Banking Jobs IBPS Questions

Apr 17, 2014

Practice Set – 2 :: Marketing Aptitude for SBI Bank Exams

1. Invisible export means export of ……………………………
(1) Services
(2) Prohibited goods
(3) Restricted goods
(4) Goods as per OGL list
(5) Other than those given as options


2. The European Union has adopted which of the following as a common currency?
(1) Dollar
(2) Diner
(3) Yen
(4) Euro
(5) Peso


3. Banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called ……………
(1) Statutory Liquidity Ratio
(2) Cash Reserve Ratio
(3) Bank Deposit
(4) Reserve Repo
(5) Government Securities


4. Pre-shipment finance is provided by the banks only to …………………
(1) Credit card holders
(2) Students aspiring for further studies
(3) Brokers in equity market
(4) Village Artisans
(5) Exporters


5. Banking ombudsman is appointed by ………………….
(1) Government of India
(2) State government
(3) RBI
(4) ECGC
(5) Exim Bank




6. The Holidays for the Banks are declared as per ……………….
(1) Reserve Bank Act
(2) Banking Regulation Act
(3) Negotiable Instruments Act
(4) Securities and Exchange Board of India Act
(5) Companies Act


7. Interest on savings deposit nowadays is ……………….
(1) Fixed by RBI
(2) Fixed by the respective Banks
(3) Fixed by the Depositors
(4) Fixed as per the contract between Bank and the Consumer Court
(5) Not paid by the Bank


8. Interest below which a bank is not expected to lend to customers is known as …………..
(1) Deposit rate
(2) Base rate
(3) Prime lending rate
(4) Bank rate
(5) Discount rate


9. The customers by opening and investing in the Tax Saver Deposit Account Scheme in a Bank would get benefit under ……………..
(1) Sales tax
(2) Customs duty
(3) Excise duty
(4) Professional tax
(5) Income tax


10. In banking business when the borrowers avail a Term Loan, initially they are given a repayment holiday and this is referred as ………….
(1) Subsidy
(2) Interest Waiver
(3) Re-phasing
(4) Interest concession
(5) Moratorium