Tuesday, May 17, 2016

IMPORTANT BANKING GK for upcoming SBI EXAMS

1.What does HDFC stand for?
Ans-Housing Development Finance Corporation
2.What does FCCB stand for?
Ans-Foreign Currency Convertible Bond
3.The EXIM Bank of India was established in _________ ?
Ans-1982
4.Finance Commission is constituted ?
Ans-Once in a 5 year
5. ________ is the difference in value between a country's imports and exports.
Ans-Balance of Trade
6.Which of the following bank had its old name as ‘Devkaran Nanji Banking Company Limited’?
Ans-Dena Bank
7. Banks where a majority stake (above 50%) is held by a government are known as
Ans-Public Sector Bank
8.National Bank for Agriculture & Rural Development (NABARD) was setup in the year _________ ?
Ans-1982
9.When a customer uses banking channels to cover up his suspicious and unlawful financial activities, is called as _______ ?
Ans-Money Laundering
10.Banks which are included in the second schedule of the Reserve Bank of India Act, 1934 are called as ?
Ans-Scheduled Bank
11.A short-term loan that is used until a person or company secures permanent financing or removes an existing obligation is called as ?
Ans-Bridge Loan
12. _________ is a statement showing the assets and liabilities of a business at a certain date.
Ans-Balance sheet
13.What does 'IFCI' stand for?
Ans-Industrial Finance Corporation of India
14.'RAND' is the currency of ?
Ans-South Africa
15.What does ‘N’ in NASSCOM stand for?
Ans-National Association of Software and Services Companies
16.Slogan of Reserve Bank of India is _________?
Ans-Indias central bank
17.Slogan of Punjab National Bank is _______?
Ans-The Name you can BANK upon
18.Slogan of State Bank of India is _______?
Ans-Banker to every Indian
19.Minimum limit on investment in Kisan Vikas Patra?
Ans-1000
20.The new KVP promises to double the invested money in _______ months?
Ans-100 months (8 years and 4 months).

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