Top 150+ Solved Banking and Finance 2 MCQ Questions Answer

From 16 to 30 of 187

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

  • 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

  • c. State Bank of India

Q. Co-operative Societies Act was enacted in which year?

a. 1912

b. 1949

c. 1935

d. 1913

  • a. 1912

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

  • a. Government of India

Q. In which year was the Bank of Maharashtra established?

a. 1937

b. 1935

c. 1934

d. 1949

  • b. 1935

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

  • c. Primary Cooperative Banks

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

  • c. Non-Banking Financial Company

Q. Who insures banks in India?

a. IRDA

b. EXIM

c. DICGC

d. ECGC

  • c. DICGC

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

  • a. Reserve Bank of India

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

  • a. It is an overnight loan in the Money Market

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

  • b. It is loan of above1 day to 14 days in the money market

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

  • c. It is loan of above14 day to 364 days in the money market

Q. Which of the following is not related with Money Market?

a. Treasury Bills

b. Commercial Bills

c. Certificates of Deposit

d. Shares

  • d. Shares

Q. Which of the following is related with Money Market?

a. Treasury Bills

b. Commercial money

c. Cheque

d. Shares

  • a. Treasury Bills
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