Top 50+ Solved Private Sector Banks MCQ Questions Answer
Q. A bank is a financial intermediary because
a. it acts as the broker between depositor and borrower
b. it acts as the link between the savers and the borrowers
c. it is in the finance industry
d. it is in the intermediary industry
Q. An Investment Bank is a bank
a. Which invests money in another bank
b. Which collects investments from public
c. An intermediary which performs a variety of financial services to corporate
d. none
Q. _____________are NOT a part of the Scheduled banking structure in India.
a. Money lenders
b. Public sector banks
c. Private sector banks
d. Regional rural banks
Q. Which of the following is NOT a function of Commercial Bank?
a. Providing Project Finance Settling of payments on behalf of the customers.
b. Deciding policy rates like CRR, SLR and Repo rate.
c. Issuing credit / debit /ATM cards
d. none
Q. Which of the following public sector banks has the largest number of branches in foreign countries?
a. Bank of India
b. Bank of Baroda
c. Punjab National Bank
d. Corporation Bank
Q. Bank of Rajasthan is now merged with which of the following Banks?
a. Axis Bank
b. IDBI Bank
c. ICICI bank
d. HDFC Bank
Q. The rupee Note contain the signature of –
a. Finance Secretary, GOI
b. Chairman, SBI
c. Governor, RBI
d. Finance Minister, GOI
Q. Zero balance account is generally allowed to be open for –
a. Salaried Class
b. Business Man
c. Foreign Customers
d. Children
Q. The only merger of two public sector banks took place between –
a. Bank of India and New Bank of India
b. Punjab National Bank and New Bank of India
c. Allahabad Bank and United Bank of India
d. Punjab National Bank and Bank of Rajasthan
Q. Canara Bank and Corporation Bank have headquarters in _____ and _____ respectively.
a. Bangalore, Mangalore
b. Mangalore, New Delhi
c. Both in Bangalore
d. Both in Mangalore
Q. Which bank was united with the Punjab National Bank in 1993?
a. Oudh Commercial Bank
b. New Bank of India
c. Punjab and Sind Bank
d. Imperial Bank of India
Q. Which among the following bank has its headquarters in Mumbai?
a. Allahabad Bank
b. UCO Bank
c. United Bank of India
d. Bank of India
Q. Which bank has become the first private sector bank to sell Indian gold coins?
a. Dhanlaxmi Bank
b. Federal Bank
c. Karur Vysya Bank
d. ICICI Bank
Q. Which private bank was earlier known as The Kumbakonam Bank Limited?
a. Tamil Nadu Mercantile Bank
b. Federal Bank
c. South Indian Bank
d. City Union Bank