Banking Awareness MCQ-140

Banking Awareness GIC,IBPS PO Mains,SBI Clerks,Bank Exams,LIC ADO

What is “Stagflation”?

[A] inflation with growth
[B] deflation with growth
[C] inflation after deflations
[D] inflation with depression
[E] None of the above

Reserve Bank of India has recently (August 2016) launched a portal to curb illegal and unauthorised pooling of funds by unscrupulous firms. What is it called?

[A] Savdhaan
[B] Sanchetna
[C] Sachetna
[D] Sanchet
[E] Sachet

India projected to grow _ per cent in 2017 as per UN report

[A] 7.6
[B] 7.7
[C] 7.8
[D] 7.5
[E] None of these

Slogan of IDBI Bank is _____?

[A] Trusted family bank
[B] Where vision gets built
[C] Banking for All; Aao Sochein Bada
[D] Good people to grow with
[E] None of these

Role of merchant bankers———?

[A] Mobilization of funds
[B] Promotional function
[C] Innovation
[D] All of these
[E] None of these

When it comes to organized sector, which among the following is not true?

[A] Reserve Bank of India
[B] Public sector commercial banks
[C] private sector commercial banks
[D] money lenders
[E] cooperative banks

A Pledge means

[A] advanced against goods
[B] hypothecation of goods
[C] bailment of goods as security for payment of a debt or performance of a promise
[D] Open limits
[E] none of these

NBFCs are an important part of the Indian financial system, what is meant by this term?

[A] New Banking Financial Companies
[B] Non Banking Financial Companies
[C] Neo Banking Financial Confederation
[D] Non banking Fiscal Companies
[E] None

What is the money, which was accepted temporary in lieu of gold?

[A] Plastic Money
[B] Commodity Money
[C] Currency Money
[D] Fiat Money
[E] None of these

Balance in a current account is classified as •

[A] Hybrid deposit
[B] Term deposit
[C] Demand deposit
[D] Flexi deposit
[E] None of these

Fixed deposits and recurring deposits are______.

[A] repayable after an agreed period
[B] repayable on demand
[C] not repayable
[D] repayable after death of depositors
[E] repayable on demand or after an agreed period as per banker’s choice

SEBI was established in the year

[A] 1994
[B] 1990
[C] 1992
[D] 1982
[E] None of these

RBI issued its first banknote in Jan 1938 bearing the portrait of George IV. What was its denomination?

[A] Rs. 5
[B] Rs. 10
[C] Rs. 1
[D] Rs. 2
[E] None of these

As we know RBI was comes into existence in i April, 1935 but became the central banking authority in:

[A] 1965
[B] 1966
[C] 1961
[D] None of These
[E] None of these

A commercial bank law creates credit only if it has

[A] Cash in the vault
[B] Excess reserves
[C] Permission of Reserve Bank of India
[D] Cooperation of other banks
[E] None of these

While discussing investments there is mention of short term government security. What is this type of investment known as _________

[A] Debenture
[B] Share
[C] Mutual Funds
[D] Treasury Bill
[E] None of these