Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. On 19th July 1969, 14 banks were nationalized, these banks had deposits of more than
a. Rs 25 crore
b. Rs 50 crore
c. Rs 85 crore
d. Rs 100 crore
e. none of these
Q. What is macro-economics?
a. macro economics deals with economic activities of the level of an economy as a whole
b. it deals with only a segment of an economy
c. it deals with both a) and b)
d. none of these
e. All of the above
Q. Factoring is
a. a means of financing traders and manufactures by taking over their receivables
b. a means of providing post-shipment finance to exporters
c. a type of agriculture financing
d. None
e. All
Q. Which of the following banks was first to establish merchant banking business in India?
a. ABN Amro Bank
b. Citibank
c. HDFC Bank
d. Standard chartered
e. Grindlays Bank
Q. Who can open various types of non-residentaccounts?
a. Persons of Indian Nationality or person of Indian origin residing outside India
b. Persons of foreign nationality or origin residing outside India
c. Firms, companies and other organization resident outside India
d. all
e. none
Q. Free Trade Refers to
a. Free movement of Goods from one country to other.
b. Movement of Goods from one Country to another free of cost.
c. Unrestricted exchange of Goods and Services.
d. Tool free of Duty
e. None of these
Q. FCNR (banks) accounts are maintained in the form of
a. saving accounts
b. Current accounts
c. Term deposits (except recurring deposits)
d. all
e. none
Q. Under which act does RBI issue directives to banks?
a. PMLA Act, 2002
b. RBI Act, 1934
c. DICGC Act, 1961
d. Banking Regulation Act, 1949
e. None of these
Q. GATT stands for:
a. General Agreement on Tariffs, Tradition and Trade
b. General Agreement on Tradition and Trade
c. General Agreement on Tariffs and Trade
d. None of The Above
e. None of these
Q. Inventor of ATM was:
a. Ian Luther Steward
b. David Block
c. John Adrian Shepherd Barron (A British)
d. David Adrian
e. None of These
Q. The trading regulations of GATT were established between and :
a. 1947 and 1994
b. 1947 and 1995
c. 1946 and 1996
d. 1947 and 1996
e. None of These
Q. Slogan of Allahabad Bank is:
a. Together We Prosper
b. A Tradition of Trust
c. A Long Tradition of Trust
d. All the above
e. None of These
Q. United Bank of India Limited was formed in1950 with the amalgamation of:
a. Comilla Banking Corporation Limited (1914)
b. Begal Central Bank Limited (1918)
c. Comilla Union Bank Limited (1922)
d. Hooghly Bank Limited (1932)
e. All of The Above
Q. Vijaya Bank is a sized Public Sector Bank with presence across India:
a. Medium Sized
b. Large Sized
c. Small Sized
d. None of The Above
e. None of These