Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. The maturity period of recently introduced Gold Bonds is –
a. 3 years
b. 5 years
c. 8 years
d. 12 years
e. None of these
Q. Slogan of Indian Bank ?
a. You can always bank on us
b. Where every individual is committed
c. Good people to bank with
d. Your Tech – Friendly Bank
e. None of these
Q. Corporation Bank is a public sector banking company headquartered in..........?
a. Kolkata
b. Chennai
c. Bengaluru
d. Mangalore
e. Mumbai
Q. The head of the SBI is designated as:
a. Executive director
b. Governor
c. Deputy Governor
d. Chairman
e. None of these
Q. Bill of lading is a :
a. Negotiable Instrument
b. Non- negotiable Instrument
c. Quasi-Negotiable Instrument
d. All of the above
e. None of the above
Q. What is true about 'white Card ":
a. It is related to companies producing milk products
b. It does not carry on its face, the brand of the issuer
c. It is meant to covert money into the economy
d. All of the above
e. None of the above
Q. Balance in a current account is classified as –
a. Hybrid deposit
b. Term deposit
c. Demand deposit
d. Flexi deposit
e. None of these
Q. Which of the following forms of securing a loans is the safest one?
a. Line
b. Assignment
c. Pledge
d. Hypothecation
e. Mortgage
Q. Which of the following bodies regulates the Regional Rural Banks?
a. RBI
b. NABARD
c. Department of Rural Development
d. State Government
e. SIDBI
Q. In India, Micro finance development and Equity fund is maintained by-
a. Small industries development Bank of India(SIDBI).
b. RBI(Reserve bank of India).
c. Nabard(National bank for Agriculture and rural development).
d. CII(Confederation of industries in India).
e. None of these
Q. Payment of a cheque cannot be made on acash counter of the bank if the cheque is:-
a. bearer
b. cross
c. order
d. all of the above.
e. None of these
Q. What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty?
a. Savings bank deposit
b. Term deposit
c. Recurring deposit
d. Current deposit
e. None of these
Q. The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the
a. NABARD
b. SBI
c. EXIM bank
d. SIDBI
e. Other than those given as options
Q. Service Area Approach (SAA) is associated With?
a. Development banks
b. Branches of commercial banks situated in metro cities
c. Urban branches of commercial banks
d. Rural and Semi-urban branches of commercial banks
e. None of these
Q. The credit policy of a bank does not consists of?
a. Quality control
b. Advertising of loan products
c. Loan product mix
d. Lending policies
e. None of these