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  • SBI Clerk Exam General Awareness Study Material

Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of General Awareness Banking Awareness for SBI Clerk Exam student. This free online General Awareness study material for SBI Clerk Exam will help students in learning and doing practice on Banking Awareness topic of SBI Clerk Exam General Awareness. The study material on Banking Awareness, help SBI Clerk Exam General Awareness students to learn every aspect of Banking Awareness and prepare themselves for exams by doing online test exercise for Banking Awareness, as their study progresses in class. Kidsfront provide unique pattern of learning General Awareness with free online comprehensive study material and loads of SBI Clerk Exam General Awareness Banking Awareness exercise prepared by the highly professionals team. Students can understand Banking Awareness concept easily and consolidate their learning by doing practice test on Banking Awareness regularly till they excel in General Awareness Banking Awareness.


Banking Awareness
An indirect instrument of monetary policy is

a) Open market operations
b) Statutory liquidity ratio
c) Bank rate
d) Cash Reserve ratio



Answer
Solution
Correct Answer Is : Open market operations
Solution Is : An indirect instrument of monetary policy is Open market operations.
One of the following is NOT a component of foreign exchange reserves in India

a) Gold stock RBI
b) SDR holdings of government
c) Foreign exchange assets of RBI
d) Foreign exchange assets of government



Answer
Solution
Correct Answer Is : Foreign exchange assets of RBI
Solution Is : " Foreign exchange assets of RBI " is NOT a component of foreign exchange reserves in India.
Which one of the following is not a quantita-tive credit control measure of a Central Bank ?

a) Bank Rate Policy
b) Open market Operations
c) Moral Suasion
d) Cash reserve ratio



Answer
Solution
Correct Answer Is : Moral Suasion
Solution Is : Moral suasion is not a quantitative credit control measure of Central Bank.
The fourteen major banks in India were nationalized in the year

a) 1967
b) 1968
c) 1969
d) 1971



Answer
Solution
Correct Answer Is : 1969
Solution Is : The Fourteen Major Commercial Banks in India were nationalized on 19th July 1969.
The number of Nationalized Banks in India are

a) 14
b) 21
c) 20
d) 22



Answer
Solution
Correct Answer Is : 21
Solution Is : India has 21 Nationalized Banks.

Theprofits of Indian banks operating in foreign countries are a part of

a) Income from entrepreneurship earned from abroad
b) Domestic factor income of india
c) Profits of the enterprises working in domestic territory of india
d) Operating surplus of the banks located in india



Answer
Solution
Correct Answer Is : Profits of the enterprises working in domestic territory of india
Solution Is : The profits of Indian banks operating in foreign countries are a part of profits of the enterPrises working n domestic territory of India.
The industrial development bank of India was setup in

a) July, 1968
b) July, 1966
c) July, 1962
d) July, 1964



Answer
Solution
Correct Answer Is : July, 1964
Solution Is : Earth hour is a wordwide movement for the planet organized by the World Wide Fund (WWF) for nature. It was famously stated as a light-off event in Sydney, Australia in 2007
RBI`s deadline to exchange pre 2005 currency note Rs. 500 and Rs. 1000 is

a) Rs. 42369
b) Rs. 42095
c) Rs. 42005
d) Rs. 42094



Answer
Solution
Correct Answer Is : Rs. 42369
Solution Is : A cloudburst is an extreme amount of precipitation, sometimes accompanied by hail and thunder, that normally lasts no longer than a few minutes but is capable of creating flood conditions
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