Top 350+ Solved Banking and Finance MCQ Questions Answer
Q. Timely repayment of loans results
a. Good reputation
b. No tension
c. Easily availability of loan in future
d. All of above
Q. Aadhaar is
a. 12 digit number card
b. Identity proof issued by UIDAI
c. Both (a) & (b)
d. None of above
Q. Which is prohibited for writing on currency notes?
a. Political message
b. Religious message
c. Personal message
d. All of above
Q. PPF means
a. Pension Planning Funds
b. Person having Pension Facilities
c. Public Provident Fund
d. Permanent Practitioner’s Forum
Q. While making nomination, signature of nominee is required on
a. Account Opening Form
b. Nomination form
c. Affidavit
d. None of above
Q. Highest denomination of currency notes issued by RBI is
a. Rs.100/-
b. Rs.500/-
c. Rs.1,000/-
d. Rs.10,000/-
Q. NRI means
a. Non Rural Individuals
b. Non Rural Immigrants
c. Non Resident Indian
d. None of above
Q. PAN means
a. A kind of utensil
b. Primary Account Number
c. Permanent Account Number
d. None of above
Q. In Recurring Deposits,
a. a fixed sum is deposited every month
b. period of deposit is a fixed tenure
c. interest is paid at FDR rate
d. All of above
Q. National Housing Bank (NHB), was set up on
a. 9 July 1988
b. 10 june 1988
c. 20 june 1898
d. 19 june 1985
Q. The safest place for keeping money
a. A pit dug in the ground
b. An iron box
c. Bank
d. Money lender