Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Name the person Currently who is the Governor of the RBI ?
a. Bimal Jalan
b. Y.V. Reddy
c. Arun Jaitley
d. Urjit R. Patel
e. None of the above
Q. Which of the following appears in the balance sheet of a company?
a. Subscribed Capital
b. Authorized Capital
c. Partner’s Capital
d. Paid up Capital
e. None of these
Q. Cash Reserve Ratio (CRR) is to be maintained on Net Demand and Time Liabilities (NDTL). SLR is thus required to be maintained on ?
a. Total Demand and Time Liabilities
b. Net Demand and Time Liabilities
c. Total Demand and Time Assets
d. Net Demand and Time Asset
e. None of the above
Q. What does M stand for In CAMELS?
a. Maintenance
b. Management
c. Misappropriation
d. Money
e. None of these
Q. CASA is basically the combination of Current account and saving account deposits with a Bank. Why do the Banks put greater emphasis on mobilizing a high CASA ratio?
a. In order to fulfill RBI stipulation for it
b. It helps reduction in average cost of funds
c. These are stable deposits
d. These help Banks maintain a healthy asset- liability ratio
e. None of the Above
Q. The main foreign exchange reserves in the country are:
a. Foreign Currency assets
b. Gold Stock
c. Special Drawing Rights
d. All of the above
e. None of these
Q. is the duty applied by agovernment to control the exports of an article of trade, so that the article of trade can be used by the local markets rather than in foreign countries.
a. Customs duty
b. Excise duty
c. Anti-dumping duty
d. Dumping duty
e. None of these
Q. Which of the following fall under the qualitative method of credit control adopted by the Reserve bank of India?
a. Selective credit control
b. Moral suasion
c. Credit authorization scheme
d. All the above
e. None of these
Q. The treasury bills are issued at a
a. Discount
b. Premium
c. Both a) and b)
d. Face value
e. None of these
Q. Under which category will you classify Regional Rural Bank?
a. Scheduled Commercial Banks
b. Co-operative Banks
c. Private sector Banks
d. Development Banks
e. None of these
Q. What does FSDC stand for?
a. Financial Security and Development Council
b. Financial Stability and Development Council
c. Fiscal Security and Development Council
d. Fiscal Stability and Development Council
e. None of these
Q. The Headquarter of Bank of India is located in which of the following city?
a. Kolkata
b. New Delhi
c. Mumbai
d. Manipal
e. Chennai
Q. Indian paper currency is minted in Mysore and also in ?
a. Kolkata
b. Chennai
c. Bengaluru
d. Nasik
e. Delhi