Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which of the following is an account at a bank or credit union that earns interest over a specified amount of time?
a. Interest Bearing Account
b. Regular Checking Account
c. De-materialized Account
d. Savings Bank Account
e. None of these
Q. term refers an account that cannot be converted and repatriated into foreign currency.
a. Non-Resident Ordinary Rupee or NRO Account
b. Non-Resident Rupee or NRE Account
c. FCNR Account
d. Retail Account
e. None of these
Q. What does the term Open Market Operations refer to?
a. Selling of equities in the open market
b. Selling of commodities in the open market
c. Buying and selling of government securities in the open market
d. Buying and selling of products in the wholesale market
e. None of these
Q. account is opened by the investor while registering with an investment broker.
a. Fixed Deposit Account
b. Savings Bank Account
c. Recurring Account
d. De-materialized Account
e. None of these
Q. is the percentage of total deposits of abank which it has to keep with itself in the form of liquid assets.
a. Statutory Liquidity Ratio (SLR)
b. Cash Reserve Ratio (CRR)
c. Statutory Reserve Ratio
d. Cash Ratio
e. None of these
Q. is a deposit of money that has a fixed time and pays higher interest than a SB Account.
a. Fixed Deposit Account
b. Savings Bank Account
c. Recurring Account
d. Current Account
e. None of these
Q. Who issues treasury bills?
a. Reserve Bank of India, as the agent of the Central Government
b. Any Govt. dept. of State and Central
c. Any Commercial Bank
d. All of the above
e. None of the above
Q. short term instrument, have the generic character of T-bills but are issued for maturities less than 91 days.
a. Dated Government Securities
b. State Development Loans (SDL)
c. Cash Management Bills (CMBs)
d. All of the Above
e. None of these
Q. Certificate of deposit can be subscribed by
a. individuals
b. corporate companies
c. Trusts, funds, association et.c
d. ( a) and (b)
e. all of (a) to (c)
Q. refers borrower‘s ability to meet immediate liabilities.
a. Current Ratio
b. Gearing Ratio
c. Acid-Test Ratio
d. All of the above
e. None of the Above
Q. A government security is generally issued inthe form of
a. Stock certificates
b. Bearer bonds
c. Promissory notes
d. all
e. none
Q. An Asset Reconstruction Company(ARC) in India is associated with
a. UCPDC
b. DICGC
c. NPA
d. All of the above
e. None of the Above
Q. Who are the major players in the call money markets?
a. Banks
b. Insurance companies
c. Development Financial Institutions
d. Selected Mutual Funds
e. All of the above
Q. is a voluntary market body for the bond, money and derivatives markets.
a. RBI
b. SEBI
c. IRDAI
d. FIMMDA
e. None of the above