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Hello Readers,
Banking Awareness is a important part of banking Exams. This sheet is related to Questions related to general banking. Last year a lot of questions were asked from related topics. Do give us a review.
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1. The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the ____
a) Exchange rate
b) MIBOR
c) Interbank Call money rate
d) Base rate
e) LIBOR
2. Now-a-days Banks are selling third party products. Example of third party product is:
a) Mutual funds
b) Term deposits
c) Credit cards
d) All of these
e) None
3. Electronic Clearing Service in banks can be availed only by:
a) Individuals
b) Corporates
c) Senior Citizens
d) All of these
e) None
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