Top 1000+ Solved Banking Awareness MCQ Questions Answer

From 1036 to 1050 of 1383

Q. Which of the following can be used to check the authenticity of the Certificate?

a. Unique Identification Number

b. Account Number

c. PAN Number

d. All of the above

e. None of these

  • a. Unique Identification Number

Q. The BFS's board member are appointed for term of :

a. 2 years

b. 3 years

c. 4 years

d. None of These

e. All of these

  • a. 2 years

Q. Which of the following is correct:

a. Reserve Bank of India Act, 1935

b. Reserve Bank of India Act, 1934

c. Reserve Bank of India Act, 1930

d. All of these

e. None of These

  • b. Reserve Bank of India Act, 1934

Q. Which is not an Associate Bank of SBI?

a. State Bank of Bikaner & Jaipur

b. State Bank of Travancore

c. State Bank of Mysore

d. State Bank of Rajasthan

e. None of the given options is true

  • d. State Bank of Rajasthan

Q. The merchant banking activity in India is governed by            

a. RBI

b. SEBI

c. IRDA

d. Both (a) and (c)

e. None of these

  • b. SEBI

Q. Which was the first bank to introduce creditcard in India?

a. Canara Bank

b. Central Bank of India

c. Bank of Baroda

d. ICICI Bank

e. None of these

  • b. Central Bank of India

Q. Which of the following maintains the RIDF (Rural Infrastructure Development Fund) ?

a. RBI

b. IDBI

c. SIDBI

d. NABARD

e. None of these

  • d. NABARD

Q. Which of the following bank headquarters located in Bangalore?

a. Vijaya Bank

b. Corporation Bank

c. Karnataka Bank

d. All of the above

e. None of these

  • a. Vijaya Bank

Q. It is a tax which is levied at the same rate all income levels.

a. Progressive Tax

b. Regressive Tax

c. Proportional Tax

d. Sales Tax

e. None of these

  • c. Proportional Tax

Q. Which of the following is important part of National Pension System (NPS)?

a. Asset allocation

b. Tax collection

c. Fund management

d. Both (a) and (c)

e. Both (b) and (c)

  • d. Both (a) and (c)

Q. Cash reserve ratio is the deposit to be held by banks with Reserve Bank of India

a. Voluntary

b. Mandatory

c. Optional

d. As decided by the chairman and managing director

e. None of these

  • b. Mandatory

Q. In which year Statutory Liquidity ratio was first imposed on banks?

a. 1949

b. 1951

c. 1955

d. 1968

e. None of these

  • a. 1949

Q. illustrates the financial position of a bank at a given point of time

a. Ledger account

b. Balance sheet

c. Cash flow statement

d. Income statement

e. None of these

  • b. Balance sheet

Q. Who is the present Managing Director (MD)& Chief Executive Officer (CEO) of National Housing Bank (NHB)?

a. Sriram Kalyanaraman

b. Harsh Kumar Bhanwala

c. Kshatrapati Shivaji

d. Yaduvendra Mathur

e. Upendra Kumar Sinha

  • a. Sriram Kalyanaraman

Q. Tarapore Committee submitted its report on "Full Convertibility on Rupee" in-

a. Americal Depository Receipt

b. Current Account

c. Capital Account

d. None of these

e. All of these

  • c. Capital Account
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