Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. In banking services, which are the major characteristics affecting the channel selection
a. Intangibility
b. Inseparability
c. Perish ability
d. All of the above
e. None of these
Q. What does 'DD' stand for
a. Demand Cheque
b. Demand Credit
c. Demand Cash
d. Demand Draf
e. None of these
Q. The term smart money refers to
a. foreign currency
b. Internet banking
c. US Dollars
d. Traveller’s cheques
e. credit cards
Q. Which of the following is the retail banking product?
a. home loans
b. working capital finance
c. corporate term loans
d. infrastructure financing
e. export credit
Q. Which of the following is NOT required foropening a bank account?
a. Identity Proof
b. Address Proof
c. Recent Photographs
d. Domicile Certificate
e. None of these
Q. Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country?
a. Bank Rate (BR)
b. Special Drawing Rights (SDR)
c. Statutory Liquidity Ratio (SLR)
d. Cash Reserve Ratio (CRR)
e. None of these
Q. When was the Financial Market Department was established by RBI?
a. May, 1999
b. Jan, 2000
c. July, 2005
d. Aug, 2002
e. None of these
Q. which among the following is at times mentioned as a kind of Direct Debit Facility?
a. RTGS
b. ECS
c. NEFT
d. All of these
e. None of these
Q. Which among the following does not decided the RBI?
a. CAR
b. CRR
c. Base Rate
d. Bank Rate
e. Repo Rate
Q. In which year does the Differential Rate of Interest Scheme was introduced?
a. 1972
b. 1982
c. 1978
d. 1988
e. None of these
Q. Islamic Development Bank located in whichcountry?
a. Qatar
b. Saudi Arabia
c. Yemen
d. Iraq
e. Oman
Q. In which among the following types occurs the Interest Rate Risk?
a. Interest risk
b. Credit risk
c. Payment risk
d. Market risk
e. None of these
Q. Which of the following is the biggest borrower in India?
a. Government of India
b. Reserve bank of India
c. State Government
d. Indian Railways
e. Public Sector Undertakings
Q. Which of the following terms is used in banking field?
a. Input Devices
b. Zero Hour
c. Interest Rate Swap
d. Sedimentary
e. Privilege Motion