Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. 'The termination of an insurance policy dueto non-payment of premium' is technically known as:
a. Lapse
b. Death
c. Forfeiture
d. Seize
e. None of these
Q. What are open market operations ?
a. Activities of SEBI-registered brokers
b. Selling of currency by the RBI .
c. Selling of gilt-edged securities by the government
d. Sale of share by FIIs
e. None of these
Q. Which of the following bank headquarters located in Pune?
a. Bank of Maharashtra
b. Allahabad Bank
c. Dena Bank
d. Central Bank of India
e. None of these
Q. Pawan Kumar Bajaj is the MD and CEO of
a. United Bank of India
b. Dena Bank
c. Bank of Maharashtra
d. Allahabad Bank
e. None of these
Q. Which of the following is the standard document that is commonly used to govern over-the- counter derivatives transactions?
a. CSA Agreement
b. ISDA Agreement
c. GMRA Agreement
d. All of these
e. None of these
Q. CSA stands for
a. Credit Support Agreement
b. Core Support Annex
c. Credit Support Annex
d. Core Support Agreement
e. None of these
Q. Exchange Earners Foreign Currency (EEFC)Account provides
a. Current Account
b. SB Account
c. Term Deposits
d. All of these
e. None of these
Q. A banking Ombudsman will not entertain Credit Cards Complaints which are more than old.
a. 3 months
b. 6 months
c. 9 months
d. 12 months
e. 16 months
Q. Which is the largest foreign bank working in India?
a. Hong Kong and Shanghai Banking Corporation (HSBC)
b. Standard Chartered Bank
c. Citibank
d. Barclays Bank
e. Deutsche Bank
Q. NSSO headed by a Director General is responsible for conduct of large scale sample surveys in diverse fields on All India basis. NSSO stands for-
a. Nominal Sample Survey Office
b. National Sample Survey Office
c. National Sample Survey Organization
d. National Sample Service Office
e. National Source Survey Office
Q. A leading bank in India has recently (July 2016) launched a social media, banking platform for its facebook and twitter users which goes by the name of `Mingle'. Name the Bank.
a. Punjab National Bank
b. Yes Bank
c. State Bank of India
d. Bank of Baorda
e. ICICI Bank
Q. Reserve Bank of India has recently (August 2016) launched a portal to curb illegal and unauthorised pooling of funds by unscrupulous firms. What is it called?
a. Savdhaan
b. Sanchetna
c. Sachetna
d. Sanchet
e. Sachet
Q. IPPBL has received the Certificate of Incorporation from the Registrar of Companies and has become the first PSU under the Department of posts. What is the full form of IPPBL?
a. India Post Paying Bank Limited
b. India Post Payments Bank Limited
c. India Post-Office Payments Bank Limited
d. International Post Payments Bank Limited
e. India Post Payments Banking Limited