Multiple Choice Banking GK Questions Answers-Set 57

Welcome to www.micsecompetitivexam.com Banking GK section. Here we are posting Multiple Choice Banking GK Questions Answers-Set 57

 

1) The first physical branch of the Paytm Bank was opened in
A) Noida
B) Bengaluru
C) Gurugram
D) Hyderabad
E) Mumbai

2) The International Day of the Older Persons is observed every year on
A) Sep 29
B) Sep 30
C) Oct 1
D) Oct 2
E) Oct 10

3) “Tenge” is the name of the currency of which of the following countries?
A) Tajikistan
B) Kazakhstan
C) Uzbekistan
D) Kyrgyzstan
E) Turkemenistan

4) The SEBI has allowed REIT to raise capital by issuing debt securities. The term REIT means
A) Rough Estimate Investment Trusts
B) Rural Estate Investment trusts
C) Rural Estate Innovation Trusts
D) Rural Estate Innovation Trusts
E) None of these

5) Which of the following is NOT a term used in banking/finance?
A) FCCB
B) FEMA
C) Actuary
D) CRISIL
E) Cryogenic

6) We often come across the term BSBDA in financial newspapers. In the term BSBDA, what does letter “D” denote?
A) Deposit
B) Derived
C) Diversified
D) Dedicated
E) Discount

7) Which of the following is NOT directly related to the RBI?
A) Repo rate
B) CRR
C) LAF
D) SENSEX
E) Ombudsman

8) Which of the following is decided by the RBI?
A) Rate of inflation
B) GDP growth rate
C) Bank rate
D)Interest on savings deposit
E) None of these

9) Which of the following is an asset reconstruction company (ARC) operating in India?
A) ACRE
B) CIBIL
C) IBA
D) ASSOCHAM
E) BCSBI

10) Which of the following is NOT an electronic banking services delivery channel provided by the banks?
A) Business Correspondents
B) ATMs
C) Mobile Banking
D) Internet Banking
E) All the above

11) Which of the following provides insurance service to the deposits with the banks?
A) GIC Re
B) LIC of India
C) DICGC
D) ECGC
E) EXIM Bank

12) What is the limit of Foreign Direct Investment (FDI) at present in private banks?
A) 100%
B) 74%
C) 50%
D) 2%
E) 10%

13) Which of the following is not an instrument by monetary policy?
A) Change in import duty
B) Open market operation
C) Changes in bank rate
D) Change in CRR
E) None of the above

14) Which is the oldest public sector bank in India?
A) PNB
B) Axis Bank
C) Allahabad Bank
D) Central Bank of India
E) None

15) The term “Syndicate Loan” is in vogue these days. What is the meaning of the term “Syndicate Loan’?
A) It is the loan provided by the group of companies
B) It is the loan provided by the group of banks
C) It is an unsecured loan
D) It is a loan provided to a group of individuals
E) None

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Multiple Choice Banking GK Questions Answers-Set 57: Ans.

1. A)
2. C)
3. B)
4. C)
5. E)
6. A)
7. D)
8. C)
9. A)
10. A)
11. C)
12. B)
13. A)
14. C)
15. B)
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