Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:-
a. bearer
b. cross
c. order
d. All of the above
e. None of these
Q. The nature of convertibility of the Indian Economy is .
a. Convertibility at capital account
b. Convertibility at trade account
c. Free Convertible
d. Convertibility at current account
e. None of these
Q. SEBI is related to .
a. Bank
b. Government of India
c. Share Market
d. State Government
e. None of the above
Q. Foreign Currency which has a tendency of quick migration is called-
a. Fiat Currency
b. Soft Currency
c. Token Currency
d. Hot Currency
e. None of the above
Q. Current deposits are also known as
a. Time Deposits
b. Demand Deposits
c. Recurring Deposits
d. Fixed Deposits
e. None of these
Q. What does CRISIL stand for?
a. Credit Rating and Industrial Services of Limited
b. Cash Rating and Industrial Services of India Limited
c. Credit Rating and Investment Services of India Limited
d. Currency Rating and Investment Services of India Limited
e. None of these
Q. The word "Code Sharing" is most used in which of the following industries?
a. Information Technology
b. Defense Industry
c. Nuclear Industry
d. Air Transport Industry
e. None of these
Q. Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance ?
a. 5%
b. 7%
c. 10%
d. 15%
e. None of these
Q. Expand NPD?
a. Net Primary Deficit
b. Non Primary Deficit
c. Non Performing Deficit
d. Net Present Deficit
e. None of these
Q. Where is National Institute of Bank Management (NIBM) located?
a. Nasik
b. Mumbai
c. Pune
d. New Delhi
e. None of these
Q. India has emerged as the world‘s largest startup base, according to a new report by Nasscom
a. Fifth
b. Seventh
c. First
d. Third
e. None of these
Q. The RBI has authorized the Receivables Exchange of India (RXIL) to launch the country‘s first trade receivables exchange platform for MEMEs buyers and financiers. The RXIL is promoted by
a. SIDBI
b. NSE
c. BSE
d. NABARD
e. Both a) and b)
Q. When a corporate entity wishes to raise money from the market it can do that by issuing .
a. Commercial Papers
b. Treasury Bills
c. KisanVikas Patra
d. National Savings Certificates
e. None of the above
Q. The new Indian Currency Note of Rs. 2000denomination will have an image of:
a. Taj Mahal
b. Red Fort
c. Qutb Minar
d. Mangalyaan
e. None of these
Q. Which of the following agencies/organizations has decided to make major changes of ULIPs?
a. IRDA
b. RBI
c. AMFI
d. FRBI
e. None