Banking Awareness MCQ-131

Banking Aptitude Test Bank Exams,SBI Clerks,IBPS PO mains,LIC ADO

Which of the following entities are applicable for the new listing obligations and disclosure requirements of SEBI regulations, 2014?

[A] Listing of debentures
[B] Listing of bonds
[C] All listed companies
[D] All the above
[E] None of these

Which of the following is not a characteristic of foreign exchange?

[A] It is a commodity
[B] Rates are volatile
[C] It has no exact location
[D] It works 7 days in a week
[E] None of these

Which of the following banks was inaugurated by Mahatma Gandhi in 1919?

[A] Bank of Maharashtra
[B] Bank of Baroda
[C] State Bank of Saurashtra
[D] Union Bank of India
[E] None of these

The minimum rate of Interest charged by a Bank from Customers on the loans is?

[A] Base Rate
[B] Bank rate
[C] Prime Rate
[D] Prime Lending Rate
[E] None of these

Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance ?

[A] 5%
[B] 7%
[C] 10%
[D] 15%
[E] None of these

Which of the following organizations is the Mutual Fund Market regulator?

[D] National Stock Exchange of India
[E] None of these

Who invented the first operational ATM ?

[A] John Conner
[B] John Smith Adam
[C] Adam Carter
[D] John Shepherd Barren
[E] John Sayer

Under the ‘Swabhiman’ above how much population the government has decided to provide banking facilities to unbanked areas?

[A] 2000
[B] 3000
[C] 4000
[D] 5000
[E] 6000

Which of the following is the Headquarters of Yes Bank?

[A] Noida
[B] Hyderabad
[C] Chennai
[D] Mumbai
[E] None of these

Which of the following is necessary while opening deposit accounts in banks?

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

The maximum Statutory Liquidity Ratio to be maintained by banks is___

[A] 25%
[B] 30%
[C] 35%
[D] 40%
[E] None of these

What is meant by a stale cheque?

[A] A cheque which is lost or stolen
[B] A cheque which is more than three months old from the date of the cheque
[C] A cheque which is defaced/ mutilated
[D] A cheque from an account which is closed
[E] None of these

What is ‘STT’?

[A] Standard Transaction Tax
[B] Securities Transaction tax
[C] Securities Transfer tax
[D] Standard Transfer tax
[E] None of these

Which of the following is NOT a part of India’s Money Market?

[A] Bill Markets
[B] Call Money Market
[C] Banks
[D] Mutual Funds
[E] Indian Gold Council

Kisan Credit Cards (KCC) Scheme was formulated in the year:

[A] 1996
[B] 1997
[C] 1998-99
[D] 2000
[E] None of the above