Financial Awareness quiz for SBI clerks 2016

1. Statement of the estimated receipts and expenditure of the gov of India for upcoming financial year is called ?
a) monetary policy
b) budget
c) finance bill
d)capital market

2.Which of the following is true in regards to the budget ?
a) It is presented by fiance minster in Rajya sabha on recommendation of the president.
b)It is presented by prime minster in Loksabha on recommendation  of the president
c) It is presented by finance minister in LokSabha on recommendation of the president.
d) It is presented by president in Loksabha.

 3.Revenue budget consists of _______?
a) tax revenue and non tax revenue and expenditure
b)only tax revenue and expenditure
c)only non tax revenue and expenditure
d) tax revenue and non tax revenue

4. Expenditure of revenue includes  ______?
a) development expenditure
b) non development expenditure
c) development and non development expenditure
d) None of the above


Budget "Tit bit" 
 Vote on account empowers Loksabha to make any grant in advance for a part of any financial year, pending the  completion of budgetary process.

5. Excess of public expenditure over public revenue is termed as ?
a) expenditure deficit
b)budgetary deficit
c)money deficit
d)revenue deficit

sponsored links

6. Which organisation regulates capital market in India ?
a) RBI
b)SEBI
c)FII
d) SIDBI


7.Lender of Last resort to banks is ?
a) SEBI
b)RBI
c)SEDBI
d)SBI





8.Expand IRDA
a) Insurance Regulatory and distribution authority
b)Insurance randomization and development authority
c)Insurance regulatory and development authority
d) None of the above


9.RBI was constituted under RBI Act ____?
a) 1935
b)1934
c)1945
d)1936

  10.Who is called "Banker's Bank"?
a) SEBI
b) SBI
c)RBI
d)IRDA


11. Bank of Calcutta , Bank of Bengal and Imperial Bank of India are old names of  ?
a) RBI
b)SBI
c)SBH
d)Indian Bank

  12. In first phase of nationalization of banks 1969, how many banks were nationalized in India ?
a) 19
b)15
c)12
d)14

  13. How many more banks were nationalized in India in addition to existing 14 nationalized banks ?
a) 7
b) 3
c)5
d)9


14."Its easy to change for those who you Love , together we can "  is the tagline/slogan of which bank  ?
a) SBI
b) SBH
c) Canara Bank
d) Indian Bank


15. "You can always bank on us" is the tagline of which bank ?
a) Indian Bank
b)Canara bank
c)\Vijaya bank
d)SBH

Please like it support our work