Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Bank draft is a
a. letter from the bank
b. cheque which a bank draws itself
c. Instruction to a banker to collect a customer’s debt.
d. Instruction not to honor a stop payment
e. Other than the given options
Q. Which of the following is not the part of the scheduled banking structure in India?
a. Money Lenders
b. Public Sector Banks
c. Regional Rural Banks
d. Private Sector Banks.
e. None of these
Q. Which of the following rates signals the RBI‘s long-term outlook on interest rates?
a. Repo Rate(RR)
b. Reverse Repo Rate (RRR)
c. Bank Rate (BR)
d. Statutory Liquidity Ratio (SLR)
e. Cash Reserve Ratio (CRR)
Q. Which of the following agencies maintain RIDF (Rural Infrastructure development Fund) ?
a. Ministry of Rural Development
b. Reserve Bank of India
c. NABARD
d. SIDBI
e. None of these
Q. What is the Statutory Liquidity Ratio (SLR) on January 02 2017?
a. 20.75%
b. 21.75%
c. 20.50%
d. 21.50%
e. None of these
Q. A tradition of trust is the tagline of
a. Bank of Maharashtra
b. Syndicate Bank
c. Allahabad Bank
d. Andra Bank
e. None of these
Q. Banks located in jurisdictions with low taxation and regulation is known as
a. Private Banks
b. Offshore banks
c. Community Development Bank
d. All of these
e. None of these
Q. Where are the headquarters of EFTA located?
a. Geneva
b. Brussels
c. Stockholm
d. Vienna
e. None of these
Q. An EEFC account can be held only in the formof
a. Savings Bank Account
b. Deposit Account
c. Current Account
d. Both (b) and (c)
e. None of the Above
Q. The Rate at which the domestic currency canbe converted into foreign currency and vice versa is called as
a. Inter Bank Money Rate
b. LIBOR
c. Repo Rate
d. Exchange rate
e. None of these
Q. MD and CEO of Canara Bank is
a. P S Jayakumar
b. Kishore Piraji Kharat
c. Rakesh Sharma
d. Usha Ananthasubramanian
e. None of these
Q. Which bank has deployed humanoid/mobilerobot named IRA (Intelligent Robotic Assistant) in one of its branch to help branch staff in servicing customers?
a. HDFC Bank
b. ICICI Bank
c. Yes Bank
d. IDFC Bank
e. None of these
Q. is an account maintained in foreign currency with an Authorised Dealer Bank.
a. Exchange Earners’Foreign Currency Account
b. Exchange Eligible Foreign Currency Account
c. Earners’ Eligible Foreign Currency Account
d. Earners’ Exchange Foreign Currency Account
e. Equity Exchange Foreign Currency Account
Q. Which bank launched home loan overdraftfacility for salaried customers?
a. State bank of India
b. ICICI bank
c. Axis Bank
d. HDFC Bank
e. None of these
Q. Which of the following allowed Non-ResidentIndians (NRI) to subscribe to NPS?
a. SEBI
b. EXIM Bank
c. GOI
d. RBI
e. None of these