Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which one of the following banks gives long term loans to agriculture?
a. State co-operative bank
b. Commercial bank
c. Primary credit society
d. Land development bank
e. None of these
Q. The primary relationship between the banker and the customer is that of
a. Trustee and beneficiary
b. Debtor and creditor
c. Principal and agent
d. Lessor and lessee
e. None of these
Q. Where is the head quarter of Insurance Regulatory and Development Authority (IRDA)?
a. Hydrabad
b. Bangalore
c. Mumbai
d. Delhi
e. None of these
Q. The bank rate is the rate at which
a. A bank lends to the public
b. The RBI lends to the public
c. The RBI gives to the commercial banks
d. The government of India lends to other countries
e. None of these
Q. Who issues 'Commercial Papers'?
a. A Company to a Bank
b. Banks to Banks
c. Banks to Companies
d. Company to its suppliers
e. None of these
Q. What is the cost of credit expressed as a percentage on a yearly basis called?
a. APR
b. APY
c. WPI
d. Cannot be determined
e. None of these
Q. Who was the founder of Punjab National Bank?
a. Bal Gangadhar Tilak
b. Bhagat Singh
c. Bipin Chandra Pal
d. Lala Rajpat Rai
e. None of these
Q. CTC Stands for
a. Cheque truncation System
b. Cheque Transaction System
c. Cheque Transmission Service
d. Cheque Transport Service
e. None of these
Q. The phenomenon of a continuous decrease in prices of goods and services in the economy is, known as ?
a. Inflation
b. Deflation
c. Stagflation
d. Market crash
e. None of the Above
Q. The Headquarters of NHB located in
a. Chennai
b. Mumbai
c. New Delhi
d. Gurugram
e. None of the Above
Q. What is the full form of IPO?
a. Initial Private Offering
b. Initial Partnership Offering
c. Initial Public Offering
d. Interest Private offering
e. None of the above
Q. Which among the following does the RBI not decide?
a. SLR
b. CRR
c. Bank Rate
d. Base Rate
e. None of these
Q. Which of the following organizations is the Mutual Fund Market regulator?
a. CIBIL
b. MCX-SX
c. SEBI
d. National Stock Exchange of India
e. None of these
Q. Where is the head quarter of International monetary fund (IMF)?
a. London
b. New York
c. Washington DC
d. Paris
e. None of these