Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. RBI permitted CBS-enabled Cooperative Banks to issue ATM cards in tie-up with:
a. State Bank of India
b. a sponsor bank
c. NABARD
d. Any Nationalised Bank
e. None
Q. Working capital requirement depends upon ?
a. Level of activity
b. Nature of Production cycle
c. Types of business carried
d. All the above
e. None
Q. Who headed the RBI panel that has submitted its report titled 'Data Format for Furnishing of Credit Information to Credit Information Companies'.
a. Urjit Patel
b. Aditya Puri
c. R.Gandhi
d. A.K.Sharma
e. None
Q. After the recommendations of which of the following committee the Regional Rural Banks were setup?
a. Sarayya Committee
b. Kapoor Committee
c. Narasimhan Committee
d. Rangarajan Committee
e. None
Q. The Bank for International Settlements (BIS)which provides the Banking supervision accords is located in which country
a. England
b. USA
c. France
d. Switzerland
e. None
Q. The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of
a. Rs.1,00,000/-
b. Rs.25,000/-
c. Rs.50,000/-
d. Rs.75,000/-
e. None
Q. The Centre will over the next four years infuse how many crore rupees into the state-owned banks ?
a. Rs. 70,000 crore
b. Rs. 80,000 crore
c. Rs. 90,000 crore
d. Rs. 65,000 crore
e. None
Q. is the regulatory authority for Mutual funds:
a. IRDA
b. Ministry of Corporate affairs
c. RBI
d. SEBI
e. None
Q. In the field of banking, what does ADF stand for?
a. Additional Dearness Allowance
b. Automated Data Flow
c. Additional Deposit Allowance
d. Automated Deposit Allowance
e. None of the Above
Q. A financial contract that derives its value from another asset or an index of asset values is known as
a. Insurance Policy
b. Security
c. Derivative
d. Share
e. None of the above
Q. Central Bank ofa county is also known as the-
a. Federal bank
b. Chief Commercial Bank
c. Banker of banks
d. Lead Bank
e. None of these
Q. What is meant by a stale cheque?
a. A cheque which is lost or stolen
b. A cheque which is more than three months old from the date of the cheque
c. A cheque which is defaced/ mutilated
d. A cheque from an account which is closed
e. None of these
Q. The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act as present is not applicable to
a. Public sector banks
b. Private banks
c. Non- banking financial companies
d. Financial institutes of the government
e. None of these
Q. Which bank has installed world‘s first ATM
a. City Bank
b. Royal Bank of Scotland
c. Barclays
d. HSBC
e. none of these