Banking Awareness MCQ-30

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

Which of the following terms is used in the field of finance and banking?

[A] Gauge Pressure
[B] Quantum number
[C] Adjustment Credit
[D] Absolute Zero
[E] Single bond

Which of the following is an investment strategy in which a fund invests in other types of funds?

[A] Bond
[B] Securities
[C] Stock
[D] Funds of Fund
[E] None of these

Regional rural banks are managed by

[A] The Central Government
[B] Sponsored Bank
[C] The State Government
[D] All of the above
[E] None of the above

The E-Commerce website “Alibaba” is the company of which country?

[A] America
[B] Japan
[C] India
[D] China
[E] None of these

Why reserve bank of India is called custodian of foreign balances of the country?

[A] because government delegates RBI to redistribute the foreign currencies in India
[B] because RBI maintains both gold and foreign currencies as reserves against note issues
[C] because RBI is delegated by the Government to absorb all the foreign currency in India
[D] b and c
[E] None of the above

Which term refers closure of the loan account prior to the tenure fixed for the account?

[A] Pre Approved
[B] Pre Closure
[C] Personal Disposable
[D] All of the above
[E] None of the Above

Which of the following is not the name of a bank functioning in India?

[A] Central Bank of India
[B] UCO Bank
[C] AEGON Religare
[D] Dena Bank
[E] ICICI Bank

Which of the following terms appropriately explains the role of banks in an economy?

[A] Financial conglomerate
[B] Holding companies
[C] Financial intermediaries
[D] Indigenous banking
[E] None of these

The significance of index linked bonds is?

[A] It provides protection against inflation rate rise
[B] It is inbuilt in the process
[C] Either (a) or (b)
[D] Both (a) and (b)
[E] None of these

Which bank has recently started “Tab Banking” service?


On which one of the following issues IMF has supported monetary policy of India?

[A] Introduction of GST.
[B] Stimulus for agriculture sector
[C] Concessions for foreign investment
[D] Tightening of monetary policy
[E] None of these

Which of the following is the most liquid money?

[A] M1
[B] M2
[C] Securities
[D] M3
[E] Call Money

SEBI is a

[A] Constitutional body
[B] Statutory body
[C] Advisory body
[D] Non-statutory body
[E] None of these

Which of the following is correct about the crossed cheque:

[A] Crossed cheque cannot en-cash at the counter of the bank by holder.
[B] The payment of cross cheque is only credited to the bank account of the payee.
[C] Crossed cheque is done by drawing two parallel lines across top left corner of the cheque.
[D] With or without writing ‘Account Payee’ in the space between the lines
[E] All of the Above

Which of the following is not included in govt. securities?

[A] Promissory notes
[B] Debentures
[C] Bearer bonds
[D] all
[E] none