Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. If a bank needs to attract Provident Fund Deposits, what are the criteria that banks must possess?
a. Profitability in preceding 3 years
b. Minimum of Rs.200 crores as net worth
c. Capital adequacy of 9%
d. All the above
e. None of these
Q. A promissory note that is not secured by any collateral or not secured by a mortgage or lien marked on any property is instrument.
a. Debenture
b. Bill of exchange
c. Commercial bill
d. Currency bill
e. None of these
Q. What does RBI do if a Re.1 note is issued byGovernment of India?
a. RBI object the issuance
b. RBI put into circulation
c. RBI converts Re.1 in to higher denomination of Rs.10 and more.
d. RBI asks banks to not to support for circulation
e. None of these
Q. Which of the following entities are applicable for the new listing obligations and disclosure requirements of SEBI regulations, 2014?
a. Listing of debentures
b. Listing of bonds
c. All listed companies
d. All the above
e. None of these
Q. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) iscalled .
a. Preference Bond
b. Zero Coupon Bond
c. Convertible Bond
d. Perpetual Bond
e. Sovereign Bond
Q. from the following in which bank no personcan open his account?
a. Cooperative Bw1ank
b. Rural Bank
c. RBI
d. Commercial Bank
e. None of these
Q. Reserve Bank of India is?
a. Commercial bank
b. Central bank
c. Cooperative bank
d. Rural bank
e. None of these
Q. Reserve Bank of India does not perform the role of?
a. Issue of Currency
b. Bank of Bank
c. Bank of Government
d. to accept money from public
e. none of these
Q. In India, currency notes are issued by?
a. Finance Ministry
b. Financial Secretary
c. State Bank of India
d. Reserve Bank of India
e. None of these
Q. In India, the bank which issued central currency is?
a. Central Bank of India
b. State Bank of India
c. Reserve Bank of India
d. Bank of India
e. None of these
Q. Which is the financial year of Reserve Bank ofIndia?
a. April-March
b. July-June
c. October-September
d. January-December
e. None of these
Q. I.B.A. Means .
a. International Banking Association
b. International Banking Agency
c. Indian Bureaucrats Association
d. Indian Bank Association
e. None of these
Q. The Kisan Credit Card Scheme is being implemented by all
a. Public Sector Commercial Banks
b. Regional Rural Banks
c. State Cooperative Banks/DCCBs/PACS nad Scheduled Primary Cooperative Banks
d. All of the above
e. None of the above