Banking Awareness MCQ-124

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

When Reserve Bank intends to increase credit by the banking system, it

[A] Reduces the bank rate
[B] Raises the bank rate
[C] Freezes the bank rate
[D] None of these
[E] All of these

You might have heard about PMI data. What is PMI?

[A] Prudential Managers Index
[B] Purchasing Managers Indian
[C] Purchasing Managers Index
[D] Prudential Managers Indian
[E] None of these

Which of the following terms is not used in the field of Economics?

[A] Net income
[B] Cost of project
[C] Flow of fund
[D] Balance sheet
[E] Cold chain

“We understand your world” is the tagline of

[A] Federal Bank
[B] Yes Bank
[C] HDFC Bank
[D] Karur Vysya Bank
[E] None of these

In which denomination were India’s first bimetallic coins issued in the year 2009?

[A] Rs. 100
[B] Rs. 5
[C] Rs. 10
[D] Re. 1
[E] None of these

Which of the following is not a ‘Money Market Instrument’?

[A] Treasury Bills
[B] Commercial Paper
[C] Certificate of Deposit
[D] Equity shares
[E] None of these

CEO of ICICI bank is:

[A] Arundhati Bhattacharya
[B] Chanda Kochhar
[C] Indira Nuyi
[D] Arun Jaitley
[E] None of These

What is the full form of the name ‘ILO’ an agency of the United Nations?

[A] International Labour Organization
[B] International Legal Organization
[C] Indian Labour Organization
[D] Information & Legal Organization
[E] Indian Lawyer’s Organization

Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?

[A] Bombay Stock Exchange
[B] Delhi Stock Exchange
[C] Calcutta Stock Exchange
[D] Bangalore Stock Exchange
[E] None of the above

Who is the major shareholder in NABARD?

[B] Central Government
[D] All of these
[E] None of these

How many members are there in FATF?

[A] 42
[B] 43
[C] 40
[D] 37
[E] 39

Increase in net RBI credit for central government represents-

[A] Budgetary deficit
[B] monetized deficit
[C] Fiscal deficit
[D] Revenue deficit
[E] None of these

After nationalisation of 14 commercial banks, the government of India had nationalised other 6 commercial banks, with deposits over and above Rupees 200 Crores, during

[A] April, 1980
[B] April, 1969
[C] April, 1970
[D] May, 1970
[E] July, 1970

Which of the following is not the function of Payment bank?

[A] Issue of ATM /Debit card
[B] Issue of Credit Card
[C] Accepts Deposits
[D] Provides remittances
[E] None of these

With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country______

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