Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. When was the Indian Mercantile Insurance established?
a. IDBI bank
b. HDFC bank
c. SBI
d. Punjab national bank
e. None of these
Q. The banks are required to maintain certain ratio between their cash in hand and total assets.This is called
a. SLR
b. SBR
c. CBR
d. CRR
e. None of these
Q. Which one of the following statements iscorrect regarding increase in the CRR in India?
a. It increases credit creation
b. It reduces credit creation
c. It does not affect credit
d. It denoted liberal monetary policy
e. None of these
Q. Foreign Trade Policy is Framed by :
a. RBI
b. EXIM Bank
c. DGFT
d. Ministry of Commerce, Government of India.
e. None of these
Q. The rate at which banks borrows from the RBI is called
a. SLR
b. Repo Rate
c. Reverse repo rate
d. Bank rate
e. None of these
Q. Who is having the major stakes in NABARD?
a. RBI
b. Central Government
c. SBI
d. Ministry of Finance
e. None of these
Q. The minimum acceptable amount under the Scheme of Certificate of eposit is ?
a. Rs. 1 lakhs
b. Rs. 25 lakhs
c. Rs. 20 lakhs
d. Rs. 25 lakhs
e. None of the above
Q. Demand deposits mean ?
a. Deposits withdrawable on demand by the depositor
b. Current deposits
c. Fixed deposits
d. Short deposits
e. None of the above
Q. Who is the chairman of Bharatiya Mahila Bank?
a. Ranjana Paintal
b. Indira Talwani
c. Usha Ananthasubramanian
d. Krishnan Nair
e. Ranjit Kumar
Q. The Head of Reserve Bank of India is?
a. Chief Executive Officer
b. Managing Director
c. Chief Banking Officer
d. Governor
e. Other than the given options
Q. In Banking terminology, NPA means
a. Non-Promise Account
b. Non-Personal Account
c. Non-Performing Asset
d. Net-performing Asset
e. None of these
Q. Asian Development bank is a regional development bank established in :
a. 1949
b. 1953
c. 1966
d. 1969
e. 1975
Q. Which bank in India performs duties of Central Bank?
a. Central Bank of India
b. SBI
c. Both A and B
d. RBI
e. None of these