Important Banking Awareness Quizzes (Topic Wise) Day-170

Important Banking Awareness Quizzes (Topic Wise) Day-170:

Dear Readers, Here we have provided the Important Banking Awareness Quizzes based on particular topic, which will help to understand and prepare in a better way. Candidates those who are preparing for upcoming IBPS/SBI Exams 2018 can make use of it.

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1. In MIBOR, “M” stands for ___________

1.   Magnetic
2.   Machine
3.   Monthly
4.   Ministry
5.   None of these

2. In QIB, “I” stands for _____________

1.   Infrastructure
2.   Institutional
3.   Industries
4.   Insurance
5.   None of these

3. In ASBA, “B” stands for ___________

1.   Bill
2.   Blocked
3.   Bureau
4.   Board
5.   None of these

4. ARF stands for _____________

1.   Asset Recovery Fund
2.   Asset Rate Fund
3.   Account Reconstruction Fund
4.   Authority Reconstruction Fund
5.   None of these

5. DPN stands for ___________

1.   Debt Promissory Note
2.   Demand Participatory Note
3.   Demand Promissory Note
4.   Demand Payment Note
5.   None of these

6. In LIBOR, “L” stands for ___________

1.   Liability
2.   Liberalised
3.   Local
4.   London
5.   None of these

7. In ANBC, “C” stands for _____________

1.   Currency
2.   Current
3.   Credit
4.   Corporation
5.   None of these

8. In PIN, “I” stands for ___________

1.   Institutional
2.   Information
3.   Insurance
4.   Identification
5.   None of these

9. In ISIC, “S” stands for _____________

1.   System
2.   Service
3.   Standard
4.   Scale
5.   None of these

10. In SIDC, “D” stands for __________

1.   Dealers
2.   Demand
3.   Debt
4.   Deferred
5.   None of these

11. In CARE, “A” stands for __________

1.   Analysis
2.   Agency
3.   Accounts
4.   Authority
5.   None of these

12. EFT stands for ______________

1.   Exchange Funds Transfer
2.   Electronic Foreign Transfer
3.   Electronic Financial Transfer
4.   Electronic Funds Transfer
5.   None of these

13. NDS stands for___________

1.   National Dealing System
2.   Negotiated Dealing System
3.   Negotiated Debt System
4.   Negotiated Dealing Service
5.   None of these

14. In FSDC, “C” stands for ____________

1.   Council
2.   Corporation
3.   Country
4.   Capital
5.   None of these

15. LAB stands for _________

1.   Local Area Banks
2.   Local Accounts Banks
3.   Local Affairs Banks
4.   Local Authority Banks
5.   None of these

Answers:

1. M – Mumbai Inter Bank Offered Rate

Correct Answer is: e)

2. I – Qualified Institutional Buyers

Correct Answer is: b)

3. B – Applications Supported Blocked Accounts

Correct Answer is: b)

4. Asset Reconstruction Fund

Correct Answer is: e)

5. Demand Promissory Note

Correct Answer is: c)

6. L – London Inter Bank Offered Rate

Correct Answer is: d)

7. C – Adjusted Net Bank Credit

Correct Answer is: c)

8. I – Personal Identification Number

Correct Answer is: d)

9. S – International Standard Industrial Classification

Correct Answer is: c)

10. D – State Industrial Development Corporation

Correct Answer is: e)

11. A – Credit Analysis and Research Limited

Correct Answer is: a)

12. Electronic Funds Transfer

Correct Answer is: d)

13. Negotiated Dealing System

Correct Answer is: b)

14. C – Financial Stability and Development Council

Correct Answer is: a)

15. Local Area Banks

Correct Answer is: a)

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