Banking Awareness MCQ-133

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

Who will be appointed as Banking Ombudsman?

[A] CGM or GM of RBI
[B] Deputy Governor of RBI
[C] Governor RBI I is an ex-officio Ombudsman
[D] Finance Secretary
[E] None of the above

Which of the following is also known as multi-manager investment?

[A] Bond
[B] Securities
[C] Stock
[D] Funds of Fund
[E] None of these

Monetary Policy as an arm of the economic policy is administered by which bank?


The RIDE is a fund maintained by the National Bank for Agriculture and Rural Development (NABARD). What does the letter “R” denote in the term RIDE?

[A] Regional
[B] Rural
[C] Referral
[D] Railway
[E] Rehabilitation

Slogan of Corporation Bank?

[A] Working for a better tomorrow
[B] Prosperity for all
[C] Trusted family Bank
[D] None of these

Which of the following is not the name of a bank, functioning in India ?

[A] Central Bank of India
[B] Aegon Religare
[C] United Bank of India
[D] Dena Bank
[E] Citi Bank

Which among the following is known as pre paid negotiable instrument?

[A] Cheque
[B] Promissory note
[C] Bankers cheque/ Pay order
[D] Fixed deposit
[E] None of these

Tarapore Committee submitted its report on “Full Convertibility on Rupee” in-

[A] American Depository Receipt
[B] Current Account
[C] Capital Account
[D] None of these
[E] All of these

RTGS as well as NEFT uses

[A] UTR Number
[E] None of these

If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be:

[A] Increase
[B] Decrease
[C] No impact
[D] All of these
[E] None of the above

Which of the following is NOT required for opening a bank account?

[A] Identity Proof
[B] Address Proof
[C] Recent Photographs
[D] Domicile Certificate
[E] None of these

What does ‘L’ stands for in term CBLO?

[A] Liquidity
[B] Lending
[C] Lower
[D] License
[E] None of these

Who is the sole authority to issue and manage currency in India?

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

Which of the following types of institutions operate in call money market only as lenders ?

[A] Primary dealers
[B] State Bank of India
[C] Commercial Banks
[D] Insurance companies
[E] None of these

Foreign Currency which has a tendency of quick migration is called-

[A] Fiat Currency
[B] Soft Currency
[C] Token Currency
[D] Hot Currency
[E] None of the above