Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. India became the country in the worldto have a bank especially for women.
a. 7
b. 6
c. 5
d. 3
e. None of these
Q. When it comes to electronic banking whichamong the following are not coming under the purview of electronic banking?
a. Debit cards
b. credit cards
c. mobile banking
d. safe deposit locker
e. internet banking
Q. The returned non resident Indians are permitted to open the following accounts:
a. Non resident external account
b. Non resident ordinary account
c. RFC account
d. FCNR account
e. none of the above
Q. Financial instruments provided short termand they include
a. Commercial paper
b. Hundi
c. Certificates of deposits
d. Promissory notes
e. All the above
Q. Government has infused Rs 2,229 crore into which public sector bank in lieu of preferential allotment of shares?
a. Bandhan Bank
b. IDBI
c. Canara Bank
d. SBI
e. None of these
Q. A depositor can deposit his funds any number of times he likes and can also withdraw the same any number of times he wishes
a. Savings bank
b. current account
c. recurring deposit
d. both (a) and (b)
e. none of the above
Q. Which bank has earmarked Rs 20 crore tosupport employees who were affected by the floods in Chennai?
a. HSBC
b. Doha Bank
c. Royal Bank of Scotland
d. None of these
e. All of the above
Q. When it comes to unorganized sector, which among the following is not true?
a. Indigenous bankers
b. Money lenders
c. Chit funds
d. Nidhis
e. Cooperative bank
Q. Disha Microfin and , will merge expecting the combination to help them launch a stronger small finance bank.
a. Muthoot Finance
b. Bajaj Finance
c. Future Financial Services
d. All of the above
e. None of these
Q. Banks borrow in this money market for the following purposes:
a. To fill the gaps in temporary mismatches in funds
b. To meet the cash reserve ratio and statutory reserve ratio – the mandatory requirements as stipulated by RBI
c. To meet sudden demand for funds arising out of larger outflows
d. All the above
e. none of the above
Q. The Deposit Insurance Credit Guarantee Scheme was formed on ?
a. July 1, 1975
b. January 1, 1952
c. January 1, 1962
d. January 1, 1991
e. None of the above
Q. The currency notes issued by Reserve Bank ofIndia are under the signature of ?
a. President of India
b. Dy. Governor
c. Governor
d. Secretary, Finance Ministry
e. None of the above
Q. The Minimum Net Owned Fund for NBFC- MFIs registered in the North Eastern Region of the country is
a. Rs.5 crore
b. Rs.4 crore
c. Rs.3 crore
d. Rs.2 crore
e. None of the Above
Q. The Lead Bank Scheme was introduced in the year ?
a. 1968
b. 1969
c. 1974
d. 1976
e. None of the above
Q. In SNRR Account, SNRR stands for
a. Statutory Non Resident Rupee
b. Single Non Resident Rupee
c. Statutory Non Reflex Rupee
d. Single Non Resident Rupee
e. Special Non Resident Rupee