Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?
a. ING Vysya Bank
b. Karur Vysya Bank
c. Lakshmi Vilas Bank
d. Jammu and Kashmir Bank
e. Other than the given options
Q. Which of the following is an investment strategy in which a fund invests in other types of funds?
a. Bond
b. Securities
c. Stock
d. Funds of Fund
e. None of these
Q. Banks have started opening bio-metric ATMs now. Such ATMs will prove most beneficial for which of the following categories of customers ?
a. Govt. employees
b. HNIs
c. NRIs
d. Students
e. Illiterate people
Q. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
a. SBI
b. Punjab National Bank
c. Federal Bank
d. HSBC
e. Other than the given options
Q. Who has been appointed the interim Managing Director and CEO of India Post Payments Bank (IPPB)?
a. Seema Biswas
b. Nihar Gupta
c. S R Reddy
d. A P Singh
e. None of these
Q. Which of the following is the first universal bank of India?
a. HDFC
b. Axis Bank
c. ICICI
d. Federal Bank
e. None of these
Q. Which of the following bank headquarters not in New Delhi?
a. Oriental Bank of Commerce
b. Bank of India
c. Bhartiya Mahila Bank
d. Punjab & Sind Bank
e. None of these
Q. Ashwani Kumar is the MD and CEO of
a. Syndicate Bank
b. Canara Bank
c. Dena Bank
d. Indian Overseas Bank
e. None of these
Q. A cheque which is not crossed is called
a. Open cheque
b. Uncrossed cheque
c. Order cheque
d. Bearer cheque
e. None of these
Q. Banks has different interest rates for different loans products. To which rate are these interest rates linked?
a. RBI Administered rate
b. Prime lending rate
c. Base rate
d. Bank rate
e. None of these
Q. Loan of very small amounts given to lowincome groups is called ?
a. Cash credit
b. Micro credit
c. Simple overdraft
d. No frills loans
e. Rural credit
Q. Whose signature is found on a 50 rupee currency note in India?
a. President of India
b. Governor, RBI
c. Finance Minister
d. Prime Minister of India
e. Secretary, Ministry of Finance
Q. Central Depository Services Limited (CDSL), is the second Indian central securities depository based in?
a. New Delhi
b. Chennai
c. Hyderabad
d. Mumbai
e. Noida
Q. Banks allow some important customers to withdraw without clear credit balance. Such facility is known as:
a. Zero balance
b. Current Account
c. Overdraft
d. Demand draft
e. Promissory
Q. Educational for All Development Index isreleased by -
a. IMF
b. World Bank
c. UNO
d. WTO
e. Other than the given options