Banking Awareness MCQ-119

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

In banking terminology bad loans refer to —

[A] Bad debts
[B] Non performing assets
[C] underwriting assets
[D] Fictitious assets
[E] None of these

The head of the SBI is designated as:

[A] Executive director
[B] Governor
[C] Deputy Governor
[D] Chairman
[E] None of these

On the basis of which commission was RBI established?

[A] Hilton Young Commission
[B] Federal Commission
[C] Federation Commission
[D] British Commission
[E] None of these

In a prepaid card the maximum value to be stored is?

[A] 25000
[B] 50000
[C] 10000
[D] 20000
[E] None of these

Consider these statements:-
Statement I – Other than Rs. 1000 note, the security threads of the bank notes’ contain the word ‘Bharat’ in Devanagari script and ‘RBI’ alternatively.
Statement II – In Rs. 1000 note, the security thread contains the word ‘Bharat’ in Devanagari script, ‘1000’ and ‘RBI”.

[A] Both are false.
[B] Both are true.
[C] Statement I is true but II is false.
[D] Statement I is false but II is true.
[E] None of these

Which country issued first purely plastic note

[A] New Zealand
[B] Mexico
[C] Singapore
[D] Fiji and Canada
[E] Australia

What is the full form of POPs?

[A] Presence of Point
[B] Points of Private
[C] Presence of Presence
[D] Points of Presence
[E] Points of Public

Department of Economic Affairs is part of which of the following Ministries ?

[A] Ministry of Home Affairs
[B] Ministry of Planning
[C] Ministry of Finance
[D] Ministry of Heavy Industries & Public Enterprises
[E] Ministry of Rural Development

The Indian person who received the Nobel Prize in Economic?

[A] Rabindra Nath Tagore
[B] C.V. Raman
[C] Amartya Sen
[D] Dr. Radha Krishan
[E] None of these

What does ‘T’ in RTGS stand for?

[A] Time
[B] Transaction
[C] Tax
[D] Transfer
[E] None of these

Ten-rupee notes contain the signature of…………….?

[A] Finance Secretary, GOI
[B] Chairman, State Bank of India
[C] Governor, Reserve Bank of India
[D] Finance Minister, GOI
[E] Prime Minister

At present the rate of interest paid by RBI to Commercial Banks on CRR is :

[A] 3%
[B] 4%
[C] 5%
[D] No interest
[E] Only for above Rs. 1000 crore CRR balanc

Regulatory Authority for Regional Rural Bank is of

[A] RBI and NABARD
[B] NABARD
[C] RBI
[D] Central bank
[E] None of these

Inflation refers to a fall in the value of money. Which of the following is the key measure of inflation in India?

[A] Consumer price index
[B] Wholesale price index
[C] Personal consumption expenditures price index
[D] GDP Deflator
[E] All of the above

Which of the following banks was first to establish merchant banking business in India?

[A] ABN Amro Bank
[B] Citibank
[C] HDFC Bank
[D] Standard chartered
[E] Grindlays Bank