Banking Awareness Quiz: Set 301

Banking Awareness Quiz

Dear Readers, Welcome to the 2021 Daily Banking Awareness Quiz Question & Answers Section of ExamsCart. Banking Awareness Quiz will Boost Your Banking Awareness Section.

The Banking Awareness Section of Banking Exams covers various segments in it like Banking Awareness, Static GK, In any case, the most imperative thing that you may have seen is that both the Banking Awareness and Static Awareness questions asked in the Banking Awareness Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness to give you a chance to survey your Banking Awareness Knowledge. This post contains important Banking Awareness Quiz. A brief explanation of every Quiz is provided to further enhance your general knowledge. 

Banking Awareness Quiz: Set 301

1. SDR stands for _______.

1. Special Drawing Reserve
2. Special Drawing Right
3. Segment Drawing Right
4. Special Deposit Right
5. None of these

2. A Commercial Paper is a short term security issued by a corporate entity (other than a bank), for ________days at a discount to the face value.

1. 30 days to 365 days
2. 7 days to 365 days
3. 90 days to 180 days
4. 7 days to 15 days
5. None of these

3. Commercial Paper (CP) is an ______ money market instrument issued in the form of promissory note.

1. secured
2. unsecured
3. negotiable
4. Both secured and unsecured
5. None of these

4. Commercial Paper can be issued in denominations of Rs. _______ or multiples thereof.

1. 10,000
2. 50,000
3. 100,000
4. 500,000
5. None of these

5. Certificates of Deposit are _______ money market instrument issued in demat form or as a Usance Promissory Notes.

1. secured
2. unsecured
3. negotiable
4. short term
5. None of these

6. Financial Institutions are allowed to issue Certificates of Deposits for a period between 1 year and up to _______.

1. 2 years
2. 3 years
3. 5 years
4. 15 years
5. 10 years

7. Certificates of Deposits are issued in denominations of Rs. ______ and in the multiples thereafter.

1. 10,000
2. 50,000
3. 500,000
4. 100,000
5. None of these

8. Treasury Bills are ________ borrowing instruments of the Government of India which enable investors to park their short term surplus funds while reducing their market risk.

1. long term
2. mid term
3. short term
4. All of the above
5. None of the above

9. Treasury Bills are available for a minimum amount of Rs. ______ and in multiples thereafter.

1. 20,000
2. 25,000
3. 50,000
4. 100,000
5. None of these

10. CMBs stands for _____

1. Cash Manager Book
2. Cash Management Bills
3. Cash Marketing Bills
4. Cash Management Book
5. None of these

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