SBI PO Mains 2016 Important Financial Awareness Questions SBI PO Mains 2016 Important Financial Awareness Questions
SBI PO Mains 2016 Important Financial Awareness Questions   Friends, please practice these questions to gain confidence for the upcoming SBI PO Mains 2016... SBI PO Mains 2016 Important Financial Awareness Questions

SBI PO Mains 2016 Important Financial Awareness Questions

 

Friends, please practice these questions to gain confidence for the upcoming SBI PO Mains 2016 exam

 

 

(Q.1) The term ‘Banking’ is defined in which act?

  1. Banking Regulation Act, 1947
  2. Banking Regulation Act, 1949
  3. Banking Reforms Act, 1991
  4. Banking Reforms Act 1998

 

(Q.2) A system under which financial intermediaries involved in facilitating the creation of credit across the financial system but whose activities and members are not subject to regulatory oversight is referred to as:

  1. Phantom Banking
  2. Ghost Banking
  3. Shadow Banking
  4. Dark banking

 

(Q.3) In financial parlance, an examination and evaluation of a firm’s or individual’s financial information for use as evidence in court is termed as:

  1. Stress Test
  2. Stress Audit
  3. Forensic Audit
  4. Forensic Accounting

 

 

(Q.4) Which category under Pradhan Mantri Mudra Yojna (PMMY) provides loan cover from Rs. 50000 to Rs. 5 lakhs for businesses that have started but have not been established yet?

  1. Vruddh Category
  2. Tarun Category
  3. Shishu Category
  4. Kishor Category

 

(Q.5) Term ‘Red Herring Prospectus’ is associated with:

  1. Initial Public Offer
  2. Mergers & Acquisitions
  3. Mutual Funds
  4. Monetary Policy of Central banks

 

(Q.6) What does abbreviation ‘EEE Taxation’ stand for?

  1. Exempt-Exclude-Exit Taxation
  2. Exempt-Exempt-Exempt Taxation
  3. Exempt-Exclude-Effective Taxation
  4. Exempt-Earning-Exit Taxation

 

(Q.7) ‘5/20’ rule, which was in news recently, applies to which sector of the economy?

  1. Pharmaceutical Sector
  2. Steel Sector
  3. Aviation Sector
  4. Telecom Sector

 

 

(Q.8) In June 2016, which country decided to exit from the European Union based on the results of the public referendum?

  1. Germany
  2. France
  3. Greece
  4. United Kingdom

 

(Q.9) Economic Survey of India 2015-16, expects GDP Growth Rate for 2016-17 in the range of:

  1. 7% to 7.75%
  2. 7.25% to 8%
  3. 6% to 6.75%
  4. 6.5% to 7.25%

 

(Q.10) Central Bank of which among the following countries, currently has ‘negative interest rate’ policy?

  1. Japan
  2. United States of America
  3. Russia
  4. Brazil

 

Also Read:

>>> Important General Knowledge Questions for SBI PO Mains 2016

>>> Important Current Affairs Questions for SBI PO Mains 2016

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>>> Important Abbreviations: Banking & Finance

>>> Important Banking & Economy Current Affairs Questions

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All The Best

Team EntranceGeek