Banking Awareness – 2020 for IBPS, RBI, SBI, NABARD and other Bank Examinations

Welcome to GKToday’s Banking Awareness Section. This section shows 100 random questions from GKToday’s Banking Awareness MCQs.

A chapterwise course of all the 925 questions divided into 88 Chapters in Banking Awareness is Available in GKToday’s Academy app for android mobiles.
71. Which of the following account can be repatriable?

[A] NRE Account
[B] NRO Account
[C] FCNR(B) Account
[D] Both (A) and (C)

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72. In which type of remittances, money is transferred from one country to another?

[A] Foreign Remittance
[B] Digital Remittance
[C] Blockchain Remittance
[D] None of the above

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73. Which type of remittances are received from abroad?

[A] Blockchain Remittance
[B] Inward Foreign Remittance
[C] Outward Foreign Remittance
[D] None of the above

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74. Which among the following is/are correct regarding Money Market?

[A] Money Market is a market for short-term funds
[B] Maturity in this market ranging from overnight to one year
[C] The basic function of money market is to provide efficient liquidity position
[D] All of the above

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75. Liquidity status of certificate of deposit which is more negotiable is considered as?

[A] certified liquidity
[B] term liquidity
[C] more liquid
[D] less liquid

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76. Which market involves transactions in paper assets issued by banks to depositors who are willing to leave their money on deposit for a specified period of time?

[A] Gilt repo market
[B] Sterling certificates of deposit market
[C] Primary market
[D] Secondary market

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77. Which of the following is known as broad money?

[A] M3
[B] M1
[C] M2
[D] M4

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78. In primary markets, property of shares which made it easy to sell newly issued security is considered as which of the following?

[A] money flow
[B] decreased liquidity
[C] increased liquidity
[D] large funds

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79. Using futures contracts to transfer price risk is known as which of the following?

[A] hedging
[B] arbitrage
[C] speculating
[D] diversifying

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80. Which of the following pairs is correctly matched?

[A] FTSE-New York
[B] Hang Seng-Korea
[C] Nikkei-Japan
[D] S&P-London

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