Top 350+ Solved Banking and Finance MCQ Questions Answer
Q. …………………….is the fastest possible money transfer system through banking channel
a. RTGS
b. EFT
c. ATM
d. None of these
Q. Cash which is stored electronically on a microchip is called Credit Card
a. True
b. False
c. all
d. none
Q. An Investment Bank is a bank
a. Which invests money in another bank
b. Which collects investments from public
c. An intermediary which performs a variety of financial services to corporate
d. none
Q. _____________are NOT a part of the Scheduled banking structure in India.
a. Money lenders
b. Public sector banks
c. Private sector banks
d. Regional rural banks
Q. Which of the following is NOT a function of Commercial Bank?
a. Providing Project Finance Settling of payments on behalf of the customers.
b. Deciding policy rates like CRR, SLR and Repo rate.
c. Issuing credit / debit /ATM cards
d. none
Q. Which of the following public sector banks has the largest number of branches in foreign countries?
a. Bank of India
b. Bank of Baroda
c. Punjab National Bank
d. Corporation Bank
Q. Bank of Rajasthan is now merged with which of the following Banks?
a. Axis Bank
b. IDBI Bank
c. ICICI bank
d. HDFC Bank
Q. The rupee Note contain the signature of –
a. Finance Secretary, GOI
b. Chairman, SBI
c. Governor, RBI
d. Finance Minister, GOI
Q. Zero balance account is generally allowed to be open for –
a. Salaried Class
b. Business Man
c. Foreign Customers
d. Children