Banking Awareness Online Bits for Bank Exams -7

Hi friends Welcome to currentaffairs2you Collecting study material for banking is one good art.if you collect good study material for banking then get the job is easily. banking awareness study material can uploaded many sites but in this blog banking study material is prepared by expert lecturers. they are collecting the study material for banking information from different news papers,news channels,different books and libraries. here banking awareness study material download free. in this blog all type of banking study material available like study material for computer awareness, study material for aptitude, study material for banking general english, study material for banking marketing,study material for current affairs daily.

How to Prepare for bank exams?

hello friends, bank preparation is one good art because of it is complete mind pressure, if you reduce mind pressure then bank job or any competitive exam gets easy.

Preparation to banking Exam of Competitive exams:
First Collect the required information like study material.
Note: Don't collect the unnecessary study material for banking, it is the waste of time for collecting and also preparation
After collecting banking study material then you will prepare schedule for banking exam.
After this you will prepare topic wise slowly. after finishing one topic then go to another topic. if you do like this then automatically you will get the confidence on bank exam and also get the grip on that topic.once you have confident on all topics then govt job is in front of you."All the Best"


1) From the following statements Which is not one of the essential elements of internal audit?

1.     Totality

2.     Expertise

3.     Independence

4.     Subjectivity

2) From the following statements Which one of  businesses is prohibited as per Sec 8 of B.R Act 1949?

1.     Executing the trusts

2.     Leasing

3.     Retail trading

4.     Underwriting

3) A term loan is classified as a non-performing asset, if interest or installment is overdue for period exceeding how many days?

1.     90

2.     91

3.     180

4.     182

4) The letter of credit, which facilitates the exporter to get pre- shipment finance (from the stage of purchase of raw material until the warehousing of the finished goods) from advising bank is called?

1.     Red Clause LC

2.     Lines of credit

3.     Packing credit loan

4.     Green Clause LC

5) Debt Recovery Tribunals accept petitions from Banks and financial institutions, only when the amount of suit is for Rs?

1.     1 00 000 and above

2.     5 00 000 and above

3.     7 50 000 and above

4.     10 00 000 and above

6) From the following statements Which is an interest bearing demand deposit?

1.     Time Deposit

2.     Re-investment deposits

3.     Cash Certificates

4.     Savings Bank account

7) Ideal Credit deposit ratio for a bank is?

1.     60%

2.     40%

3.     90%

4.     30%

8)  An endorsement is deemed as an instruction to?

1.     Collecting Bank

2.     Paying Bank

3.     Drawer

4.     Payee

9) From the following statements Which is not one of the RBI directives on clean note policy?

1.     Currency note packets are not to be stapled and secured with paper bands

2.     Soiled notes are to be stapled before they are remitted to Currency Chest.

3.     Water mark window of bank notes shall not contain any writings

4.     Currency notes are to be sorted in to Issuable and non-issuable notes.

10) The rate at which RBI rediscounts the bills of commercial banks is called as?

1.     Bank Rate

2.     Prime Lending rate

3.     Repo rate

4.     BPLR