Banking Related GK for IBPS | Banking Awareness GK

IBPS Banking Related GK Previous Papers are available in our recruitment guru page. Where we have given the direct download link to make the aspirants easy in getting the Previous Papers Pdf. 
Banking Related GK for IBPS
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GK Related to Banking and Finance

Direction(1 - 10) : Answer the following questions based on Banking Awareness.
1. Bank branches which can undertake foreign exchange business directly are known as …………… in foreign exchange.
(1) Authorized dealers
(2) Foreign dealers
(3) Overseas branches
(4) Approved dealers
(5) Exchange branches

2. Insurance cover for bank deposition in our country is provided by ……….
(1) SBI
(2) Government of India
(3) GIC
(4) LIC
(5) DICGC

3. The financial Literacy does not include which of the following?
(1) How to invest the funds
(2) How to use the limited funds carefully
(3) How to minimize the risks
(4) How to reinvest the money earned
(5) None of these

4. Loans of very small amounts given to low income groups is called ………..
(1) Cash credit
(2) Micro credit
(3) Simple overdraft
(4) No frill loans
(5) Rural credit

5. When a banker talks about CDR, what is he talking about?
(1) Corporate Debt Restructuring
(2) Corporate Debt Rollover
(3) Company Debt Rollover
(4) Corporate Deposit Restructuring
(5) Company Deposit Restructuring

6. Expand the term ALM as used in banking/finance sector.
(1) Asset Liability Management
(2) Asset Liability Maturity
(3) Asset Liability Mismatch
(4) Asset Liability manpower
(5) Asset Liability Maintenance

7. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms most closely related to which of the following industries/markets?
(1) Capital Market
(2) Banking Industry
(3) Commodities Market
(4) Money Market
(5) Mutual fund industry

8. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?
(1) 3 years
(2) 5 years
(3) 7 years
(4) 10 years
(5) 12 years

9. If you wish to purchase some U.S Dollars for your travel abroad, you should approach ………………..
(1) The Ministry of Finance
(2) The U.S Embassy
(3) Any Bank Branch authorized to do such activities
(4) The Reserve bank of India only
(5) External Affairs Minister

10. What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?
(1) Liquidity
(2) Least
(3) Liabilities
(4) Long
(5) Liquid