Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. is the percentage of total deposits of a bank which it has to keep with itself in the form ofliquid assets.
a. Statutory Liquidity Ratio (SLR)
b. Cash Reserve Ratio (CRR)
c. Statutory Reserve Ratio
d. Cash Ratio
e. None of these
Q. When Reserve Bank intends to increase credit by the banking system, it
a. Reduces the bank rate
b. Raises the bank rate
c. Freezes the bank rate
d. None of these
e. All of these
Q. Which of the following has decided to block LPG subsidy and PAN of the tax defaulters?
a. RBI
b. SBI
c. Income Tax Department
d. Govt. of India
e. Finance Ministry
Q. Bank rate means
a. The rate of interest charged by the bank on advances
b. The rate of interest paid by banks on the deposits
c. The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
d. None of the above
e. All of the above
Q. Which is the authority in India for effecting changes in the cash reserve ratio and statutory liquidity ratio?
a. Government of India
b. RBI
c. Indian banks Association
d. CRR and SLR association
e. None of the above
Q. The Reserve Bank of India does not print currency notes of the denomination of Rs. .
a. 20
b. 50
c. 3,000
d. 2,000
e. 500
Q. Which of the following is considered as the financial capital of India?
a. New Delhi
b. Kolkata
c. Bangalore
d. Ahmedabad
e. None of these
Q. Many times we read in financial newspapers/magazines about Systematic Investment Plans (SIPs). SIPs are an investment option also operated in the mode of
a. Mutual Funds
b. Small Savings Schemes in Post Offices
c. National Pension Fund
d. National Saving Certificates
e. None of these
Q. Who amongst the following has suggested to the banks in India to give details of fund transfers to customers via SMS/E-mails?
a. Reserve Bank of India (RBI)
b. India Banks Association (IBA)
c. Indian Institute of Banking and Finance
d. Securities and Exchange Board of India
e. None of these
Q. The short term loans given to the farmers are the loans given normally for a period of
a. three months
b. six months
c. nine months
d. one year
e. fifteen months
Q. The Head of the Reserve Bank of India is designated as the .
a. Chief Executive Officer
b. Managing Director
c. Chief Banking Officer
d. Deputy Governor
e. None of these
Q. Which of the following organizations was specially established to operate in Gramin areas by design itself?
a. Commercial Banks
b. Central Financial Institutes
c. Private Banks
d. Regional Rural Banks
e. None of these
Q. Which of the following is NOT a part ofIndia‘s Money Market?
a. Bill Markets
b. Call Money Market
c. Banks
d. Mutual Funds
e. Indian Gold Council
Q. What does N in NASSCOM stands for?
a. National
b. Non
c. Net
d. All of the above
e. None of these
Q. CRR is required to maintain in the form of ?
a. Approved Government Securities
b. Cash with RBI
c. Cash with bank
d. All the above
e. None of the above