Banking Awareness MCQ-42

Banking knowledge test IBPS cwe Clerk,Bank Exams,RRB,SBI PO mains

Currency Chest is the property of

[B] Government of India
[E] None of these

Which of the following measures will have positive impact on Inflation?

(1) Reduction in unnecessary expenditure of Government

(2) Increase in savings of the people

(3)surplus budgets

(4) Halt in repayment of public debt

Select the correct codes

[A] 1,2 and 4
[B] 2, 3 and 4
[C] 1,3 and 4
[D] All of the above
[E] None of the above

The difference between the total cost of a project and the sanctioned loan amount is termed as

[A] Near Money
[B] Hot Money
[C] Gross Income
[D] Margin Amount
[E] None of these

which of the following can be categories as a Merchant Banking service?

[A] Consultancy on finance to a company
[B] Advance in capital structure
[C] Managing mergers
[D] Helping in finalizing take over
[E] All the above

In economics it is generally believed that the main objective of a Public Sector Financial Company like Bank is to:

[A] Employ more and more people
[B] Maximize total profits
[C] Maximize total production
[D] Provide financial service to the people of the nation of its origin across the country
[E] Sell the goods at subsidized cost

“We Make You Feel Richer” is the tagline of

[A] National Bank
[B] Catholic Syrian Bank
[C] Induslnd Bank
[D] HDFC Bank
[E] None of these

“Plastic Money” denotes

[A] Bearer cheque
[B] Credit card
[C] Demand Draft
[D] Traveller’s cheque
[E] Gift cheque

When the loan is granted for purchase of white goods it is called _____.

[A] Consumption loan
[B] White goods loan
[C] Consumer durable loan
[D] Business loan
[E] Proprietary loan

The ratio of deposits to loans of a bank is known as ____

[A] NPA coverage Ratio
[B] Return on asset ratio
[C] Asset Coverage ratio
[D] CD Ratio
[E] Other than those given as options

Which of the following is NOT a part of India’s Money Market?

[A] Bill Market
[B] Call Money Market
[C] Banks
[D] Mutual Funds
[E] Indian Gold Council

Which of the following will be the authorised operational units?

[C] Biller
[D] All of the Above
[E] None of the Above

Who issues treasury bills?

[A] Reserve Bank of India, as the agent of the Central Government
[B] Any Govt. dept. of State and Central
[C] Any Commercial Bank
[D] All of the above
[E] None of the above

On the current account balances maintained by the Regional Rural Banks with them, the commercial banks may

[A] pay interest up to 9 per cent
[B] pay interest at such rates as may be mutually agreed to
[C] pay interest as applicable to savings accounts
[D] waive incidental charges
[E] All of the above

Who is the first women Deputy Governor of Reserve Bank of India?

[A] Ranging Kumar
[B] K.J. Udeshi
[C] Kanchan Choudhary Bhattacharya
[D] Pratibha Advani
[E] None of these

Cheque truncation means:

[A] Tearing a cheque into two or more pieces
[B] Sending the Photostat copy of a cheque in collection
[C] Using the electronic image of a cheque
[D] Keeping the Photostat copy of a cheque with collecting bank before sending the original cheque to the drawee branch
[E] None of these

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