BANK MCQ Quiz Hub

1. KYC means
Know your Company
Know your Customer
Know your Currency
None of the these

2. ndia recently signed an agreement with which of the following countries to end a long pending Border Dispute?
Pakistan
China
Myanmar
Bangladesh

3. Banks cannot do the following business?
accept demand and time deposits from public.
accept items for keeping in safe custody
buy commodities for trading
sell gold coins.

4. The maximum amount of the total Revenue earned by the government of India comes from
Income Tax
Customs Duty
Excise Duty
Value Added Tax

5. Financial Inclusion' is the latest powerful tool adopted by Reserve Bank of India. to fulfill the basic objective of A. uplifting of population lying Below Poverty LineB. Connecting every Indian to the Country's Banking SystemC. Ensuring bank finance to all the landless agriculturists. D. Overall financial growth backed by inflation control
Financial Inclusion' is the latest powerful tool adopted by Reserve
Connecting every Indian to the Country's Banking System
Ensuring bank finance to all the landless agriculturists.
Overall financial growth backed by inflation control

6. Which Bank is the Banker to the Central Government?
Central Bank of India
Reserve Bank of India
Punjab National Bank
State Bank of Inid

7. The higher rate of growth of economy certainly reduces the
Gender inequalities
Population of a country
Flow of foreign direct investment
None of These

8. Which of the following is one of the States in India where unemployed youths are paid Unemployment Allowance?
West Bengal
Madhya Pradesh
Uttar Pradesh
Punjab

9. RBI's policy stance to manage interest and liquidity are used for
Moderate inflation and maintain economic growth
Moderating competition among private and public sector banks
Eradicate un-employment in public sector
Moderate currency supply in public hands

10. The Prime Minister of India visited which of the following 'Latest Developed Countries' in Indian sub-continent in May 2011 and agreed to provide US $2 billion, as financial aid to it?
Afghanistan
Pakistan
Myanmar
Sri Lanka

11. Who among the following is a famous Cricket player of international repute?
Novak Djokovic
Bob Biryan
Andy Roddick
Andy Murray

12. Who among the following is Union Minister of Agriculture at present?
Sri A. K. Antony
Dr. Farooq Abdullah
Sri Jaipal S. Reddy
None of these

13. Which of the following awards is given for the excellence in field of Cinema?
Kalidas Samman
S.S. Bhatnagar Award
Golden Pen Award
Dada Saheb Phalke Award

14. Which of the following is the over all Literacy Rate of India (Census 2011) (Approximately)?
68%
74%
78%
82%

15. In India the interest rate on savings bank accounts in all nationalized commercial blanks is fixed by
Union Ministry of Finance
Indian Banks Association
Reserve Bank of India
All the banks decide together

16. What is Repo Rate?
It is a rate at which RBI sells government securities to banks
t is a rate at which RBI allows small loans in the market
It is a rate which is offered by Banks to their most valued customers or prime customers
None of These

17. Sri N. Rangaswamy who took over as the Chief Minister of Puducherry after elections in 2011 belongs to which of the following political parties?
CPM
BJP
BSP
All India N. R. Congress

18. NPA in banking terminology denotes
New Para-banking Assets
Net Profitable Assets
Net Performing Assets
Non-Performing AssetsE. New Pension Act

19. Space Agency of which of the following countries put GSAT-12, a Communication Satellite in the orbit recently?
USA
France
China
India

20. When a customer draws a cheque on a bank
It is mandate on that bank to pay
it is a mandate on the Government of India to pay.
it is a mandate on the State Government to pay
it is mandate on the RBI to pay

21. A nationalized bank is also called by the following name?
Private Sector Bank
Self Help Group
Cooperative Bank
Public Sector Bank

22. Nomination' for a deposit account in the bank means
Mandate given by the close relative/s of the depositor, to settle the death claim in case of death of the depositor
Mandate decided by the bank to settle the death claim of its depositor
Mandate of the depositor in favour of one or more persons, to claim the amount on death of the depositor
Mandate of the depositor in favour of a close relative who can claim the amount on death of the depositor.

23. The top military bosses of which of the following nations recently resigned en mass to pave way for a Democratic Government in the nation?
Turkey
Pakistan
Afghanistan
None of these

24. In the following accounts operation by cheques is permitted
Savings bank accounts and fixed deposit accounts
Current accounts and fixed deposit accounts.
Savings bank accounts and floating loan accounts.
Savings bank accounts and cash accounts.

25. India won the President's Cup Volley Ball tournaments final 2011 by defeating
Turkey
Russia
Tunisia
Kazakhstan

26. Dipika Kumari who won a Gold Medal in an International Championship is associated with which of the following games?
Tennis
Chess
Badminton
Archery

27. Which of the following Awards has been given to 'Gagan Narang' in 2011
Kirti Chakra
Rajiv Gandhi Khel Ratna
Both A & B
None of These

28. Bulls and Bears' are terms used in
Bullion markets
Vegetable markets
Stock Exchange
Commodity Markets

29. Which of the following terms is used in the game of Football?
LBW
Spin
Touch Down
Kidney Punch

30. What does the letter 'S' denote in the term 'SEZ' as seen frequently in financial newspapers?
Small
Social
Secondary
Special

31. Who has taken over as the new President of Singapore recently?
Tony Tan
yoshihiko Noda
Lmine Diack
None of these

32. Real Time Gross Settlement or RTGS enables
Immediate transfer of money from customer of one bank to customer of another bank.
Immediate transfer of money from customer of one branch to customer of another branch within the same bank.
Immediate transfer of money from customer of one country to customer of another country
Immediate transfer of money from customer of one bank to customer of RBI.

33. The Headquarters of the International Atomic Energy Agency is located in
Manila
Vienna
Washington DC
London

34. Which of the following is a Private Bank in India?
Union Bank of India
IDBI Bank
UCO Bank
HDFC Bank

35. What is the Currency of Iran?
Dinar
Euro
Rial
Taka

36. Travellers cheque is
a supplementary credit card.
a cheque issued by a bank or finance institution which functions as capital
a cheque issued by a bank or finance institution which functions as a bond
a prepaid instrument issued by a bank or finance institution which can be substitute of cash

37. Which of the following is a program launched by the Government of India aimed at providing good 'Health Services' in rural areas?
ASHA
Mid Day Meal
Kutir Jyoti
Swabhiman

38. Which of the following is NOT a member of Organisation of Petroleum Exporting countries(OPEC)?
Iran
Kuwait
Libya
China

39. Mortigage is a security created on
movable property for a loan given by a bank
immovable property for a deposit received by a bank.
a confirmation of immovable property given by a bank.
immovable property for a loan given by a bank

40. Which of the following books is written by Chetan Bhagat?
A Himalayan Love Story
Revolution 2020
My Life
A Bend in the River

41. Which Cup/Trophy is associated with the game of Hockey?
Dhyanchand Trophy
Davis Cup
Merdeka Cup
Wimbledon Trophy

42. Which of the following is an international Credit Rating Agency and was recently in news?
UNDP
Standard & Poor's
UnCTAD
BNP Paribas

43. What is the full form of the name 'ILO' an agency of the United Nations?
International Labour Organisation
International Legal Organisation
Indian Labour Organisation
Information & Leagal Organisation

44. For using safe deposit locker facilities, bank customers pay
commission on locker
interest on locker
rent on locker
safe custody charges

45. ho among the following is known as the 'Father of Green Revolution in India'?
Dr. M. S. Swaminathan
Dr. Amartya Sen
Dr. Kurien Vegheese
Dr. Homi Bhabha

46. Which of the following is called a 'Cash Crop'?
Jowar
Paddy
Bajra
sugarcane

47. Nirupama Rao is appointed as India's Ambassador to
Australia
UK
Russia
USAE. China

48. Which of the following days is observed as Teacher's Day in India?
5th Octomber
5th November
5th September
15th November

49. Which rivers flow between India and China?
Ganga
Narmada
Brahmapura
Krishna