Banking Awareness MCQ-31

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

Under which category will you classify Regional Rural Banks ?

[A] Scheduled Commercial Banks
[B] Co-operative banks
[C] Private sector banks
[D] Development banks
[E] None of these

In India, currency notes are issued by?

[A] Finance Ministry
[B] Financial Secretary
[C] State Bank of India
[D] Reserve Bank of India
[E] None of these

Director General of Foreign Trade is working under ________.

[A] Ministry of Finance
[B] Ministry of Commerce
[C] Ministry of External Affairs
[D] Reserve Bank of India
[E] None of these

“Support all the way” is the tagline of

[A] HDFC Bank
[B] Citi Union Bank
[C] Dhanlaxmi Bank
[D] Catholic Syrian Bank
[E] None of these

Which of the following is the Banker of the Banks?

[A] IDBI
[B] SBI
[C] RBI
[D] SBI and RBI
[E] SEBI

Sub Prime lending” is a term applied to the loans made to

[A] Those borrows who do not have a good credit history
[B] Those who wish to take loan against the mortgage of tangible assets
[C] Those who have a good credit history and are known to bank since 10 years
[D] Those borrowers who are most preferred customers of the bank
[E] None of these

The banks get benefited most from which of the following entity ?

[A] Fee of services
[B] Loans
[C] Securities
[D] Saving Account
[E] None of these

What is the full form of FCCB?

[A] Foreign Currency convertible Bond
[B] Foreign Currency credit Bond
[C] Financial Consortium and Credit Bureau
[D] Future Credit and Currency Bureau
[E] None of the Above

Domestic Systematically Important Banks (D-SIBs) is announced with the term ____.

[A] Too big to fail
[B] Too big to fall
[C] Too big to pass
[D] Too big to die
[E] Too big to stop working

The sponsor bank of Pallavan Grama Bank is?

[A] IOB
[B] OBC
[C] Indian Bank
[D] Union Bank of India
[E] United Bank of India

Which of the following is the first Bank who provide the interest banking facility first?

[A] ICICI Bank
[B] State Bank of India
[C] Syndicate Bank
[D] Central Bank of India
[E] None of these

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Regional Rural Banks have been set up with the basic objective of:

[A] Providing credit to semi-urban and urban population
[B] Providing deposits facilities to farmers
[C] Providing credit and deposit facilities to rural areas
[D] Providing credit, deposit and other banking facilities to people in rural areas
[E] None of the above

The initial public offer is connected to which among the following:

[A] Primary market
[B] Secondary market
[C] Old issues market
[D] gilt edged securities market
[E] None of the above

What is difference between banks & HFCs?

[A] HFCs cannot accept demand deposits
[B] It cannot issue cheques drawn on it self
[C] deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of HFCs
[D] All of the Above
[E] None of the Above

The Rate at which the domestic currency can be converted into foreign currency and vice versa is known as the ___

[A] Exchange rate
[B] MIBOR
[C] Inter bank Call money rate
[D] Base rate
[E] LIBOR