Banking Awareness Quiz: Set 332

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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

Banking Awareness Quiz: Set 332

1. Which of the following body is the regulator of Capital Market
a. Reserve Bank of India (RBI)
b. Securities and Exchange Board of India (SEBI)
c. Telecom Regulatory Authority of India (TRAI)
d. NABARD

View Answer

b. Securities and Exchange Board of India (SEBI)

2. Which of the following is/are instrument(s) of Capital Market?
a. Equity instruments – stocks/shares, dividends etc.
b. Debt instruments – bonds, debentures, etc.
c. Both (a) and (b)
d. None of the above

View Answer

c. Both (a) and (b)

3. If an investor is directly buying shares or bonds from a company, then he is dealing in –
a. Primary Market
b. Secondary Market
c. Both (a) and (b)
d. None of the above

View Answer

a. Primary Market

4. If an investor is buying / selling shares or bonds from other investors, rather than the issuing company, then he is dealing in –
a. Primary Market
b. Secondary Market
c. Both (a) and (b)
d. None of the above

View Answer

b. Secondary Market

5. NRO accounts are –
a. Rupee (INR) dominated
b. US Dollar (USD) dominated
c. Dominated by the currency of the country where the NRI will reside
d. None of the above

View Answer

a.  Rupee (INR) dominated

6. Select the purpose for which NRO accounts are opened?
a. To park overseas savings remitted to India
b. To maintain account in foreign currency
c. To park Indian earnings, like rent, Indian salary, dividends, etc.
d. None of the above

View Answer

c.  To park Indian earnings, like rent, Indian salary, dividends, etc.

7. Expand NRE Account
a. Non Resident Earner Account
b. Non Resident External Account
c. Non Resident European Account
d. Non Resident Entry Account

View Answer

b.  Non Resident External Account

8.  Which of the following is true regarding Balance of Payments (BOP)?
i.  It is a record of all financial transactions performed between the residents of a country and the rest of the world
ii.  It is more concerned with transactions, rather than actual payments
iii.  It always balances, i.e., inward and outward transaction is always equal

a.  Only (i) is true
b.  Only (i) and (ii) are true
c.  Only (i) and (iii) are true
d.  All (i), (ii) and (iii) are true

View Answer

b.  Only (i) and (ii) are true

9.  If the outward transactions are greater than the inward transactions, then the country faces –
a.  BOP Deficit
b.  BOP Surplus
c.  BOP balanced
d.  None of the above

View Answer

a.  BOP Deficit

10.  Which of the following is/are type(s) of BOP Accounts?
a.  Current Account
b.  Capital Account
c.  Financial Account
d.  All of the above

View Answer

d.  All of the above



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