Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. The Chairman of SEBI is nominated by?
a. Union Finance Ministry
b. RBI
c. Government of India
d. All of these
e. None of these
Q. Banking services provided to Special Economic Zones(SEZ) units have been exempted from
a. Sales Tax
b. Securities Transaction Tax – STT.
c. Central Excise Duty
d. Service Tax
e. None of the Above
Q. What is the full form of forex?
a. Foreign Exemption
b. Foreign Exchange
c. Foreign Expert
d. Foreign Expansion
e. None of the above
Q. Stock Exchanges generally work in -
a. Primary Market
b. Secondary Market
c. Money Market
d. Financial Market
e. None of the above
Q. Loan of very sall amount given to low incomegroup is called-
a. Cash Credit
b. No Frill Credit
c. Rural Credit
d. Micro Credit
e. Simple Overdraft
Q. Increase in net RBI creit for central government represents-
a. Budgetary deficit
b. monetized deficit
c. Fiscal deficit
d. Revenue deficit
e. None of these
Q. Where is the head quarter of world Health organization (WHO)?
a. New York
b. Jineva
c. Peris
d. London
e. None of these
Q. Merchant banking in India is governed by:-
a. SEBI
b. RBI
c. IRDA
d. ministry of finance
e. None of these
Q. Which of the following agencies in India is responsible for computation of national income?
a. NCAER
b. CSO
c. NSS
d. RBI
e. None of the Above
Q. Currency Swap is an instrument to manage
a. currency risk
b. interest rate risk
c. currency and interest rate risk
d. cash flows in different currency
e. All of the above
Q. A bank's 'fixed deposit' is also referred to as a............?
a. term deposit
b. savings bank deposit
c. current deposit
d. demand deposit
e. home savings deposit
Q. CRAR stands for:
a. Capital to Risk (weighted) Assets Ratio
b. Credit Risk Account Ratio
c. Commercial Risk (weighted) Assets Ratio
d. Cross Research And Recession
e. None of these
Q. What is Repo Rate?
a. It is a rate at which RBI sells government securities to banks
b. It is a rate at which RBI buys government securities from banks
c. It is a rate at which RBI allows small loans in the market
d. All of these
e. None of these
Q. The minimum rate of Interest charged by a Bank from Customers on the loans is?
a. Base Rate
b. Bank rate
c. Prime Rate
d. Prime Lending Rate
e. None of these
Q. Bank advances of a Bank are called:
a. Bad debt
b. Book debt
c. Non performing Asset
d. Out of order accounts
e. Overdrawn accounts