Top 250+ Solved Basics of Banking and Insurance MCQ Questions Answer
Q. Scheduled bank is one.................
a. which is included in ii schedule of rbi
b. which is included in ii schedule of banking regulation act
c. institution dealing in money
d. which gives loan to sc/st
Q. SBI was set up by nationalising
a. bank of calcutta
b. imperial bank
c. national provincial bank
d. bharath bank
Q. Signature of one rupee note is of.....
a. rbi governor
b. finance secretary
c. president of india
d. finance minister
Q. The best example of pure commercial banking is
a. british banking
b. german banking
c. indian banking
d. japanese banking
Q. Which country’s banking is regarded as best example of mixed banking
a. germany
b. usa
c. britain
d. india
Q. Money at call is otherwise known as..........
a. overdraft
b. overnight money
c. credit card
d. cash credit
Q. ............ bank is one which specialise in financing foreign trade of a country
a. unit
b. branch
c. overseas
d. exchange
Q. “A central bank is an institution charged with responsibility of regulating supply and costof money in the interest of general public”. This definition was made by;
a. h l hart
b. keynes
c. john paget
d. dudley johnson
Q. Commercial bank can be either unit banking type or ----------- banking type.
a. central
b. branch
c. specialised
d. rural
Q. Discounting of bills of exchange is.......... function of commercial banks
a. lending
b. borrowing
c. investment
d. agency
Q. Industrial banks are also called .......... as they subscribing the securities issued by theindustrial concerns.
a. share banks
b. loan banks
c. development banks
d. investment bank