Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Maximum age for retirement for MD/CEO of all private banks is
a. 60 years
b. 65 years
c. 70 years
d. 75 years
e. None of these
Q. is the macroeconomic policy laid down by the central bank.
a. Monetary Policy
b. Fiscal Policy
c. Credit Score
d. Credit Bureaus
e. None of these
Q. Urban cooperative banks are controlled by and
a. State government – RBI
b. NABARD – RBI
c. SEBI – RBI
d. Central government – NABARD
e. NABARD – state governments
Q. The Co-operative bank is governed by the banking regulation Act 1949 and co-operative societies Act of
a. 1963
b. 1965
c. 1975
d. 1961
e. None of these
Q. Which commission distributes the taxes between center and states?
a. Finance Commission
b. NITI Ayog
c. SEBI
d. NABARD
e. None of these
Q. Money market is a market for debt securities that pay off in the short term………..
a. Usually less than two years.
b. Usually less than three years.
c. Usually less than one year.
d. Usually less than five years.
e. None of these
Q. Providing banking services to a customerwithout his entrance inside the bank‘s branch is called as:
a. Virtual banking
b. Relationship banking
c. Universal banking
d. Mobile banking
e. None of these
Q. Which committee has recommended introduction of smart card?
a. Rangarajan committee
b. Saraf committee
c. Nayak committee
d. Pannieselvam committee
e. None of these
Q. Which of the following is not a characteristic of foreign exchange?
a. It is a commodity
b. Rates are volatile
c. It has no exact location
d. It works 7 days in a week
e. None of these
Q. DICGC stands for -----
a. Demand insurance and Credit guarantee Corporation
b. Demand insured and Current guarantee Corporation
c. Deposit insured and Credit guarantee Corporation
d. Detailed insurance and Credit guarantee Corporation
e. Deposit insurance and Credit guarantee Corporation
Q. In which among the following years NPCI (National Payments Corporation of India)was incorporated-
a. December 2008
b. January 2006
c. April 2010
d. July 2012
e. None of the given options is true
Q. Which card is a new card payment scheme launched by NPCI?
a. Maestro card
b. Visa Card
c. MasterCard
d. RuPay
e. None of the given options is true
Q. United Bank of India was established on December 18
a. 1942
b. 1945
c. 1950
d. 1960
e. None of these
Q. Who is the MD and CEO of Allahabad Bank?
a. Ravi Krishan Takkar
b. Kishor Piraji
c. Pawan Kumar Bajaj
d. Usha Ananthasubramanian
e. None of these