Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. Prathama Bank is the first Regional Rural Bank (RRB) of India established on 2 Oct, 1975, with its Head Office at Moradabad. The bank was sponsored by
a. State Bank of India
b. Central Bank of India
c. Bank of India
d. Punjab National Bank
e. Syndicate Bank
Q. Which of the following types of banks are NOT allowed to provide credit facilities to their customers?
a. Small Banks
b. Payments Banks
c. Universal Banks
d. Cooperative Banks
e. Regional Rural Banks
Q. Masala bonds are Indian rupee denominated bonds issued in offshore capital markets. The RBI has reduced the minimum tenure of such bonds that an Indian company can, issue to
a. one year
b. two years
c. three years
d. four years
e. five years
Q. In which among the following years NPCI was incorporated-
a. July 2012
b. January 2006
c. April 2010
d. December 2008
e. None of the given options is true
Q. The Canada Pension Plan Investment Board(CPPIB) received the Reserve Bank of India's approval to increase its stake beyond five per cent to 10 per cent in
a. Axis Bank
b. Kotak Mahindra Bank
c. YES Bank
d. IDFC Bank
e. Federal Bank
Q. Flipkart-owned mobile payments startup PhonePe has launched unified payments interface (UPI) based, payments app for which it has partnered with
a. Yes Bank
b. Federal Bank
c. HDFC Bank
d. ICICI Bank
e. IDFC Bank
Q. The headquarters of Industrial Finance Corporation of India(IFCI)
a. Mumbai
b. New Delhi
c. Chennai
d. Hyderabad
e. None of these
Q. To authenticate a Digital Signature in Cheque Truncation System (CTS), which of the following keys are used..
a. Private Key
b. Public Key
c. Master Key
d. Both a) and c)
e. None of these
Q. Which of the following is the most active segment of the money market in India?
a. Call Money/Notice Money Market
b. Repo/Reverse Repo
c. Commercial Paper (CP)
d. Certificate of Deposit (CD)
e. None of the above
Q. Banking Ombudsman Scheme is applicable to the business of
a. All scheduled commercial banks excluding RRBs
b. All scheduled banks except private banks
c. All scheduled commercial banks including RRBs
d. Only Public Sector Banks
e. none of these
Q. An increase is CRR by RBI leads to-
a. Decrease in lendable resource
b. Increase in lendable resource
c. Decrease in deposit
d. Increase in deposit
e. None of these
Q. How many parties primarily involved in aPromissory Note?
a. Two
b. Three
c. Four
d. Five
e. None of these
Q. Which bank are Public Sector Banks of India?
a. More than 50 % stake held by government
b. 50 % stake held by government
c. Less than 50 % stake held by government
d. All of the above
e. None of the above
Q. NABARD is responsible for regulating and supervising the functions of
a. Investment and Industrial Finance Banks
b. Cooperative Banks and Regional Rural Banks
c. Corporate Finance and Overseas Banking Units
d. Private Sector and Multinational Banks
e. Reserve Bank of India