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    Thursday, April 28, 2016

    Financial Awareness Quiz - Practice set for SBI Clerks 2016



    1. Credit rating is used ?
    a) before giving jobs to aspirants
    b) calculating  performance of employees
    c)rate borrowers while giving advances
    d)while issuing credit card


    2. Loan granted by bank for purchase of white good is called as?
    a)white goods loan
    b)Non black goods loan
    c)consumer durable loan
    d)All of the above


    3. Tax against profits earned by businesses during a given taxable period  is called ?
    a) Income tax
    b) Customs tax
    c)VAT
    d)Corporate tax


    4. Stale cheque is
    a)  check which has completed 6 months from its date of issue.
    b)  a  6 months post date cheque
    c)  check without drawers signature
    d)  post dated cheque



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    5. What is called Mortgage ?
    a) Loan on motor vehicles
    b) using immovable property available as a cover for a home loan by borrower.
    c) Registration charge for companies
    d)Registration charges by Regional transport authorities


    6. As part of Start Up Mission , Prime minister Modi announced __ years of tax exemption?
    a) 5 years
    b) 2 years
    c) 3 years
    d) 6 years


    7. Maximum number of credit transactions in a Calendar year for pensioners account as directed by RBI on  January 26, 2016 is ?
    a) 12
    b)9
    c)14
    d)7


    8.Who is elected as first president of Asian Infrastructure Investment Bank (AIIB)?
    a)  Xi Jinping
    b)Bank ki Moon
    c) Christine Lagarde
    d)Jin Liqun


    9."FlexiPay Home Loan" scheme introduced by SBI  is targeted towards which customers?
    a) Retired employees
    b) Young working professionals
    c) Working women
    d) Old citizens

    10. Wealth management services started by which public sector bank for first time in India on 14th January?
    a) Bank of Baroda
    b)SBH
    c)SBI
    d) Vijaya Bank




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