian Development Bank
D) SBI
E) None of these

For Answers and More questions