Top 350+ Solved Banking and Insurance MCQ Questions Answer
Q. The banks which are owned and controlled by government
a. Government banks
b. Public sector banks
c. New generation banks
d. None of these
Q. HDFC bank is an example of ………………………………………
a. Private sector Indian bank
b. Private sector foreign bank
c. Public sector bank
d. Nationalized bank
Q. Accepting deposits and lending money is the ………………………………………….function of commercial banks
a. Primary
b. Secondary
c. General utility
d. Agency functions
Q. CRR stands for ……………………………………………….
a. Current Reserve Ration
b. Cash Reserve Ration
c. Cumulative Reserve Ration
d. None of these
Q. EMI stands for ………………………………………………
a. Equated Monthly Installment
b. Earning Monthly Interest
c. Equally Money Investment
d. None of these
Q. The banking activities performed by foreign multinational banks in a country
a. Core banking
b. E-Banking
c. Off Shore Banking
d. Islamic Banking
Q. Name the banking facility of 24 hours based on the voice processing facility available with bank computers
a. Tele banking
b. Internet Banking
c. ATM
d. Core Banking
Q. The settlement system which settle transaction on a one to one basis without adjusting debits against credits
a. Real time settlements
b. Gross Settlement
c. Net settlements
d. None of these
Q. Which of the following is not an innovative services
a. Merchant Banking
b. Factoring
c. Accepting deposits
d. Leasing
Q. ………………………refers to a banking transactions routed through internet
a. Mobile banking
b. Online banking
c. Off shore Banking
d. None of these
Q. NPA stands for ……………………………………………..
a. Net profit Assessment
b. None Performing Asset
c. Non Participating Asset
d. None of these