Top 50+ Solved Banking and Insurance Sector in India MCQ Questions Answer
Q. Indian Commercial Banks are categorized into:
a. Public sector Banks
b. Foreign Banks
c. Private Sector Banks
d. All of the above
Q. Regional Rural Banks have been set up with the basic objectives of:
a. Providing credit to semi - urban & urban population
b. Providing deposits facilities to farmers
c. Providing credit & deposit facilities to rural areas
d. providing credit, deposit and other banking facilities to people in rural
Q. _____ is raised in capital markets
a. Funds through long term securities
b. Long term loans through Govt. securities
c. medium term loans
d. Short - term instruments
Q. Interest on Government secu-rities on fixed basis is known as:
a. Bank rate
b. Coupon
c. Prime Lending Rate
d. Bench mark PLR
Q. __ was not nationalized in 1969:
a. Punjab National Bank
b. Oriental Bank of commerce
c. Bank of Baroda
d. Union Bank of India
Q. In the first round 14 major banks with a liability base of ____ werenationalized:
a. 10 crore or more
b. 20 crore or more
c. 50 crore or more
d. 100 crore or more
Q. The maximum Statutory Liquidity Ratio to be maintained by banks is_____:
a. 25%
b. 30%
c. 35%
d. 40%
Q. CRR funds are kept by the Banks in ____:
a. Cash in hand at branches
b. Balance with other banks
c. Balance in a special Account with RBI
d. Funds in the currency chest
Q. An increase in CRR by RBI leads to:
a. Decrease in deposit
b. increase in deposit
c. Increase in lendable resources
d. Decrease in lendable resources
Q. When RBI reduce the CRR it results into:
a. Decrease in deposit
b. increase in deposit
c. Increase in lendable resources
d. Decrease in lendable resources
Q. What is meant by development Oriented banking?
a. Infrastructure financing
b. Extending loans to States, which are un development
c. Taking up the task of development of the economy by providing support to under privileged sections of the society
d. All the above
Q. Principal functions of SIDBI:
a. Promotion of SSI
b. Finance of SSI
c. Development of SSI
d. All the above
Q. ____ heads and conducts the affairs of RBI:
a. Central Board
b. local board
c. Regional board
d. All of the above
Q. RBI Provides ____ for meeting day - to - day receipt and expendituremismatch to both Central and State Governments.
a. treasury bills
b. Ways and Means advance
c. date and securities
d. All the above
Q. RBI known as lender of last resort because:
a. It has to meet the credit need of citizens to whom no one else is willing to lend
b. Banks lend to go to RBI as a last resort
c. It comes to help banks in times of crisis
d. All of the above