Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. RBI was established on ?
a. 21st April 1940
b. 20th April 1943
c. 2nd April 1947
d. 1st April 1935
e. None of these
Q. Which among the following is at times mentioned as a kind of Direct Debit Facility?
a. RTGS
b. ECS
c. NEFT
d. IMPS
e. None of these
Q. What does EXIM Bank stand for?
a. Extra Import Bank of India
b. Export Import Bank of India
c. Export Information Bank of India
d. Export Import Bank of Intelligence
e. None of These
Q. Which among the following is not under the control of central banking authority?
a. Monetary control
b. Management of government debts
c. Lender of last resort to banks
d. Banker to government
e. Equity market and debt market supervision and control
Q. A very large loan extended by a group of small banks to a single borrower is known as
a. Secured loan
b. Syndicated loan
c. Non-Recourse loan
d. No Documentation loan
e. None of these
Q. Safe deposit locker – a product offered in the Indian retail banking segment under:
a. Retail loan products
b. Retail deposit products
c. Retail services
d. Retail facilities
e. Retail comforts
Q. When it comes to retail deposit products, which among the following is irrelevant?
a. Recurring deposit accounts
b. Term deposit accounts
c. No frills accounts for common man
d. Depository services
e. Senior citizen deposit accounts
Q. Which term refers closure of the loan accountprior to the tenure fixed for the account?
a. Pre Approved
b. Pre Closure
c. Personal Disposable
d. All of the above
e. None of the Above
Q. Leasing, hire purchase and bill discounting are the domain of
a. Non banking companies
b. Mutual funds
c. Commercial banks
d. Development banks
e. None of the above
Q. The difference between the total cost of a project and the sanctioned loan amount is termed as
a. Near Money
b. Hot Money
c. Gross Income
d. Margin Amount
e. None of these
Q. The capital markets regulatory authority has supervision over:
a. Stock exchanges
b. Foreign institutional investors
c. Equity and debt raisers
d. Mutual funds
e. All the above
Q. When it comes to money market instruments, which among the following is not true?
a. Treasury bills
b. Term money
c. Certificate of deposits
d. Corporate securities
e. Commercial paper
Q. A debt which is irrecoverable and is therefore written off as loss in the accounts of an institution or bank is known as
a. External debt
b. Good debt
c. Bad debt
d. Internal debt
e. All of the above
Q. is basically charged when aperson uses a credit card to obtain cash.
a. Early Repayment Charge
b. Redemption Fee
c. Transaction Fee
d. Cash Advance Fee
e. None of these
Q. Time period that is considered from the inception of the credit, investment or negotiable instrument and ends upon the maturity or expiry of the instrument is referred as
a. Amortisation Period
b. Amortising Swap
c. Asset Backed Security
d. Attrition Analysis
e. None of these