Banking Awareness MCQ-122

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

Closed Economy is one in which :

[A] only export takes place
[B] money supply is fully controlled
[C] deficit financing takes place
[D] neither export nor import takes place
[E] None of these

The promoters of Local Area Banks may comprise

[A] individuals
[B] corporate entities
[C] trusts and societies
[D] accepts deposits from public
[E] all of the above

Who among the following is the primary regulator of Banking business?

[A] Reserve Bank of India
[B] Central Government
[C] State Government
[D] Parliament
[E] a and b both the above

Which of the following has become the first bank in India to connect with Earth port’s global payments network, which spans over 60 countries?

[A] Federal Bank
[B] Kotak Mahindra Bank
[C] Axis Bank
[D] ICICI Bank
[E] Yes Bank

Generally, what is the designation of head of public sector undertakings (PSUs) and PSU banks in India?

[A] President
[B] Chairman cum Managing Director
[C] Chairman
[D] Director General
[E] None of these

CRAR stands for:

[A] Capital to Risk (weighted) Assets Ratio
[B] Credit Risk Account Ratio
[C] Commercial Risk (weighted) Assets Ratio
[D] Cross Research And Recession
[E] None of these

Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?

[E] Other than those given as options

Stock exchange securities do not include?

[A] Debentures certificates
[B] Small debentures issued by port trusts
[C] Government promissory notes
[D] Reverse Repo Rate
[E] None of the above

Which of the following terms is used in the field of banking and finance?

[A] Investment
[B] Genetics
[C] Resistance
[D] Metabolic Reaction
[E] None of these

Which bank has earmarked Rs 20 crore to support employees who were affected by the floods in Chennai?

[B] Doha Bank
[C] Royal Bank of Scotland
[D] None of these
[E] All of the above

United Bank of India Limited was formed in 1950 with the amalgamation of:

[A] Comilla Banking Corporation Limited (1914)
[B] Bengal Central Bank Limited (1918)
[C] Comilla Union Bank Limited (1922)
[D] Hooghly Bank Limited (1932)
[E] All of The Above

What is the maximum period within which the aggrieved customer can approach OMBUSAMAN?

[A] Within 2 year
[B] Within 1 year
[C] Within one month
[D] No such limitation period
[E] None of the above

The maturity of Treasury Bills in India is always less than ___

[A] 91 Days
[B] 182 Days
[C] 365 Days
[D] 730 Days
[E] 425 Days

The first Indian bank to get ISO certification was______.

[A] Canara Bank
[B] Axis Bank
[C] UCO Bank
[D] Oriental Bank of commerce
[E] Dena Bank

As per the provision of the Coinage Act, 2011, coins of any denomination not lower than one rupee shall be legal tender for _____.

[A] Any sum
[B] Any sum not exceeding Rs. 10
[C] Any sum not exceeding Rs. 50
[D] Any sum not exceeding Rs. 100
[E] Any sum not exceeding Rs. 500