Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. NEFT and RTGS in banking terminology speak of
a. Various deposit products
b. Various loan products
c. Electronic payment products within a bank
d. Electronic fund transfer from bank to bank
e. Cheque transaction process
Q. Which of the following is a risk free Instrument?
a. G-Sec
b. Equity Shares
c. Debentures
d. Fixed Deposits
e. None of these
Q. Headquarters of Asian Development Bank in
a. Mandaluyong, Philippines
b. New Delhi, India
c. Beijing, China
d. Washington, D.C., USA
e. None of these
Q. Which one of the following is the directive given to the government of India in the financial stability report submitted to it?
a. To reduce fiscal deficit
b. To ensure GDP growth
c. To reduce revenue deficit
d. Focus on financial consistency
e. None of these
Q. The sponsor bank of Ellaquai Dehati Bank is?
a. IOB
b. State Bank of Mysore
c. Indian Bank
d. SBI
e. State Bank of Patiala
Q. The sponsor bank of Pallavan Grama Bank is?
a. IOB
b. OBC
c. Indian Bank
d. Union Bank of India
e. United Bank of India
Q. Presently which Indian bank has the largest number of foreign branches?
a. SBI
b. Canara Bank
c. Bank of Baroda
d. Bank of India
e. None of the above
Q. Which of the following groups suffer the mostfrom inflation
a. Debtors
b. Creditors
c. Business class
d. Holders of real assets
e. None of these
Q. Currency notes issued by RBI are fully covered by:
a. Approved assets,
b. Gold
c. Foreign exchange
d. All of these
e. None of the above
Q. An unbanked customer can initiate IMPS transaction using the services of .
a. PPI
b. PCI
c. PFI
d. PDI
e. None of the Above
Q. Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by
a. Asian Development Bank
b. Reserve Bank of India
c. World Bank
d. International Monetary Fund
e. None of these
Q. Invisible export means export of .
a. Services
b. Prohibited goods
c. Unrecorded goods
d. Goods through smuggling
e. None of these
Q. The Reserve Bank of India does NOT decide the
a. Rate of Repo and Reserve Repo
b. Marginal standing Facility Rates
c. Bank Rate
d. Rate of Dearness Allowance for Government Employees
e. Statutory Liquidity Ratio
Q. A banking system where all operations are confined to a single office is known as
a. Unit Banking
b. Group Banking
c. Chain Banking
d. Branch Banking
e. None of these
Q. Raising or lowering of the central bankdiscount rate is known as
a. Bank rate policy
b. Open Market Operation
c. Cash Reserve Ratio
d. None of these
e. None of these