Banking Awareness MCQ-135

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

The Head Office of which of the following banks is in Mumbai?

[A] Punjab National Bank
[B] Bank of Maharashtra
[C] UCO Bank
[D] Union Bank of India
[E] None of the above

Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?

[A] GOI
[B] RBI
[C] Ministry of Commerce
[D] Ministry of Finance
[E] SEBI

Who headed the RBI panel that has submitted its report titled ‘Data Format for Furnishing of Credit Information to Credit Information Companies’.

[A] Urjit Patel
[B] AdityaPuri
[C] R. Gandhi
[D] A.K. Sharma
[E] None

The ICC World Twenty 20 cup 2016 hosts by

[A] India
[B] Bangladesh
[C] Sri Lanka
[D] England
[E] None of these

Bank rate means

[A] The rate of interest charged by the bank on advances
[B] The rate of interest paid by banks on the deposits
[C] The standard rate at which the RBI is prepared to buy or to rediscount eligible bills of exchange or other commercial papers of commercial banks
[D] None of the above
[E] All of the above

Banking sector conies under which sector?

[A] Services sector
[B] Manufacturing sector
[C] Realty sector
[D] Industrial sector
[E] None of these

Insurance companies in India are regulated by

[A] RBI
[B] AMFI
[C] SEBI
[D] IRDA
[E] NABARD

An account is considered dormant when there is no transaction through it for more than ____

[A] 12 months
[B] 6 months
[C] 18 months
[D] 24 months
[E] None of these

What is the duration of Public Provident Fund (PPF) account?

[A] 3 years
[B] 5 years
[C] 9 years
[D] 15 years
[E] 18 years

Loans of very small amount given to low income group is called-

[A] Cash Credit
[B] No Frill Credit
[C] Rural Credit
[D] Micro Credit
[E] Simple Overdraft

Infrastructure Finance Company(IFC) has a minimum Net Owned Funds of ____

[A] 100 Crore
[B] 150 Crore
[C] 250 Crore
[D] 300 Crore
[E] 350 Crore

Expand MAT related to tax?

[A] Minimum Additional Tax
[B] Maximum Alternative Tax
[C] Maximum Additional Tax
[D] Minimum Alternative Tax’
[E] None of these

Liability- side of the balance-sheet comprises:

[A] Capital and reserve
[B] Long-term liabilities
[C] Current liabilities
[D] All of the above
[E] None of the above

Collection of coins is both a hobby and study. Which word describes this habit?

[A] Philately
[B] Numismatics
[C] Coinage
[D] Mint
[E] None of these

The drawee of a cheque can be

[A] one person
[B] two person
[C] any legal or juristic person
[D] a bank
[E] none of these