Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. In which year does the RBI has introduced the Banking Ombudsman Scheme?
a. 2000
b. 1993
c. 1995
d. 1989
e. None of these
Q. Largest shareholder (in percentage shareholding) of a nationalized bank is.
a. RBI
b. NABARD
c. LICI
d. Govt. of India
e. IBA
Q. In National Pension System(NPS), PRA Stands for?
a. Pension Retirement Account
b. Personal Recurring Account
c. Provident Retirement Account
d. Pension Recurring Account
e. Personal Retirement Account
Q. Which of the following is a measure taken by Reserve Bank of India to control inflation in our country?
a. Increase in CRR
b. Increase in SLR
c. Contraction of supply of currency
d. Raising of Repo / Reverse Repo Rate
e. Decrease the SLR
Q. The maximum Statutory Liquidity Ratio to be maintained by banks is
a. 25%
b. 30%
c. 35%
d. 40%
e. None of these
Q. Which of the following is Annuity ServiceProvider?
a. Life Insurance Companies
b. Public Sector Banks
c. Private Sector Banks
d. NBFCs
e. None of these
Q. Insurance cover for bank deposits in our country is provided by.
a. SBI
b. Govt. of India
c. GIC
d. UCI
e. DICGC
Q. Headquarters of Dhanlaxmi Bank located in
a. Kerala
b. Karnataka
c. Tamil Nadu
d. Andhra Pradesh
e. None of these
Q. National Insurance Academy located in .
a. Chennai
b. Calcutta
c. Pune
d. Hyderabad
e. None of these
Q. In banking terminology bad loans refer to ------------------.
a. Bad debts
b. Non performing assets
c. underwritting assests
d. Fictitious assests
e. None of these
Q. Who is issuing license to perform insurance business by banks
a. RBI
b. IRDA
c. SEBI
d. Central government
e. LIC
Q. India Millennium deposit Scheme was introduced by .
a. ICICI
b. SBI
c. Axis
d. IOB
e. None of these
Q. The bank conducts Government business as an agent of
a. Union and state Government
b. Reserve Bank of India
c. State Bank of India
d. SIDBI
e. None of these
Q. What is the money, which was acceptedtemporary in lieu of gold?
a. Plastic Money
b. Commodity Money
c. Currency Money
d. Fiat Money
e. None of these
Q. Which of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?
a. Current Account
b. No-frills Account
c. Fixed Deposit Bank Account
d. Students Savings Bank Account
e. None of these