Banking Awareness MCQ-29

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

Asset Reconstruction Company is associated with……….?

[E] None of the above

A banking system where all operations are confined to a single office is known as _

[A] Unit Banking
[B] Group Banking
[C] Chain Banking
[D] Branch Banking
[E] None of these

How many banks are presently associated of State Bank of India?

[A] Eight
[B] Seven
[C] Six
[D] Five
[E] Four

With whom does the ownership of Public sector banks rest?

[A] Wholly with Government of India
[B] Jointly with Government of India and shareholders from the public
[C] Jointly with Government of India and State Bank of India
[D] Jointly with Government of India and Reserve Bank of India
[E] None of these

India became the country in the world to have a bank especially for women.

[A] 7
[B] 6
[C] 5
[D] 3
[E] None of these

Free Trade Refers to

[A] Free movement of Goods from one country to other.
[B] Movement of Goods from one Country to another free of cost.
[C] Unrestricted exchange of Goods and Services.
[D] Tool free of Duty
[E] None of these

Foreign currencies are represented in various abbreviations. What is meant by USD ?

[A] UAE Dinar
[B] US Dollar
[C] Unit of Currency of Denmark
[D] Ukrainian Soviet Dollar
[E] None of these

Life Insurance Corporation of India is a

[A] Department of Govt. of India
[B] Independent Body
[C] Corporation established by a special Act of Parliament
[D] Company established under Companies Act 1956
[E] Non-Governmental Organization (NGO)

Capital adequacy is worked out based on?

[A] Total demand and time liabilities
[B] Net demand and time assets
[C] Risk weighted assets
[D] Risk weighted liabilities
[E] None of the above

SEBI conducts and action in its executive function and it passes ruling and orders in its judicial capacity:

[A] Efficient and Effective
[B] Investigation and Enforcement
[C] Regulation and Leadership
[D] None of These

The logo of Bank of Baroda is known as—

[A] Sun of Bank of Baroda
[B] Baroda Sun
[C] Bank of Baroda’s Rays
[D] Sunlight of Bank of Baroda
[E] None of these

Which of the following term in related with Economy?

[A] Absolute Zero
[B] Amplitude Soft
[C] patch
[D] Buoyancy
[E] None of these

What is the full form of NBFC as used in the financial sector?

[A] New banking finance company
[B] National banking and Finance Corporation
[C] New business finance and credit
[D] New business fund company
[E] None of these

Which of the following organizations provides Buffer Stock Financing Facility?

[A] Reserve Bank of India
[B] Asian Development Bank
[C] International Monetary Fund
[D] World Bank
[E] Federal Reserve Bank

What do you mean by ‘Money Laundering’?

[A] Washing the currency notes in a good laundery
[B] Converting money obtained through illegal sources in to legal money
[C] Keeping the money in currency chests
[D] Sending excess cash to other branch
[E] None of these

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