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Bank Mcq Question Set 11
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1. In which of the following States there is no Regional Rural Bank?
Goa
Punjab
Karnataka
Uttarakhand
2. A cheque bearing the date earlier than the date of submission to the banks is known as__________.
Bearer Cheque
State Cheque
Crossed Cheque
Post Dated Cheque
3. Which of the following authorities is responsible for maintaining accounts, deposits and cash management of the Government through issue Bonds and Treasury Bills?
RBI
SBI
SEBI
IRDA
4. A Credit Guarantee Trust Fund has been set up for guaranteeing Collateral Free Facilities by lending institutions to Small Scale Industries. This fund is being managed by which of the following instit
RBI
SBI
SIDBI
NABARD
5. A bond issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate of Interest) is called__________.
Perpetual Bond
Preference Bond
Convertible Bond
Zero Coupon Bond
6. National Institute of Bank Management is the institute meant for__________.
Training of bank employees in Banking
Recruitment of Bank Employees at all levels
Providing Management personnel to the Banks
All of the above
7. Which is the biggest Commercial bank of India?
Bank of Baroda
State Bank of India
Punjab National Bank
United Commercial Bank
8. Whose signature is there on one Rupee note?
Governor, RBI
Governor, SBI
Finance Minister
Finance Secretary
9. Whose signature is there on 10 Rupee note?
Governor, SBI
Governor, RBI
Finance Minister
Finance Secretary
10. When was RBI nationalized?
1947
1948
1949
1950
11. Where is RBI head office located?
Mumbai
Kolkata
Chennai
New Delhi
12. Maximum Part of India Foreign Currency is utilized for_________.
Iron-Steel Import
Food Item Import
Petroleum Import
Technology Knowledge Import
13. From the following in which bank no person can open his account?
RBI
Rural Bank
Commercial Bank
Cooperative Bank
14. Reserve Bank of India is?
Rural bank
Central bank
Commercial bank
Cooperative bank
15. Reserve Bank of India does not perform the role of -
Bank of Bank
Issue of Currency
Bank of Government
To accept money from public
16. In India, currency notes are issued by-
Finance Ministry
State Bank of India
Financial Secretary
Reserve Bank of India
17. In India, the bank which issued central currency is -
Bank of India
State Bank of India
Central Bank of India
Reserve Bank of India
18. Who is the first women Deputy Governor of Reserve Bank of India?
K.J. Udeshi
Pratibha Advani
Ranging Kumar
Kanchan Choudhary Bhattacharya
19. Which is the financial year of Reserve Bank of India?
January-December
April-March
July-June
October-September
20. Bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934 called__________.
Payments Bank
Scheduled bank
Non-scheduled banks
All of the above
21. Public sector banks are ___________
Payments Bank
Non-scheduled banks
Scheduled commercial banks
None of these
22. In finance and economics, a monetary authority is the entity which controls the__________
Finincial institution
Money supply of a given currency
Bank working and its Functionality
None of these
23. RBI runs a monetary museum, where is situated________________
Delhi
Karnataka
Maharashtra
Madhya Pradesh
24. RBI has launched a website to provides information about identifying fake currency.
https://www.rbi.org.in
https://www.rbi.org.com
https://paisaboltahai.rbi.org.in
https://paisaboltahai.rbi.org.com
25. The National Housing Bank (NHB) was established in ________
1987
1988
1989
1990
26. Capital Market Regulator is
RBI
BSE
SEBI
IRDA
27. IMPS stand for
Important Payment Service
Immediate Payment Service
Internet Money Payment Service
Internal Market Payment Service
28. Which of the following bank launches India's first Mobile ATM?
SBI
Axis Bank
ICICI Bank
HDFC Bank
29. India's first talking Automated Teller Machine (ATM) for visually impaired located in_________
Pune
Kolkata
New Delhi
Ahmedabad
30. Which of the following bank has launched mVisa a mobile-based payments solution?
SBI
ICICI Bank
HSBC Bank
Canara Bank
31. Name the country's first small finance bank which started its operations recently?
Utkarsh Micro Finance
Capital Local Area Bank
Ujjivan Financial Services
Disha Microfin Private Limited
32. Which Bank has opened its first branch in South Korea that is to play an important role in strengthening economic partnership between the two nations?
SBI
PNB
ICICI
HDFC
33. What is the minimum capital requirement for New Banks in the Private Sector?
Rs. 250 crore
Rs. 500 crore
Rs. 750 crore
Rs. 1000 crore
34. Many times we read a term "ECB" in financial newspapers. What is the full form of ECB?
External Credit and Business
Essential Credit and Borrowing
External Commercial Borrowing
Essential Commercial Borrowing
35. Which among the following banks has launched "Dhanchayat" an educational film to raise awareness on the dangers of borrowing money from unorganised sources?
SBI
Axis
ICICI
HDFC
36. What is the maximum monthly pension for the subscribers under Atal Pension Yojana?
Rs 2000
Rs 3000
Rs 4000
Rs 5000
37. If a company which is not a non - banking financial company wants to collect public deposits, it is governed by ___ Act:
RBI Act 1934
Companies Act 1956
Central Government
Banking companies Act
38. Which among the following has launched a Smart Humsafar Plan, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy?
LIC
NIACL
SBI Life
ICICI Prudential
39. Which country launched world first Facial recognition ATM?
US
China
Japan
Canada
40. Which type of machine is used by Business Correspondents?
POS
Micro ATMs
Solar empowered
Biometric Card Reader
41. Which among the following bank has tied up with Chinese ecommerce giant Alibaba to provide easier trade finance to small and medium enterprises (SMEs) in the country?
SBI Bank
Axis Bank
ICICI Bank
HDFC Bank
42. In India, conventionally, bonds are issued by institutions in ____ sector while debentures by corporate in ____ sector.
public, private
private, public
cooperative, NBFC
none of the above
43. What is the name of the platform launched by State Bank of India (SBI) that enables customers to book their foreign exchange transactions online?
SBI eforex
SBI eshare
SBI eonline
SBI emoney
44. In CDR, "R" stands for ____.
Ratio
Receipt
Reserve
Restructuring
45. The headquarter of NIIF(National Investment and Infrastructure Fund) will be located in ____.
Mumbai
Chennai
Bengaluru
New Delhi
46. Special Drawing Rights (SDRs) are international foreign exchange reserve assets issued by -
IMF
ADB
WTO
World Bank
47. Which of the following types of accounts are known as "Demat Accounts"?
Zero Balance Accounts
Accounts which are operated through internet banking facility
Accounts in which shares of various companies are traded in electronic form
Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
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