Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which of the following is the first commercialbank ?
a. State bank of India
b. Oudh Commercial Bank
c. Union Bank of India
d. Indian Bank
e. None of the above
Q. Bitcoin is a_ .
a. Term used in share market
b. Payment system
c. Intranet Service Provider
d. Internet Service Provider
e. None of these
Q. Financial institution that does not supervised by a national or international banking regulatory agency?
a. NBFI
b. IDBI
c. ICICI
d. Reserve Bank of India
e. None of these
Q. In banking the term DTL refers to;
a. Detail time limit.
b. Demand and time limit.
c. Demand and time liabilities.
d. All of the above
e. None of thes
Q. NABARD Bank for Agriculture and Rural Development was established in
a. 1979
b. 1980
c. 1981
d. 1982
e. 1983
Q. Drawee in the bank cheque is
a. Who receive the cheques
b. Who rejects the payment of cheques
c. Who encash the cheques
d. The banker
e. None of these
Q. First Multi-currency international Debit Cards are issued in India by .
a. ICICI Bank
b. State Bank of India
c. Axis Bank
d. Indian Bank
e. None of these
Q. Which was the first bank to set up talkingATM in India?
a. State Bank of India
b. Punjab National Bank
c. Union Bank OF India
d. Axis Bank
e. None of these
Q. Current accounts are meant and useful for ?
a. Investment purposes
b. Identity purposes
c. Savings purposes
d. Day-to-day business needs
e. Operational convenience
Q. CBS stand for?
a. Centralised banking system
b. Computer based Solution
c. Core banking Solution
d. Customised banking Solution
e. None of the Above
Q. Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
a. Royal Commission
b. Hilton Young Commission
c. Dantwala Committee
d. D R Mehta Commission
e. None of these
Q. An average citizen cannot a savings account in which of the following?
a. Commercial Bank
b. Post office
c. Cooperative bank
d. RBI
e. None of these
Q. Financial inclusion is meant for -
a. Less privileged persons
b. Senior citizens
c. Micro finance institutions
d. All the above
e. None of these
Q. Euro money is the official currency of -
a. NATO
b. UN
c. European Union
d. Germany and England
e. None of these
Q. When Repo rate is reduced by RBI, it leads to
a. reduction of cost to borrowers on loans from banks
b. increase in cost of loans to borrowers from banks
c. reduction in cost of borrowing by banks from RBI
d. increase in cost of borrowing by banks from RBI
e. None of these