Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which bank has launched "travel card" for students joinnig abrod?
a. ICICI
b. HSBC
c. SBI
d. HDFC
e. PNB
Q. How many banks are presently associated of State Bank of India?
a. Eight
b. Seven
c. Six
d. Five
e. Four
Q. If a bank is unable to refund the short termdeposits as funds are locked in long term loans, it involves?
a. Interest Rate Risk
b. Operational Risk
c. Liquidity Risk
d. Market Risk
e. Other than the given options
Q. If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the-
a. Loan Applications Received and Disposal Register
b. Opinion Reports
c. Loan Rejection Register
d. All of the above
e. Other than the given options
Q. Escrow account is useful/helpful to-
a. importers
b. exporters
c. people
d. Assets
e. Other than the given options
Q. The Head Office of which of the following banks is in Mumbai?
a. Punjab National Bank
b. Bank of Maharashtra
c. UCO Bank
d. Union Bank of India
e. None of the above
Q. Which of the following state shows the fastest growth in expanding Micro Finance business in the country?
a. Gujarat
b. Andhra Pradesh
c. Maharashtra
d. Karnataka
e. None of the above
Q. On the basis of recommendations of which of the following committees NABARD was established?
a. Shunglu Committee
b. Shivaraman Committee
c. Narshimhan Committee
d. Public Accounts Committee
e. None of the above
Q. Each Regional Rural Bank is managed by ?
a. Board of Directors
b. Reserve Bank
c. Sponsoring commercial bank
d. None of the above
e. None of these
Q. Under which of the following methods of note-issue the RBI issues notes?
a. Fixed Fiduciary System
b. Maximum Fiduciary System
c. Minimum Reserve System
d. Proportional Reserve System
e. None of the Above
Q. Which of the following is the slogan of CIBIL?
a. Empowering Banks
b. Empowering Women
c. Empowering India
d. Empowering you
e. None of the Above
Q. Which of the following provides license to a credit bureau?
a. SEBI
b. SIDBI
c. NABARD
d. RBI
e. GOI
Q. The Reserve Bank of India will transfer its surplus profit of 65,896 crore rupees to the Centre. This amount is percent higher than previous year.
a. 5%
b. 19%
c. 25%
d. 33%
e. None of these
Q. On a Cheque instead of two parallel lines only bank‘s name is written is known as
a. Payable to bearer
b. General Crossing
c. Special Crossing
d. Both (b) and (c)
e. None of the Above
Q. What is the most powerful tool used by the Reserve Bank of India to control inflation?
a. Raise interest rates
b. Raise current supply
c. Reduce current supply
d. Reduce interest rates
e. None of these