Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Mohammad yunnus, who has been awarded Nobel peace prize in 2006, is a citizen of
a. Bangladesh
b. Iran
c. Malaysia
d. Pakistan
e. None of these
Q. Which of the following is not a banking related term?
a. Outstanding amount
b. Explicit guarantee
c. Creditor
d. Radiation
e. None of these
Q. Insurances service provided by various bank is commonly known as:
a. Investment banking
b. Portfolio management
c. Merchant banking
d. Banc assurance
e. None of these
Q. In India, the bank NABARD does not providerefinance to:
a. Scheduled commercial banks
b. Regional rural banks
c. State land development banks
d. Export-import bank
e. None of these
Q. Which is the highest bank in the banking structure of India?
a. SBI
b. Central bank of India
c. Industrial Development bank of India
d. RBI
e. None of these
Q. Which of the following payment instrument introduced by the banks is known as plastic money?
a. Bearer Cheques
b. Credit Cards
c. Demand Drafts
d. Gift cheques
e. None of these
Q. Which one of the following is a private bank?
a. Allahabad bank
b. Punjab and Sind bank
c. Punjab National Bank
d. Punjab Bank
e. None of these
Q. Which of the following pairs is not correctly matched?
a. SEBI … Security Market regulatory body
b. RBI … Banking regulatory authority
c. SBI … Commercial bank
d. IDBI … World bank
e. None of these
Q. In banking, CORE stands for .
a. Centralized Online Real-Time Exchange
b. Centre for Online Real Exchange
c. Centralized Online Real Time Express
d. Centre for Online Real Express
e. None of these
Q. received Reserve Bank of India (RBI)‘s permission to open its first international branch in Dubai. ?
a. Federal Bank
b. Axis Bank
c. HDFC Bank
d. ICICI Bank
e. None of These
Q. Monetary Policy as an arm of the economic policy is administered by
a. Government of India
b. Reserve Bank of India
c. State Bank of India
d. Governments of the respective states
e. None of these
Q. The appointments of Banking Ombudsman will be carried out by which of the following?
a. Finance Ministry
b. RBI
c. Govt. of India
d. SEBI
e. None of these
Q. India‘s first banking robot Lakshmi launched by in Chennai (Tamil Nadu).Lakshmi will be first onsite huamanoid (robot) in India ?
a. ICICI Bank
b. City Union Bank
c. South Indian Bank
d. Axis Bank
e. None of These
Q. When Banks accept a fixed sum of money from an individual for a definite term and pay on Maturity with interest, the deposit is known as
a. Demand Deposit
b. term Deposit
c. mortgage
d. Advances
e. bond
Q. Regional Rural Banks are sponsored by
a. Nationalised Commercial Bank
b. Reserve Bank of India
c. State Bank of India
d. Government of India
e. None of these