Top 150+ Solved Banking and Finance 2 MCQ Questions Answer
Q. “Scheduled bank” in India means a bank _____.
a. Incorporated under the Companies Act, 1956
b. Authorized to the Banking business
c. Governed by the Banking Regulation Act, 1949
d. Included in the Second schedule to the Reserve Bank of India Act 1934
Q. Which is the largest commercial bank in India?
a. Bank of India
b. Axis Bank
c. State Bank of India
d. HDFC
Q. With whom does the ownership of Public sector banks rest?
a. Government of India
b. Jointly with Government of India and share-holders from the public
c. Jointly with Government of India and State Bank of India
d. Jointly with Government of India and Reserve Bank of India
Q. Urban Cooperative Banks are also called as?
a. Short-term co-operatives
b. Secondary Cooperative Banks
c. Primary Cooperative Banks
d. Long-term co-operatives
Q. What is the full-form of NBFC?
a. Non-Bank Financial Competition
b. Non-Bank Foreign Company
c. Non-Banking Financial Company
d. Non-Banking Finance Corporation
Q. Which of the following is the regulator of Money market?
a. Reserve Bank of India
b. Government of India
c. Telecom Regularity Authority
d. Insurance Regularity Department
Q. What is Call Money?
a. It is an overnight loan in the Money Market
b. It is loan of above1 day to 14 days in the money market
c. It is loan of above14 day to 364 days in the money market
d. It is an amount charged on ISD
Q. What is Notice Money?
a. It is an overnight loan in the Money Market
b. It is loan of above1 day to 14 days in the money market
c. It is loan of above14 day to 364 days in the money market
d. It is an amount charged on ISD
Q. What is Term Money?
a. It is an overnight loan in the Money Market
b. It is loan of above1 day to 14 days in the money market
c. It is loan of above14 day to 364 days in the money market
d. It is a loan provided on certain terms and conditions by Bank to its customer
Q. Which of the following is not related with Money Market?
a. Treasury Bills
b. Commercial Bills
c. Certificates of Deposit
d. Shares
Q. Which of the following is related with Money Market?
a. Treasury Bills
b. Commercial money
c. Cheque
d. Shares