Top 150+ Solved Banking and Finance 2 MCQ Questions Answer

From 1 to 15 of 187

Q. ____________ allocates saving efficiently in an economy to ultimate userseither for investment in real assets or for consumption.

a. Economic system

b. Banking system

c. Financial system

d. Market system

  • c. Financial system

Q. _____________ is regarded as a queen of Indian financial system.

a. SEBI

b. RBI

c. Finance Ministry

d. BSE

  • b. RBI

Q. National Housing bank is a fully owned subsidiary of___________.

a. HDFC

b. HSBC

c. RBI

d. HUDCO

  • c. RBI

Q. Financial institutions are also known as ______________.

a. Financial organization

b. Financial intermediaries

c. Financial system

d. Any of the above

  • b. Financial intermediaries

Q. IDBI was established in ____________.

a. 1948

b. 1954

c. 1992

d. 1964

  • d. 1964

Q. Which of the following is not an asset held by Commercial Banks?

a. Bills of Exchange

b. Current Account Deposits

c. Money Lent at short Notice

d. Credit Balances with the Reserve Bank

  • b. Current Account Deposits

Q. Which of the following combinations is correct?

a. NABARD--------Industrial Loan

b. RBI---------------Long term Finance

c. RRB---------------Agriculture Finance

d. IDBI---------------Short Term Loans

  • c. RRB---------------Agriculture Finance

Q. Which of the following is not an organized sector in India?

a. Nationalized Banks

b. Regional Rural Banks

c. Cooperative Banks

d. Chits and Money lenders

  • d. Chits and Money lenders

Q. In which year was the Banking Regulation Act passed?

a. 1949

b. 1955

c. 1959

d. 1969

  • a. 1949

Q. When did the National Bank of Agriculture and Rural Development establish?

a. July, 1982

b. July, 1969

c. June, 1951

d. June, 1961

  • a. July, 1982

Q. At which of the following cities is the Head Office of Reserve Bank of India located?

a. Mumbai

b. New Delhi

c. Kolkata

d. Dehradun

  • a. Mumbai
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