Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which is the first Indian company to be listedin NASDAQ ?
a. Reliance
b. TCS
c. HCL
d. Infosys
e. None of these
Q. Loans of very small amount given to lowincome group is called-
a. Cash Credit
b. No Frill Credit
c. Rural Credit
d. Micro Credit
e. Simple Overdraft
Q. Bank rate implies the rate of interest-
a. Charges by banks on loans and advances
b. Paid by the RBI on the deposits if commercial banks
c. Payable on bonds
d. At which the RBI discounts the Bill of Exchange
e. None of these
Q. What do you mean by Mortgage?
a. A security created on immovable property for a deposit received by a bank
b. A security created on immovable property for a loan given by a bank
c. A facility created on movable property for a deposit received by a bank
d. A security created on movable property for a loan given by a bank
e. None of the above
Q. The Bank of Calcutta, Bank of Bombay andBank of Madras were merged in 1921 to form
a. Reserve Bank of India
b. Imperial Bank of India
c. Bank of India
d. Union Bank of
e. None of these
Q. Monetary Policy of RBI does not include ?
a. Control the supply of Money
b. Reduction of taxes
c. Fixation of rate of interest (least in some categories)
d. Fixation of Repo rate and Reverse Repo rate
e. Fixation of Cash
Q. If the RBI increase reverse repo rate, consequently
a. Banks will have less money to lend
b. Banks will have more money to lend
c. Banks will decrease interest rates
d. Liquidity in the economy will increase
e. None of these
Q. If the stock markets are declining then it is called as .
a. Bull run
b. Down run
c. Bear run
d. Stage
e. None of these
Q. What is the full form of FCCB?
a. Foreign Currency convertible Bond
b. Foreign Currency credit Bond
c. Financial Consortium and Credit Bureau
d. Future Credit and Currency Bureau
e. None of the Above
Q. Which of the following institutions is responsible for the supervision of RRBs?
a. RBI
b. SEBI
c. NABARD
d. GOI
e. Both (a) and (c)
Q. RBS Bank has been headquartered in
a. Glasgow, United Kingdom
b. Edinburgh, United Kingdom
c. Skye, United Kingdom
d. Aberdeen, United Kingdom
e. None of these
Q. National Housing Bank (NHB), a wholly owned subsidiary of
a. RBI
b. Government Of India
c. IRDAI
d. State Government
e. None of these
Q. In India Mutual Funds are regulated by .
a. Securities and Exchange Board of India
b. Reserve Bank of India
c. State Bank of India
d. Small Industrial Development Bank of India
e. None of these
Q. MICR stands for .
a. Magnetic Ink Character Recognition
b. Maximum Individual Cancer Risk
c. Michigan Incident Crime Reporting
d. Magnetic Ink Check Reader
e. None of these