Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which of the following banks is limited to the needs of agriculture and rural finance?
a. RBI
b. SBI
c. IFC
d. NABARD
e. Axis Bank
Q. Which of the following is the full form of the term SLR as used in the banking sector?
a. Social Lending Ratio
b. Statutory Liquidity Ratio
c. Scheduled Liquidity Rate
d. Separate Lending Rate
e. None of these
Q. Expand FIPB –
a. Foreign Investment Promotion Brochure
b. Foreign Investment Production Board
c. Foreign Investment Promotion Board
d. Foreign Direct Investment Promotion Board
e. None of these
Q. Which of the following will be the authorisedoperational units?
a. BBPCU
b. BBPOU
c. Biller
d. All of the Above
e. None of the Above
Q. In primary and secondary markets dealer ofe)None of theseGovernment securities is known as?
a. Ledger
b. Corporate bond dealer
c. Primary dealer
d. Secondary dealer
e. None of these
Q. What is the maximum age for MD and CEO in Private Sector Banks set by RBI?
a. 70
b. 75
c. 60
d. 80
e. None of these
Q. have been awarded the license by the Central Bank to operate Bharat Bill Payment System (BBPS) recently.
a. Common Service Centres (CSC)
b. Financial Institutions
c. Only (a)
d. Both (a) and (b)
e. None of the Above
Q. Commercial paper may be issued for a period of ?
a. 90 days
b. 91 to 180 days
c. 7 days to one year
d. All the above
e. None of the above
Q. is the rate at which commercial banks charge on their surplus funds with RBI.
a. Repo Rate
b. Reverse Repo Rate
c. Interest Rate
d. Bank Rate
e. None of these
Q. Loan for fish rearing is covered under Prirority Sector as advances
a. Self Employment Scheme
b. Self Employment Scheme
c. Indirect Agriculture
d. Direct Agriculture
e. None of these
Q. Large amounts of cheques are processed byusing
a. OCR
b. MICR
c. OMR
d. All of these
e. None of these
Q. Which of the following cannot be called as aDebt Instrument as referred in financial transactions?
a. Certificate of Deposits
b. Bonds
c. Stocks
d. Commercial Papers
e. Loans
Q. What is the condition for a bank to be called a "Scheduled Bank" ?
a. Its business has to be crossed Rs. 1000 Cr mark
b. Its branch network should be over 100
c. It should be included in the second schedule of the RBI act
d. It should comply with all the above conditions
e. None of these
Q. A worldwide financial messaging network which exchange messages between banks and financial institutions is known as-
a. CHAPS
b. SWIFT
c. NEFT
d. SFMS
e. CHIPS