Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Reserves which can act as a liquidity buffer forcommercial banks during crisis times are
a. CAR
b. SLR
c. CAR and CRR
d. CRR and SLR
e. None of these
Q. To make KCC a Smart Card cum Debit Card, Government of India had constituted a Working Group under the Chairmanship of
a. C. Ranga Rajan
b. Chanda Kocchar
c. Arundhathi Bhattacharya
d. T.M. Bhasin
e. None of these
Q. Which of the following banking does not come under Social Banking?
a. Crediting the LPG subsidy in the beneficiary bank account
b. Offering Jan Dhan Scheme accounts
c. Allowing students to credit their scholarships through No-frill accounts
d. Allowing the subsidy loan to disadvantage sections of the society
e. None of these
Q. Loan of very small amounts given to low income groups is called
a. Cash credit
b. Micro credit
c. Simple overdraft
d. No frills loans
e. None of these
Q. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?
a. 3 years
b. 5 years
c. 7 years
d. 10 years
e. None of these
Q. Banking in India is controlled by:
a. Reserve Bank of India
b. Union Finance Commission
c. Union Ministry of Finance
d. Union Ministry of Commerce
e. None of these
Q. Which bank was the sponsor of PrathamaGramin Bank?
a. Bank of Baroda
b. Indian Bank
c. Punjab National Bank
d. Syndicate Bank
e. None of these
Q. With whom does the ownership of Public sector banks rest?
a. Wholly with Government of India
b. Jointly with Government of India and share- holders from the public
c. Jointly with Government of India and State Bank of India
d. Jointly with Government of India and Reserve Bank of India
e. None of these
Q. In which years RBI and SBI are nationalized respectively?
a. 1955, 1949
b. 1969, 1955
c. 1949, 1955
d. 1955, 1969
e. None of these
Q. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016monthly publication?
a. Janet Yellen
b. Raghuram Rajan
c. Graeme Wheeler
d. Mario Draghi
e. None of these
Q. Which of the following sets up core banking infrastructure for rural banks?
a. IBA
b. NABARD
c. RBI
d. SIDBI
e. None of these
Q. Which of the following is foreign bank having offices/branches in India?
a. Yes Bank
b. HDFC Bank
c. IDBI Bank
d. Karnataka Bank
e. Standard Chartered Bank
Q. Production is
a. Destruction of Utility
b. Creation of Value
c. Creation of Utility
d. Manufacture of goods
e. None of these
Q. What is the cost of credit expressed as a percentage on a yearly basis called?
a. APR
b. APY
c. WPI
d. All of the above
e. None of these
Q. The main function of an Asset ManagementCompany is to:
a. manage the securities of various schemes
b. manage the funds by making investments in various types of securities
c. manage property for the benefit of the unit holders
d. All the above
e. None of thes