Banking Awareness Questions for IIFT PDF
Download important IIFT Banking Awareness Questions PDF based on previously asked questions in IIFT and other MBA exams. Practice Banking Awareness Questions and answers for IIFT and other exams.
Download Banking Awareness Questions for IIFT PDF
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Question 1: The agricultural ministry has unveiled ‘A.P.M.C. Act 2017’ which has defined each state/UT as a ______.
a) Single unified market
b) Multiple unified markets
c) Single diversified market
d) Multiple diversified Market
Question 2: Which among the following is an apex institution in the sphere of Agriculture credit in India?
a) NABARD (National Bank for Agriculture and Rural Development)
b) SIDBI (Small Industries Development Bank of India)
c) EXIM Bank
d) NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.)
Question 3: Indian banks have the maximum foreign branches in
a) Bangladesh
b) Sri Lanka
c) U.K.
d) U.S.A
Question 4: Which place of Indus Valley Civilization was situated on the bank of Indus River?
a) Lothal
b) Mohenjodaro
c) Kalibanga
d) Harappa
Question 5: On January 3, 2018, RBI initiated ‘PCA’ against the Allahabad Bank. How many public sector banks have been covered under ‘PCA’?
a) 18
b) 17
c) 11
d) 15
Question 6: RBI(Reserve Bank of India) is
a) Bank of Banks
b) a Private Bank
c) a Cooperative Bank
d) a Commercial Bank
Question 7: “Commercial Papers” are issued by :
a) A Company to a Bank
b) A Bank to a Company
c) Bank to Bank
d) None of the above
Question 8: What are gilt-edged securities?
a) Securities issued by the multinational companies.
b) Securities issued by the Government
c) Securities issued by the private sector
d) Securities issued by the joint venture companies
Question 9: Medium term loans are provided for a period of _____.
a) 1 year to 2 years
b) 15 months to 3 years
c) 15 months to 4 years
d) 1 year to 3 years
Question 10: In the era of globalization of business M&A; means
a) Money and assets
b) Marketing and alliance
c) Mergers and acquisitions
d) Means and acquisitions
e) Markets and acquitions
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Answers & Solutions:
1) Answer (A)
2) Answer (A)
3) Answer (C)
4) Answer (B)
5) Answer (C)
6) Answer (A)
7) Answer (B)
8) Answer (B)
9) Answer (D)
10) Answer (C)
IIFT Previous year question papers PDF
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