Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. To restrict expansion of credit, the Reserve Bank
a. raises the bank rate
b. reduces the bank rate
c. freezes the bank rate
d. none of these
e. all of these
Q. How many types of PSLCs can be issued by the Banks?
a. Four
b. Five
c. Six
d. Eight
e. None of these
Q. Which of the following is included in bancassurance?
a. Insurance policies issued by the banks in their names
b. Selling by a bank the insurance policies of its ancillary insurance company
c. Selling by a bank the insurance policies of any insurance company
d. All the above
e. None of the above
Q. What is the loan limit for education in the country under priority sector?
a. 15 lakh
b. 10 lakh
c. 8 lakh
d. 20 lakh
e. None of these
Q. To control inflationary situation in the economy, RBI can increase one or more of these monetary tool?
a. Crr-Slr-Bank Rate
b. Slr-Crr-Base Rate
c. Crr-Slr-Repo Rate
d. Crr-Slr-Reverse Repo Rate
e. Crr-Slr-Benchmarking Plr.
Q. How many sub-categories are classified underAgriculture sector?
a. Four
b. Five
c. Six
d. Three
e. None
Q. Which among the following is/are the different type(s) of category under priority sector?
a. Agriculture
b. Micro, Small and Medium Enterprises
c. Export Credit
d. All of the Above
e. None of these
Q. Which amongst the following is called as mother of deposits?
a. Current account
b. fixed deposit
c. recurring deposit
d. savings bank
e. reinvestment deposit
Q. The Priority Sector Lending Certificates (PSLCs) can be traded using the RBI‘s
a. e-Kuber platform.
b. NEFT
c. RTGS
d. None of the above
e. Cannot be determined
Q. Loan given by the banks to farmers/small shop owners etc. is known as
a. Corporate loan
b. Business loan
c. Priority Loan
d. Commercial Loan
e. None of the above
Q. Which of the following is the Statutory Liquidity ratio (SLR), at present?
a. 10%
b. 21.5%
c. 20.50%
d. 24%
e. 33%
Q. Which among the following years, the BFS was constituted?
a. November 1969
b. November 1956
c. November 1949
d. November 1982
e. November 1994
Q. BFS stands for-
a. Board for First Supervision
b. Bureau for Financial Supervision
c. Board for Financial Supervision
d. Board for Financial System
e. Board for Financial Service
Q. The logo of Bank of Baroda is known as—
a. Sun of Bank of Baroda
b. Baroda Sun
c. Bank of Baroda’s Rays
d. Sunlight of Bank of Baroda
e. None of these
Q. Government of India to issue a notificationbody to pay interest on inoperative PF accounts
a. 5.4%
b. 6.5%
c. 7.7%
d. 8.8%
e. None of these