Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Obtaining cash from an ATM is similar to:
a. Writing a Cheque
b. Open any Account
c. Any banking transaction
d. Both a) and b)
e. None of These
Q. Which of the following cannot be endorsed?
a. A fixed deposit receipt
b. A bank draft
c. A Promissory note
d. A usance bill of exchange
e. None of these
Q. What is a Green Index?
a. It measures the nation’s wealth according to per Capita
b. It measures the nation’s wealth according to GDP per Capita
c. It measures nation’s wealth according to provisions of control on greenhouse gases
d. It measures the nation’s wealth in terms of coverage of forest area.
e. none of these
Q. A endorsement includes the words "FOR DEPOSIT ONLY":
a. Restrictive
b. Predictive
c. Conductive
d. Both a) and c)
e. None of These
Q. In a company the use of price sensitive corporate information by the Company – people to make gains or cover losses is known as?
a. insider trading
b. future trading
c. foreign trading
d. stock trading
e. None of these
Q. India‘s first indigenous payment gateway is
a. India Payment
b. India Pay
c. India Rupee
d. India Expenditure
e. None of these
Q. Which of the following organizations providesBuffer Stock Financing Facility?
a. Reserve Bank of India
b. Asian Development Bank
c. International Monetary Fund
d. World Bank
e. Federal Reserve Bank
Q. The relationship between RBI and the Bankmaintaining the currency chest is that of?
a. Creditor and Debtor
b. Bailor and Bailee
c. Principal and Agent
d. Debtor and Creditor
e. None of these
Q. Where are the headquarters of National Housing Bank?
a. Lucknow
b. Allahabad
c. Mumbai
d. New Delhi
e. Kolkata
Q. In India, forex rates are determined by
a. Demand and supply forces
b. Importers
c. Ministry of commerce
d. Exporters
e. None of these
Q. An increase in CRR by RBI leads to
a. Increase in deposit
b. Decrease in deposit
c. Decrease in lendable resources
d. Increase in lendable resources
e. None of these
Q. The interest on recurring deposit is paid on the basis of?
a. Interest calculated on daily products basis
b. Simple interest on monthly products basis
c. Simple interest calculated monthly basis
d. Quarterly compounding
e. None of these
Q. What is international banking?
a. Providing of variety of financial services to the customers who are living outside their home country
b. Providing of financial services to the customers who are living in home country
c. Banking between two countries
d. All of the above
e. None of these
Q. When RBI reduce the CRR it results into
a. Increase in lendable resources
b. Decrease in lendable resources
c. Increase in deposit
d. Decrease in deposit
e. None of these