Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which is the first Indian bank that started solely with Indian capital investment?
a. Canara Bank
b. Central Bank of India
c. Punjab National Bank
d. State Bank of India
e. None of these
Q. CRISIL is a .
a. Mutual Fund
b. Credit Rating Agency
c. Investment Bank
d. Share Depository
e. None of the above
Q. Which of the following is/are used in the loan approval processes?
a. Credit Information Report (CIR)
b. CIBIL TransUnion Score
c. Both(a) and (b)
d. STRIPS
e. None of these
Q. The Base rate of each bank is to be reviewedafter every
a. Quarter
b. Month
c. Year
d. Week
e. None of these
Q. Largest shareholder of a nationalized bankis:-
a. RBI
b. NABARD
c. Govt. of India
d. ministry of finance
e. none of these
Q. Which of the following is not a member of the World Bank Group?
a. International Bank of Reconstruction and Development
b. International Development Association
c. Bank of International Settlement
d. International Finance Corporation
e. None of these
Q. Which of the following types of cards is free from credit risk?
a. Credit card
b. Debit card
c. Prepaid cards
d. Charge cards
e. Both (c) and (d)
Q. Pledge means?
a. advance against goods
b. open working capital limits
c. bailment of goods as security for payment of a debt or performance of a promise
d. all of the above
e. none of these
Q. Inflation refers to a fall in the value of money. Which of the following is the key measure of inflation in india?
a. Consumer price index
b. Wholesale price index
c. Personal consumption expenditures price index
d. GDP Deflator
e. All of the above
Q. A financial contract that derives its value from another asset or an index of asset values in known as
a. Insurance policy
b. Security
c. Derivative
d. Share
e. None of the above
Q. Which of the following co-operative banks is considered as the first Co-operative Bank in India?
a. Amanath Co-operative Bank Ltd
b. Anyonya Co-operative Bank
c. Greater Bombay Co-operative Bank Ltd
d. Abhyudaya Co-operative Bank Ltd
e. None of these
Q. In India Agricultural Co-operative Banks was started at .
a. 1929
b. 1950
c. 1904
d. 1980
e. 1975
Q. Monetary Policy as an arm of the economic policy is administered by .
a. Prime Minister of India
b. Government of India
c. State Bank of India
d. Reserve Bank of India
e. None of these
Q. Co-Operative Development Bank was set up by .
a. NABARD
b. RBI
c. SBI
d. Central Government
e. State Government
Q. Co-Operative Banks in India do not finance rural areas under .
a. Personal Finance
b. Small Scale Unit
c. Farming
d. Cattle
e. None of these