MCQGeeks
0 : 0 : 1
CBSE
JEE
NTSE
NEET
English
UK Quiz
Quiz
Driving Test
Practice
Games
Quiz
Banking Awareness
Banking Awareness Miscellaneous
Quiz 11
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Q.1
Which of the following cannot be called as a value Added Service offered by bank?
Special Accounts for poor sections of society
Accident Insurance Cover
Instant credit of outstations cheques
Free cheque books
Q.2
The minimum number of women required for formation of women groups under Development of women and children in Rural Areas Programme is?
20
15
10
5
Q.3
Which of the following is not a function of commercial bank?
Providing project finance
Selling mutual funds
Deciding policy rates like CRR, Repo rates/SLR etc.
Settlement of payments on behalf of the customers
Q.4
The New Capital Adequacy Frame work prescribed for the banks is commonly known as?
KYC norms
Credit Policy
Basel accord
Fiscal Policy
Q.5
A joint account mandates both account holders to sign,it means that - (A) Any deposit made must be signed by both parties. (B) Any withdrawal made must be signed by both parties. (C) Any deposit and withdrawal made must be signed by both parties.
Only A
Only B
Only C
Both B and C
Q.6
What is the role of the Credit Bureau? (A) Blacklist borrowers with bad credit record. (B) Collects credit information on borrowers and supplies the information back to lenders. (C) Gives credit assessment of borrowers. (D) Dictates credit decisions of financial institutions.
Only A
Only B
Only C
Only D
Q.7
When the government tries to meet the gap of public expenditure and public revenue through borrowing from the banking system, it is called as :
Credit Financing.
Debt Financing
Deficit Financing.
Internal Debt.
Q.8
Non-bank entities must have net worth of at least how much to be eligible for operating white label ATMs :
Rs. 100 cr.
Rs. 200 cr.
Rs. 300 cr.
Rs. 400 cr.
Q.9
Where is National Institute of Bank Management (NIBM) located?
Nasik
Mumbai
Pune
New Delhi
Q.10
Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a part of its name as per:
Section 7 of Banking Regulation Act
Section 7 of RBI Act
Section 7 of SEBI Act
Section 7 of Nationalization Act
Q.11
In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act
Section 22 of banking Regulation Act
Section 22 of RBI Act
Section 22 of NABARD
KYC Guidelines by RBI
Q.12
Identify the well known person related to Banking field in India from the following?
Mrs. Meira Kumar
Mrs. Kiran Shaw
Mr. Arun Jaitley
Dr. D Subbarao
Q.13
Justice Mukul Mudgal comm. is related with which of the following subject?
IPL spot fixing
Hike in prices of Automobile
Rise in prices of petrol
Banking Reforms
Q.14
FPO means?
Follow on Public Offer
First Public Offer
Follow on Private Offer
Firm on Public Offer
Q.15
Financial Market broadly divided in to two. They are?
Money and Capital market
Money and Black market
Price and Money market
Capital and Abroad market
Q.16
Which of the following became the first private bank in India to receive an in-principle approval from RBI?
Yes Bank
ICICI Bank
HDFC Bank
IndusInd Bank
Q.17
Which bank launches first homegrown economic index?
ICICI
BOB
SBI
PNB
Q.18
What is the maximum deposit amount insured by the DICGC (Deposit Insurance and Credit Guarantee Corporation)?
Rupees One Lakh
Rupees Two Lakh
Rupees Three Lakh
Rupees Five Lakh
Q.19
National Spot Exchange (NSEL) is the news for defaulting payments to investors. Who is the founder promoter of FT?
Jignesh Shah
Harshad Mehta
Ketan Parekh
A K Telgi
Q.20
One of the Primary functions of IMF is to provide short term capital assistance to member countries through SDR (Special Drawing Rights). What is NOT true about SDR?
Currency code of SDR is XDR
SDR is the Unit of Account of IMF
Asian Development Bank (ADB) also uses SDR as its Currency
None of the above
Q.21
Which of the following has introduced a new tool named Data Warehousing and Business Intelligence System for speedy analysis of data and identification of violations?
IRDA
SBI
RBI
TRAI
Q.22
The Reserve Bank hiked the limit for foreign investment in Asset Reconstruction Companies (ARCs) from the earlier cap of 49 percent to?
74 %
47 %
57 %
72 %
Q.23
What is the full form of 'FINO', a term we see frequently in financial newspapers?
Financial Investment Network and Operations
Farmer's Investment in National Organization
Farmers Inclusion News and Operations
Financial Inclusion Network and Operations
Q.24
With an aim to provide better services to the debit card holders, the Reserve Bank of India (RBI) has directed all commercial and public sector banks to introduce new Automated Teller Machines (ATM) that can deliver lower denomination notes such as?
Rs 10
Rs. 20
Rs. 50
All of the above
Q.25
Expand the term FRBM?
Financial Responsibility and Business management
Fiscal Responsibility and Business management
Financial Responsibility and Budget Management
Fiscal Responsibility and Budget Management
Q.26
What is an Indian Depository Receipt?
A deposit account with a Public Sector Bank
A depository account with any of depositories
An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company.
An instrument in the form of deposit receipt issued by Indian depositories
Q.27
Land Development Banks form a part of the?
Commercial Banks
Industrial Development Bank of India
Food Corporation of India
Co-operative Credit Structure
Q.28
World Photography day is observed on :
17th August
19th August
20th August
22nd August
Q.29
International Day of Rural Women is observed on ?
September 15
July 15
December 15
October 15
Q.30
An increase in CRR by RBI leads to
Decrease in deposit
Increase in deposit
Increase in lendable resources
Decrease in lendable resources
0 h : 0 m : 1 s
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Report Question
×
What's an issue?
Question is wrong
Answer is wrong
Other Reason
Want to elaborate a bit more? (optional)
Support mcqgeeks.com by disabling your adblocker.
×
Please disable the adBlock and continue.
Thank you.
Reload page