Banking Awareness is an important part of Current Affairs Section of Banking and Insurance Exam. . Static GK is very important for bank exams like IBPS Clerk, PO, SBI Clerk, PO, RRB CLerk and PO. So study our static GK Content and attempt the Banking Awareness Quiz Now.
1)c) Repurchase agreement
2)b) Account agreement
3)a) Perpetual Bonds
4)d) Underwriting
5)e) None of these
6)b) Arbitrage
7)d) Valuation
8)a) Listing
9)c) Amortization
10)e) None of these
1. An arrangement in which a security is sold and later bought back at an agreedprice and time is called ______________
a) Future agreement
b) Pre agreement
c) Repurchase agreement
d) Pre sale agreement
e) None of these
2. The contract governing your open-end credit account is known as ____________
a) Card agreement
b) Account agreement
c) Account Details
d) Account shares
e) None of these
3. Bonds which have no maturity date are called ___________
a) Perpetual Bonds
b) Maturity Bonds
c) Discount Bonds
d) Currency Bonds
e) None of these
4. __________ is an agreement by the underwriter to buy on a fixed date and at a fixed rate, the unsubscribed portion of shares or debentures or other issues
a) Contract
b) Letter of Credit
c) Letter of Understanding
d) Underwriting
e) None of these
5. The rate at which banks lend to their best customers is called ___________
a) Bank rate
b) Repo rate
c) Reverse repo rate
d) Interest rate
e) None of these
6. Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market is called _________
a) Mortgage
b) Arbitrage
c) Pledge
d) Pre Sale
e) None of these
7. Process by which an investor determines the worth of a security using risk and return concept is known as __________
a) Listing
b) Index
c) Calculation
d) Valuation
e) None of these
8. Quotation of the Initial Public Offering company’s shares on the stock exchange for public trading is called ____________
a) Listing
b) Prospectus
c) Offering
d) Discounting
e) None of these
9. The process of reducing debt through regular instalment payments of principal and interest that will result in the payoff of a loan at its maturity is called
__________
a) Inflation
b) Deflation
c) Amortization
d) Demonetization
e) None of these
10. The total profits of a company after taxation and interest is called ____________
a) Sharing
b) Divided
c) Capital
d) Bonds
e) None of these
ANSWER :-
1)c) Repurchase agreement
2)b) Account agreement
3)a) Perpetual Bonds
4)d) Underwriting
5)e) None of these
6)b) Arbitrage
7)d) Valuation
8)a) Listing
9)c) Amortization
10)e) None of these
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