Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Which of the following will be the co-investor for India Aspiration Fund (IAF) and SIDBI Make In India Loan For Enterprises (SMILE),funds launched by SIDBI?
a. GIC
b. LIC
c. SBI Finance
d. Tech M
e. None of these
Q. Customer Day in the bank is on and customers are allowed to meet the top officials of the bank on this day in every month:
a. 5th
b. 10th
c. 15th
d. 30th
e. Any of the above dates
Q. Which of the following is the name of the organization specifically to develop small scale industrial sector in our country?
a. NABARD
b. SEBI
c. SIDBI
d. AMFI
e. None of the above
Q. Mutual Funds are regulated by
a. Reserve Bank of India
b. Securities and Exchange Board of India
c. Small industrial development bank of India
d. State Bank of India
e. None of these
Q. Which of the following types of ATMs eliminates the need for PIN early and authenticated customer transactions by thumb impressions.
a. while label ATMs
b. Biometric ATMs
c. On-site ATMs
d. Off-site ATMs
e. None of these
Q. Maximum age for retirement for MD/CEO of all private banks is
a. 70
b. 65
c. 60
d. 68
e. None of these
Q. The New Capital Adequacy Frame work prescribed for the banks is commonly known as?
a. KYC norms
b. Credit Policy
c. Basel accord
d. Fiscal Policy
e. None of these
Q. Regulatory Authority for Regional Rural Bank is of
a. RBI and NABARD
b. NABARD
c. RBI
d. Central bank
e. None of these
Q. Real Time Gross Settlement System means a payment system in which
a. both processing and final settlement of funds transfer instructions can take place continuously
b. final transaction takes place at the end of the day
c. final payment is physically effected within 24 hours
d. final settlement of funds take place at 3 PM daily
e. none of the above
Q. Which of the following banks is not nationalized in 1969
a. Central Bank of India
b. Dena Bank
c. Canara Bank
d. Oriental Bank of Commerce
e. None of these
Q. Effective from 15th April, 1980, how many banks with demand and time liabilities exceeding 200 crore were nationalized?
a. five
b. four
c. six
d. ten
e. None of these
Q. Which one of the following rates is not decided by RBI
a. Bank rate
b. Base rate
c. Repo rate
d. Prime Lending rate
e. None of these
Q. What does AGM stand for?
a. Asian General Meeting
b. American General Meeting
c. Academic General Meeting
d. Annual General Meeting
e. None of these
Q. What does CRR stand for?
a. Credit Reserve Ratio
b. Cost Advisory Ratio
c. Cash Reserve Ratio
d. Cash Revenue Ratio
e. None of these
Q. What does 'DD' stand for
a. Demand Cheque
b. Demand Credit
c. Demand Cash
d. Demand Draft
e. None of these