General/Financial Awareness Quiz - Competitive Exams Banking

Free practice quiz: General/Financial Awareness (Competitive Exams Banking). 110 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

Sample questions

1. In which year was the Reserve Bank of India established?

   1. 1947
   2. 1955
   3. 1935
   4. 1949
   Show answer

   Answer: C. 1935

2. Which of the following is not a part of the Indian money market?

   1. Capital Market
   2. Call Money Market
   3. Treasury Bill Market
   4. Commercial Paper Market
   Show answer

   Answer: A. Capital Market

3. What is the primary objective of the 'Standing Deposit Facility' (SDF) introduced by the RBI in 2022?

   1. To provide long-term loans to industry
   2. To insure bank deposits
   3. To regulate foreign exchange transactions
   4. To absorb liquidity without government security collateral
   Show answer

   Answer: D. To absorb liquidity without government security collateral

4. What is the full form of 'AIF' in the context of Indian financial markets?

   1. Automated Investment Fund
   2. Asset Investment Fund
   3. Alternative Investment Fund
   4. Agricultural Investment Fund
   Show answer

   Answer: C. Alternative Investment Fund

5. Which of the following is the full form of 'SWIFT' in international banking?

   1. System for Worldwide International Funds Transfer
   2. Secure Worldwide Interbank Financial Transaction
   3. Standard Worldwide Interbank Funds Transfer
   4. Society for Worldwide Interbank Financial Telecommunication
   Show answer

   Answer: D. Society for Worldwide Interbank Financial Telecommunication

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