Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. In the context of banking system, what does productivity means?
a. Production of service
b. Business per employee
c. Quality of customer service
d. Both (a) and (b)
e. None of these
Q. Which of the following term is not associated with economy?
a. GDP
b. Hindu Growth
c. PPP
d. LED
e. None of these
Q. What is the expanded form ECS as used in banking sector?
a. Effective Clearing Service
b. Enabled Clearing System
c. Electronic Clearing Service
d. Electronic Confirmation System
e. None of these
Q. is the percentage of total deposits of a bank which it has to keep with itself in the form of liquid assets
a. Cash Reserve Ratio (CRR)
b. Marginal Standing Facility (MSF)
c. Statutory Liquidity Ratio (SLR)
d. None of these
e. All of these
Q. What is the Cash Reserve Ratio (CRR) on 07 March 2017?
a. 3.00%
b. 4.00%
c. 4.50%
d. 5.00%
e. None of these
Q. New Bank of India was merged with whichbank?
a. Bank of Baroda
b. PNB
c. Central Bank of India
d. SBI
e. None of the given options is true
Q. Which of the following is an investmentstrategy 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. Which of the following is/are the subsidiaries of RBI?
a. DICGC
b. NHB
c. NABARD
d. BRBNMPL
e. All of these
Q. What is 'Packing Credit' ?
a. Finance extended to packing materials
b. Finance extended to an importer to pack the goods imported
c. Finance extended to warehouses for keeping the goods packages
d. Finance extended to an exporter to meet the cost of buying and/or making products 'to be exported
e. None of these
Q. Till 30th June, 1955, State Bank of India(SBI) was known as
a. State Bank of British India
b. Imperial Bank of India
c. India Central bank
d. Central Bank of India
e. None of these
Q. Who sets up the Bench Mark Interest Ratefor Germany ?
a. German Central Bank
b. Deutsche Bundes Bank
c. European Central Bank
d. Deutsche Bank
e. None of these
Q. Who is the New CEO of Indian Bank?
a. Kishore Kumar Kharat
b. Mahesh Kumar Jain
c. R. Koteeswaram
d. Arundhati Bhattacharya
e. Rakesh Sethi
Q. In India, scheduled commercial banks are those banks included
a. In the Second Schedule of RBI Act,1943
b. In the Second Schedule of BR Act,1949
c. In the Second Schedule of NI Act, 1881
d. In the Second Schedule of Companies Act,1956
e. None of these
Q. In regards to insurance, 'A policy provision to be restored from a lapsed status and resume active coverage, is termed as
a. Reaffirmation
b. Reinsurance
c. Reinstallment
d. Revocation
e. None of these