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Tuesday 6 February 2024

INDIA- BANKING - MCQs

 

INDIA- BANKING SECTOR







1. ____________ is the oldest bank in India in continuous operation (since 1806). (a) Punjab National Bank (c) Karur Vyasya Bank 

(b) State Bank of India ( ) (d) Bank of Hindustan 

2. The __________ is India’s central bank and is pivotal in regulating the banking sector. (a) State Bank of India (SBI) (c) Reserve Bank of India (RBI) ( ) (b) Hindustan Bank (HB) (d) Bank of India (BI) 

3. With a view to enhance banking access to underserved population, the Government of  India has recently launched the _____________ scheme. 

(a) Mudra Bank (c) Jan Arogya Yojana 

(b) Ayushman Bharat (d) Jan Dhan Yojana (

4. In 1947, on Rupee was equal to _____________ Annas. 

(a) 16 ( ) (c) 24 

(b) 12 (d) 8 

5. Which is the first bank in India which was purely managed by Indian? (a) IDFC Bank (c) State Bank of India 

(b) ICICI Bank (d) Punjab National Bank (

6. During the ___________ period, coins depicting Ram and Sita were issued in both gold  and silver. 

(a) Maurya (c) Pallava 

(b) Satavahana (d) Moghul (

7. In India, currency coins are minted at __________ mints by Security Printing and  Minting Corporation of India Limited (SPMCIL). 

(a) Twelve (c) Six 

(b) Nine (d) Four (

8. _____________ is the slogan / tag line of ICICI Bank. 

(a) We Understand Your World (c) Hum Hai Naa… (

(b) Pur Banking Nothing Else (d) Good People to Bank With 9. Security Paper Mill was established in 1968 at ___________ in Madhya Pradesh to  make papers for bank notes. 

(a) Itarsi (c) Babina 

(b) Hoshangabad ( ) (d) Jabalpur 

10. A loan or an advance, where the interest due and/or instalment of principal remain  overdue for more than _________ days is called a Non-Performing Asset (NPA). (a) 60 (c) 120 

(b) 90 ( ) (d) 180

112 

11. _____________ is the Central bank of USA. 

(a) Federal Reserve ( ) (c) Central Bank of America (b) United Central Bank (d) Bank of America 

12. ___________ is the largest bank in India. 

(a) HDFC Bank (c) State Bank of India ( ) (b) ICICI Bank (d) Bank of Baroda 

13. The slogan of Life Insurance Corporation of India (LIC) is _______________. (a) Prithvi, Agni, Jal, Akash, Sab ki Suraksha Hamare Paas 

(b) Jiyo Befikar 

(c) Yogakshemam Vahamyaham (

(d) Jeevan Suraksha ka Naya Nazariya 

14. In India, there are ___________ printing presses where the currency notes are printed. (a) Four ( ) (c) Six 

(b) Nine (d) Two 

15. The HQ of Asian Development Bank (ADB) is located in _____________ (country). (a) Philippines ( ) (c) China 

(b) Singapore (d) Bangladesh 

16. Reserve Bank of India was created in the year ________________. (a) 1935 ( ) (c) 1947 

(b) 1950 (d) 1965 

17. The proportion of liabilities which banks in India are required to hold in the form of  cash, which is deposited with RBI is called _______________. 

(a) Cash Reserve Ratio (CRR) ( ) (c) Capital Adequacy Ratio (CAR) (b) Statutory Liquidity Ratio (SLR) (d) Repo Rate 

18. The reduction in the value of money over a period of time is called _____________. (a) Inflation ( ) (c) Recession 

(b) Deflation (d) Depression 

19. The HQ of World bank is located at ______________ in the USA. 

(a) Boston (c) Atlanta 

(b) New York (d) Washington DC (

20. There are total of ___________ Regional Rural Bank (RRBs) under the State Bank of  India (SBI). 

(a) 25 (c) 7 

(b) 9 (d) 14 (

21. The HQ is BRICS Bank is located at ______________. 

(a) Johannesburg (c) Shanghai (

(b) Moscow (d) Brasilia

22. The full form of KYC in banking terms is _______________. 

(a) Know Your Consumer (c) Know Your Customer ( ) (b) Keep Your Currency (d) Know Your Contractor 23. The rate at which a bank sells a security to the RBI to raise money is called  ________________. 

(a) Sweep Rate (c) Repo Rate (

(b) Central Encashment Rate (d) Borrowing Rate 

24. ____________ enables customers to operate their accounts, and avail banking services  from any branch of the Bank. 

(a) Seamless banking (c) Internet Banking 

(b) Easy Banking (d) Core Banking (

25. ____________ is a major financial institution of the United Nations. (a) United Nations Capital Assistance Fund 

(b) International Monetary Fund (

(c) World Bank 

(d) UN Central Bank


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