Top 1000+ Solved Banking Awareness MCQ Questions Answer
Q. A customer is required to maintain adequate balances in his/her accounts in order to use his card in the merchant establishments?
a. Smart Card
b. Credit Card
c. Add-on Credit card
d. Debit Card
e. None of the above
Q. Economic planning is an essential feature of
a. Dual economy
b. Mixed economy
c. Social economy
d. Capitalist economy
e. None of these
Q. Who covered the Export Credit Packing Advance sanctioned to SSI exporters under the credit guarantee scheme?
a. DICGC
b. ECGC
c. DRI
d. GIC
e. None of the above
Q. SEBI is a
a. Constitutional body
b. Statutory body
c. Advisory body
d. Non-statutory body
e. None of these
Q. Which of the following remains at the top oforganizational structure of RBI?
a. Governor
b. Executive directors
c. Central board of directors
d. Chief general manager
e. Principal chief general manager
Q. FIMMDA‘s general principles and procedures are applicable to ?
a. Fixed Income Markets
b. Money Markets
c. Derivatives Markets
d. All of the above
e. None of the above
Q. Expand FIPP –
a. Foreign Investment Promotion Brochure
b. Foreign Investment Production Board
c. Foreign Investment Promotion Board
d. Foreign Direct Investment Promotion Board
e. None of these
Q. Who regulates chit funds in India?
a. Government of India
b. State Governments
c. Not regulated at all
d. Concerned Districts
e. None of these
Q. A Co-Operative Bank operating in different States is regulated by ?
a. State Co-Operative Societies Act
b. Banking Regulation Act
c. Multi Unit Co-Operative Societies Act
d. Banking Laws (applicable to Co-Operative Societies)
e. None of the above
Q. You might have heard about PMI data. What is PMI?
a. Prudential Managers Index
b. Purchasing Managers Indian
c. Purchasing Managers Index
d. Prudential Managers Indian
e. None of these
Q. Hypothecation is applicable in the case of ?
a. Movable goods
b. Immovable property
c. Book debts
d. Corporate guarantee
e. None of the above
Q. Banking sector comes under which sector?
a. Services sector
b. Manufacturing sector
c. Realty sector
d. Industrial sector
e. None of these
Q. Which of the followings can be used for Current Account Deficit financing?
a. FII only
b. FDI only
c. ECB only
d. Both FII and FDI only
e. All FII, FDI and ECB
Q. A company which pools money from investors and invests in stocks, bonds, shares is called ?
a. A bank
b. An insurance company
c. Bancassurance
d. Mutual Fund
e. None of the above