BANK MCQ Quiz Hub

Bank Mcq Question Set 10

Choose a topic to test your knowledge and improve your BANK skills

1. India's first International Financial Services Centre opened at _____.




2. Reserve Bank of India (RBI) has decided to issue _____denomination coins to commemorate International Yoga Day which is being observed every year on 21 June.




3. According to the recommendation of the 14th Finance Commission, the Share of states in the centre's tax revenue is increased from 32% to _____.




4. A customer desiring to do permitted banking transactions through ATM needs to have -




5. Debit card-




6. Which of the following steps is not required by the user for withdrawing money from ATM?




7. Credit cards are of standard size and thickness and are embossed with the following details -




8. What are the various means of Electronic Payment Systems?




9. What are the facilities available to the customers through ATM?




10. ATM cards are issued to a person who maintains any of following accounts with the bank -




11. The Basic Committee has defined capital in two Tiers (Tier-I and Tier-II). Tier-I capital is known as -




12. Tier-II capital consists of




13. The Life Insurance Corporation Of India has how many Zonal offices in India ?




14. �How many banks were nationalized in 1969?




15. Resurgent India Bonds were issued in US dollar, Pound Sterling and ______________




16. �CRR funds are kept by the Banks in.........?




17. The interest on recurring deposit is paid on the basis of -




18. Which of the following is not an imperfect note?




19. When bank accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as.....?




20. Issuing credit cards is a component of -




21. Certificate of deposits have a minimum value of......?




22. CAPART is associated with which of the following?




23. A loan bearing low rate of interest is known as ........?




24. When the loan is guaranteed for purchase of white goods it is called......?




25. Which of the following is known as narrow money?




26. Which of the following section defines offence of money laundering?




27. What is the notified amount for the auction of 364-day treasury bill?




28. Which among the following is an unsecured promissory notes?




29. One can enjoy the overdraft facility in:




30. _______ is known as the commercial capital of India.




31. Indian Financial Network [INFINET] is the :-




32. To restrict expansion of credit, the Reserve Bank :-




33. Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements as measures of credit control are classified as :-




34. Which of the following fall under the qualitative method of credit control adopted by Reserve bank of India:-




35. By crossing we mean :-




36. A Bank would usually allow opening of a current account to _________?




37. As a bank officer, you shall not open a _____ account in the name of minor customer?




38. The salient features of Bank, defined in terms of Banking Regulation Act stipulate that a bank must engage in ________?




39. In order to provide protection to the deposits held with banks and insurance for a minimum of their deposits with Banks, the following Institution was established _______?




40. What matters most during a run on the bank, is _______?




41. For a scheduled bank the paid up capital and collected funds of bank should not be less than ______?




42. What is the stipulated share of the priority sector in the net bank credit?




43. Which among the following is the first universal bank of India?




44. Which of the following is the best option to park money for a long period of time to earn a high rate of interest?




45. Which of the following is not classified as a commercial Bank ?




46. Credit risk to the bank is high from which of these card -




47. Who among the following is the responsible person to decide the quantity of the coins to be minted?




48. Which of the following methods is currently used in India to issue note?




49. Under Bretton Woods System, as a member of IMF, India declared its par value of rupee in terms of______.