Top 350+ Solved Banking and Finance MCQ Questions Answer
Q. Bank of Baroda is an example for -------
a. Private sector Bank
b. Foreign Bank
c. Public sector Bank
d. None of these
Q. Federal Bank is a ------
a. Private sector Bank
b. Foreign Bank
c. Public sector Bank
d. None of these
Q. State financial corporations is an example for --------
a. Industrial Bank
b. Foreign Bank
c. Public sector Bank
d. All
Q. ----- is a loan for short term temporary financing for Business firms .
a. Term loans
b. Bridge loans
c. Cash credit
d. All
Q. ------- is a temporary financial arrangement by the bank to draw more than theamount standing to his credit.
a. Overdraft
b. Bridge loans
c. Cash credit
d. None of these.
Q. General relationship between banker and customer is -----
a. contractual relation ship
b. trustee and beneficiary
c. Right of agent
d. none of these
Q. While accepting deposit,a banker becomes ------ and customer is -----
a. Creditor and debtor
b. Debtor and Creditor
c. None of these .
d. all
Q. There is no fixed place of repayment in -------
a. debt due from bank
b. ordinary commercial debt
c. special debt
d. None of
Q. Prime lending rate is charged by
a. Commercial bank
b. Merchant bank
c. Co-operative bank
d. Development bank
Q. Under which banking aims at targeting customers with large valuetransaction
a. Whole sale banking
b. Merchant banking
c. Retail banking
d. Internet banking
Q. On which rate method, the interest is charged on the full amount of theloan throughout the entire period of loan
a. Fixed rate of interest
b. Floating rate of interest
c. Flat rate of interest
d. Compound rate of interest
Q. A type of loan given by one bank to another bank is……..?
a. money at call and short notice
b. bridge loan
c. term loan
d. d .none of these