Banking Awareness MCQ-18

Banking Aptitude MCQ SBI PO mains,IBPS cwe Clerk,RRB,Bank Exams

Certificate of Deposits can be issued for a maximum period of ___?

[A] 30 days
[B] 90 days
[C] 180 days
[D] 365 days
[E] None of these

Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAP. What is the full form of LAP?

[A] Liquidity Adjustment Facility.
[B] Legal Adjustment Facility
[C] Long-term Achievement Facility
[D] Legal Adjustment Formality
[E] None of these

In a company the use of price sensitive corporate information by the Company – people to make gains or cover losses is known as?

[A] insider trading
[B] future trading
[C] foreign trading
[D] stock trading
[E] None of these

Which of the following appears in the balance sheet of a company?

[A] Subscribed Capital
[B] Authorized Capital
[C] Partner’s Capital
[D] Paid up Capital
[E] None of these

Which of the following is not a part of the scheduled banking structure in India?

[A] State Co-operative Banks
[B] Public Sector Banks
[C] Private Sector Banks
[D] Regional Rural Banks
[E] Money Lenders

169 Which of the following is called the Bankers’ Bank in India?

[A] State Bank of India
[B] Central Bank of India
[C] Reserve Bank of India
[E] None of these

A transfer of money from a migrant worker to their families or other individuals in their home countries is known as ______

[A] Inward Remittance
[B] Foreign Remittance
[C] Commercial banking
[D] Wholesale banking
[E] None of these

Slogan of Corporation Bank ____ ?

[A] A Primer Public Sector Bank
[B] Not Your Typical Bank
[C] The world’s local bank
[D] What’s in your wallet?
[E] None of these

The Basic criteria that was considered while nationalisation of banks in 1969 was the liability base of banks is more than:

[A] 30 Crores or more
[B] 40 Crores or more
[C] 50 Crores or more
[D] 60 Crores or more
[E] None of the above

Safe deposit locker – a product offered in the Indian retail banking segment under:

[A] Retail loan products
[B] Retail deposit products
[C] Retail services
[D] Retail facilities
[E] Retail comforts

When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as:

[A] Term Deposit
[B] Demand Deposit
[C] Bond
[D] Mortgage
[E] Advance

An asset reconstruction company looks for business from banks. What do you understand from this statement?

[A] These companies assist banks in getting potential clients for big ticket loans
[B] Banks identify potential borrowers for infrastructure lending by these companies
[C] Banks sell their bad debts to these companies
[D] Asset reconstruction companies buy bad debts at a discount from banks
[E] None of these

Which among the following bank has bagged the ‘Best MSME Bank Award 2016’ instituted by Assocham?

[A] Corporation Bank
[B] Syndicate Bank
[C] IDBI Bank
[D] Indian Bank
[E] None of these

Commercial paper may be issued for a period of__?

[A] 90 days
[B] 91 to 180 days
[C] 7 days to one year
[D] All the above
[E] None of the above

With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country____

[A] Will
[B] Registration
[C] Nomination
[D] Indemnity
[E] Guarantee