Banking Awareness General Knowledge Mcq Set 1 General knowledge(GK) MCQs | Multiple choice questions and answers | Mock Tests | Practice Papers

Question:

 An account is classified as dormant/inoperative when no transactions are made during last

1.4 months

2.6 years

3.1 years

4.2 years

Question:

 In Banking terminology, NPA means

1.Non-Promise Account

2.Non-Personal Account

3.. Non-Performing Asset

4.Net-performing Asset

Question:

 Insurance service provided by various banks is commonly known as ______

1. Investment banking

2.Portfolio management

3.Merchant banking

4.Bancassurance

Question:

 ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20th July 2015. This full duration test was performed successfully at ______

1. Thumba, Kerala

2. Sriharikota, Andhra Pradesh

3.Chandipur, Odisha

4.Mahendragiri, Tamilnadu

Question:

 Loans up to _______ in other centers for purchase/construction of a dwelling unit per family under priority sector.

1.Rs. 20 lakh

2.Rs. 18 lakh

3.Rs. 15 lakh

4.Rs. 22 lakh

Question:

 New TRAI (Telecom Regulatory Authority of India) Chairman is _____

1.R. S. Sharma

2. K. V. Chowdary

3.. Prashant Pathrabe

4.Prof Sanghmitra Bandyopadhyay

Question:

 Press Freedom Day is observed on â€œ

1.1st May

2.3rd May

3. 21st May

4.31st May

Question:

 The 1,750MW Demwe mega-dam project is proposed to be built on _______ river.

1.MeghnaB. . .

2.Tapti

3.Brahmaputra

4.Lohit

Question:

 The ICC World Twenty 20 cup 2016 hosts by _________

1.India

2.Bangladesh

3. Sri Lanka

4.England

Question:

 The list of Important days given. Locate the correct option?

1.National Broadcasting Day - 23rd July

2.World Blood Donors Day - 14th June

3.National Doctor's Day - 1st July

4.All of the above

Question:

 Those amounts due to vendors or suppliers that must be paid within one year are known as ___________?

1.Debtors

2.Creditor

3.Accounts Payable

4.Current Assets

Question:

 Which of the following is NOT true when the interest rate in the economy goes up?

1.Saving increases

2.Lending decreases

3.Cost of production increases

4.Return on capital increases

Question:

 Which of the following is true about the functions performed by RBI? (i) It is the Bank of Issue (ii) It acts as banker to the Government (iii) It is the banker of other banks (iv) It regulates the flow of credit

1.Both (i) and (ii)

2.Both (iii) and (iv)

3.All are above

4.None of the above

Question:

 While opening an account for a minor, his date of birth should be recorded in:

1.Account opening form

2.Specimen signature card

3.ledger folio

4.All of the these

Question:

 Who works as RBI's agent at places where it has no office of its own?

1.State Bank of India

2.Ministry of Finance

3.Government of India

4.International Monetary Fund

Question:

. Loans to individuals for educational purposes including vocational courses up to _______ irrespective of the sanctioned amount are eligible for classification under priority sector.
A.

1.Rs. 5 lakh

2.Rs.10 lakh

3.Rs. 15 lakh

4.Rs 20 lakh

Question:

. Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as ______?

1.Account Receivable

2.Current Liabilities

3. Fixed Asset

4.None of the Above

Question:

A banking account cannot be open in the case of:

1.minors

2.illiterates

3. Physically handicapped person

4. undischarged insolvent

Question:

A bearer cheque can also be called as â€œ

1.Order cheque

2. Closed cheque

3. Open cheque

4.Crossed cheque

Question:

Bank loans up to a limit of ______ per borrower for building social infrastructure under priority sector.
A. .

1.Rs 1 crore

2.Rs 2 crore

3.Rs 3 crore

4.Rs 5 crore

Question:

Bank loans up to ____ per unit to Medium Enterprises under priority sector.
A.

1.Rs. 10 crore

2.Rs. 18 crore

3.Rs. 15 crore

4.Rs 20 crore

Question:

Bank loans up to ____ per unit to Micro and Small Enterprises under priority sector.

1.Rs. 1 crore

2.Rs. 2 crore

3.Rs. 3 crore

4.Rs. 5 crore

Question:

Commercial arm of ISRO is ______

1.ANTRAX

2.ANTRIX

3.ANTROXD

4.ANDROID

Question:

Father of Indian Missile Science" is ______
A.

1.A. P. J. Abdul Kalam

2.P. K. Iyengar

3.C. V. Raman

4. Sir Jagadish Chandra Bose

Question:

FDI stands for?

1.Foreign Diverse Investment

2. Foreign Dealers in India

3.Frequent Direct Interest

4.Foreign Direct Investment

Question:

For individual households, the loan limit is for renewable energy under priority sector ______ per borrower.
A.

1. Rs. 5 lakh

2. Rs.10 lakh

3. Rs. 15 lakh

4. Rs. 20 lakh

Question:

Loans to individuals up to ______ in metropolitan centers (with the population of ten lakh and above) under priority sector.

1.Rs. 25 lakh

2.Rs. 18 lakh

3.Rs. 15lakh

4.Rs. 28 lakh

Question:

On 25th July 2015, to ensure round the clock electricity supply to farmers and rural households, "Deen Dayal Upadhyaya Gram Jyoti Yojana" launched at _______

1.Suratgarh

2.Patna

3.Varanasi

4.New Delhi

Question:

Rate of interest is determined by:

1. The rate of return on the capital invested

2.Central Government

3. Liquidity preferences

4.Commercial Banks

Question:

Reserve Bank of India was nationalized in:

1.1946

2.1947

3.1948

4.1949

Question:

SEBI is a ________

1.Constitutional body

2.Statutory body

3.Non statutory body

4.Advisory body

Question:

Sugam' is a scheme launched for

1.Small tax payers

2.Pensioners getting old age pension

3.Big corporate houses

4.Getting all sorts of permission

Question:

The Reserve Bank of India was established on _______.

1. April 1, 1935

2.July 12, 1982

3. May 26, 2006

4.September 30, 2005

Question:

Trophy and Sport / Game event given, Pick the correct combination.

1.Cricket - ICC World Cup, Ashes cup, Ranji Trophy, Deodhar Trophy, Duleep Trophy, Irani Trophy

2.Football - FIFA cup, Durand Cup, Rovers Cup, Santosh Trophy, Subroto Cup

3.Hockey - Agha Khan Cup, Beighton Cup, Dhyan Chand Trophy, Murugappa Gold Cup

4.All of the above

Question:

Union Minister of State for Atomic Energy for Space is ___________

1.Piyush Goyal

2.Dr. Jitendra Singh

3. V. K. Singh

4.Maneka Gandhi

Question:

What does 'Nomination' for a deposit account in the bank mean?

1.Mandate was given by the close relatives of the depositor to settle the death claim in case of death of the depositor

2.Mandate decided by the bank to settle the death claim of its depositor

3.Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor

4.Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor

Question:

What does FII stands for?

1.Foreign Institutional Investor

2.France Institutional Investor

3.Forestry Innovation Investment

4. Foreign Indirect Investment

Question:

What does the letter 'L' denote in the term 'LAF' in the below-mentioned options, as referred every now and then in relation to the monetary policy of the RBI?

1.Liquidity

2.Liability

3.Leveraged

4.Longitudinal

Question:

What does the term B2B stand for in E-commerce?

1.It means trade between business to business

2. The deals between business to bank

3.It suggests transactions between banks and capitalists

4. All of the above

Question:

What is the full form of 'ULIP', the term which was in the news recently?

1.Universal Life & Investment Plan

2.Unit Loan & Investment Plan

3. Unit Linked Insurance Plan

4.Uniformly Loaded Investment Plan

Question:

When did the government acquire RBI's shareholding (72.5%) in NABARD?

1.. May, 2008

2.June, 2008

3. August, 2008

4.March, 2009

Question:

When did the Government initiate the process of amalgamation of RRBs in a phased manner?

1.September, 2005

2. March, 2009

3.June, 2009

4.March, 2010

Question:

When did the Government of India set up the Export-Import Bank of India?

1. January, 1982

2.January, 1993

3. March, 1971

4.June, 1969

Question:

When did the National Housing Bank start its operations?

1. July, 1982

2. July, 1988

3.April, 1980

4.March, 1971

Question:

When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

1. April 5, 2006

2.May 26, 2006

3. June 29, 2007

4.September 30, 2005

Question:

When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

1. April 5, 2006

2.May 26, 2006

3. June 29, 2007

4.September 30, 2005

Question:

Which bank was earlier called the "Imperial Bank of IndiaÂ?

1.RBI

2.SBI

3.UBI

4.PNB

Question:

Which of the following cannot be declared as insolvent?

1.Minors

2.LunaticsC

3.CorporationsD

4.All of these

Question:

Which of the following categories under priority sector?

1. Micro, Small and Medium Enterprises

2.Education

3.Housing

4.All of the above

Question:

Which of the following categories under priority sector?

1. Micro, Small and Medium Enterprises

2.Education

3.Housing

4.All of the above

Question:

Which of the following is NOT a banking related term?

1.Radiation

2.Outstanding Amount

3.Explicit Guarantee

4.Benchmark Prime Lending Rate

Question:

Which of the following schemes has been launched for providing health services in rural areas?

1.Operation Flood

2.Look East

3.SJSRY

4.ASHA

Question:

Which of the following schemes have been launched for the school-going children?

1.Lok Jumbish

2.Mid-Day Meal

3.AYUSH

4.SarvaShikshaAbhiyan

Question:

Which of the following would you accept as means of introduction of a savings/time deposit account?

1.A passport

2.Postal Identification card

3.Driving Licence

4.All of these

Question:

Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

1.State Bank of Hyderabad

2. State Bank of Indore

3.State Bank of Mysore

4.State Bank of Saurashtra

Question:

Who is the winner of Tour De France 2015?

1. Alejandro Belmonte (Spain)

2.Chris Froome (Kenyan born British)

3.Fabian Cancellara (Switzerland)

4.None of the above

Question:

__ is the amount a commercial bank needs to maintain in the form of cash, or gold or government approved securities (Bonds) before providing credit to its customers.

1.SLR

2.CRR Term

3.Deposit Rate

4.Call Money

Question:

_____ is the rate of interest which is levied on Long-Term loans and Advances taken by commercial banks from RBI

1.Fixed Interest Rate

2. Bank Rate

3.Fixed Deposit Rates

4. Repo Rate

Question:

_____ is the rate of interest which is levied on Short-Term loans taken by commercial banks from RBI.

1.Bank Rate

2. Reverse Repo Rate

3.Base Rate

4.Repo Rate

Question:

________ is the amount of cash funds that the banks have to maintain with RBI.

1.Mortgage Rate

2.Base Rate

3.Cash reserve Ratio

4. None of the above

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More MCQS

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General knowledge(GK)/Banking Awareness General Knowledge Mcq Set 1 Sample Test,Sample questions

Question: An account is classified as dormant/inoperative when no transactions are made during last

Question: In Banking terminology, NPA means

Question: Insurance service provided by various banks is commonly known as ______

Question: ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20th July 2015. This full duration test was performed successfully at ______

Question: Loans up to _______ in other centers for purchase/construction of a dwelling unit per family under priority sector.

Question: New TRAI (Telecom Regulatory Authority of India) Chairman is _____

Question: Press Freedom Day is observed on â€œ

Question: The 1,750MW Demwe mega-dam project is proposed to be built on _______ river.

Question: The ICC World Twenty 20 cup 2016 hosts by _________

Question: The list of Important days given. Locate the correct option?

Question: Those amounts due to vendors or suppliers that must be paid within one year are known as ___________?

Question: Which of the following is NOT true when the interest rate in the economy goes up?

Question: Which of the following is true about the functions performed by RBI? (i) It is the Bank of Issue (ii) It acts as banker to the Government (iii) It is the banker of other banks (iv) It regulates the flow of credit

Question: While opening an account for a minor, his date of birth should be recorded in:

Question: Who works as RBI's agent at places where it has no office of its own?

Question: . Loans to individuals for educational purposes including vocational courses up to _______ irrespective of the sanctioned amount are eligible for classification under priority sector. A.

Question: . Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as ______?

Question: A banking account cannot be open in the case of:

Question: A bearer cheque can also be called as â€œ

Question: Bank loans up to a limit of ______ per borrower for building social infrastructure under priority sector. A. .

Question: Bank loans up to ____ per unit to Medium Enterprises under priority sector. A.

Question: Bank loans up to ____ per unit to Micro and Small Enterprises under priority sector.

Question: Commercial arm of ISRO is ______

Question: Father of Indian Missile Science" is ______ A.

Question: FDI stands for?

Question: For individual households, the loan limit is for renewable energy under priority sector ______ per borrower. A.

Question: Loans to individuals up to ______ in metropolitan centers (with the population of ten lakh and above) under priority sector.

Question: On 25th July 2015, to ensure round the clock electricity supply to farmers and rural households, "Deen Dayal Upadhyaya Gram Jyoti Yojana" launched at _______

Question: Rate of interest is determined by:

Question: Reserve Bank of India was nationalized in:

Question: SEBI is a ________

Question: Sugam' is a scheme launched for

Question: The Reserve Bank of India was established on _______.

Question: Trophy and Sport / Game event given, Pick the correct combination.

Question: Union Minister of State for Atomic Energy for Space is ___________

Question: What does 'Nomination' for a deposit account in the bank mean?

Question: What does FII stands for?

Question: What does the letter 'L' denote in the term 'LAF' in the below-mentioned options, as referred every now and then in relation to the monetary policy of the RBI?

Question: What does the term B2B stand for in E-commerce?

Question: What is the full form of 'ULIP', the term which was in the news recently?

Question: When did the government acquire RBI's shareholding (72.5%) in NABARD?

Question: When did the Government initiate the process of amalgamation of RRBs in a phased manner?

Question: When did the Government of India set up the Export-Import Bank of India?

Question: When did the National Housing Bank start its operations?

Question: When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

Question: When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

Question: Which bank was earlier called the "Imperial Bank of IndiaÂ?

Question: Which of the following cannot be declared as insolvent?

Question: Which of the following categories under priority sector?

Question: Which of the following categories under priority sector?

Question: Which of the following is NOT a banking related term?

Question: Which of the following schemes has been launched for providing health services in rural areas?

Question: Which of the following schemes have been launched for the school-going children?

Question: Which of the following would you accept as means of introduction of a savings/time deposit account?

Question: Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

Question: Who is the winner of Tour De France 2015?

Question: __ is the amount a commercial bank needs to maintain in the form of cash, or gold or government approved securities (Bonds) before providing credit to its customers.

Question: _____ is the rate of interest which is levied on Long-Term loans and Advances taken by commercial banks from RBI

Question: _____ is the rate of interest which is levied on Short-Term loans taken by commercial banks from RBI.

Question: ________ is the amount of cash funds that the banks have to maintain with RBI.

More MCQS

R4R Team

Question:
An account is classified as dormant/inoperative when no transactions are made during last

Question:
In Banking terminology, NPA means

Question:
Insurance service provided by various banks is commonly known as ______

Question:
ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20th July 2015. This full duration test was performed successfully at ______

Question:
Loans up to _______ in other centers for purchase/construction of a dwelling unit per family under priority sector.

Question:
New TRAI (Telecom Regulatory Authority of India) Chairman is _____

Question:
Press Freedom Day is observed on â€œ

Question:
The 1,750MW Demwe mega-dam project is proposed to be built on _______ river.

Question:
The ICC World Twenty 20 cup 2016 hosts by _________

Question:
The list of Important days given. Locate the correct option?

Question:
Those amounts due to vendors or suppliers that must be paid within one year are known as ___________?

Question:
Which of the following is NOT true when the interest rate in the economy goes up?

Question:
Which of the following is true about the functions performed by RBI? (i) It is the Bank of Issue (ii) It acts as banker to the Government (iii) It is the banker of other banks (iv) It regulates the flow of credit

Question:
While opening an account for a minor, his date of birth should be recorded in:

Question:
Who works as RBI's agent at places where it has no office of its own?

Question:
. Loans to individuals for educational purposes including vocational courses up to _______ irrespective of the sanctioned amount are eligible for classification under priority sector. A.

Question:
. Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as ______?

Question:
A banking account cannot be open in the case of:

Question:
A bearer cheque can also be called as â€œ

Question:
Bank loans up to a limit of ______ per borrower for building social infrastructure under priority sector. A. .

Question:
Bank loans up to ____ per unit to Medium Enterprises under priority sector. A.

Question:
Bank loans up to ____ per unit to Micro and Small Enterprises under priority sector.

Question:
Commercial arm of ISRO is ______

Question:
Father of Indian Missile Science" is ______ A.

Question:
FDI stands for?

Question:
For individual households, the loan limit is for renewable energy under priority sector ______ per borrower. A.

Question:
Loans to individuals up to ______ in metropolitan centers (with the population of ten lakh and above) under priority sector.

Question:
On 25th July 2015, to ensure round the clock electricity supply to farmers and rural households, "Deen Dayal Upadhyaya Gram Jyoti Yojana" launched at _______

Question:
Rate of interest is determined by:

Question:
Reserve Bank of India was nationalized in:

Question:
SEBI is a ________

Question:
Sugam' is a scheme launched for

Question:
The Reserve Bank of India was established on _______.

Question:
Trophy and Sport / Game event given, Pick the correct combination.

Question:
Union Minister of State for Atomic Energy for Space is ___________

Question:
What does 'Nomination' for a deposit account in the bank mean?

Question:
What does FII stands for?

Question:
What does the letter 'L' denote in the term 'LAF' in the below-mentioned options, as referred every now and then in relation to the monetary policy of the RBI?

Question:
What does the term B2B stand for in E-commerce?

Question:
What is the full form of 'ULIP', the term which was in the news recently?

Question:
When did the government acquire RBI's shareholding (72.5%) in NABARD?

Question:
When did the Government initiate the process of amalgamation of RRBs in a phased manner?

Question:
When did the Government of India set up the Export-Import Bank of India?

Question:
When did the National Housing Bank start its operations?

Question:
When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

Question:
When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?

Question:
Which bank was earlier called the "Imperial Bank of IndiaÂ?

Question:
Which of the following cannot be declared as insolvent?

Question:
Which of the following categories under priority sector?

Question:
Which of the following categories under priority sector?

Question:
Which of the following is NOT a banking related term?

Question:
Which of the following schemes has been launched for providing health services in rural areas?

Question:
Which of the following schemes have been launched for the school-going children?

Question:
Which of the following would you accept as means of introduction of a savings/time deposit account?

Question:
Which subsidiary bank was merged with the State Bank of India on August 13, 2008?

Question:
Who is the winner of Tour De France 2015?

Question:
__ is the amount a commercial bank needs to maintain in the form of cash, or gold or government approved securities (Bonds) before providing credit to its customers.

Question:
_____ is the rate of interest which is levied on Long-Term loans and Advances taken by commercial banks from RBI

Question:
_____ is the rate of interest which is levied on Short-Term loans taken by commercial banks from RBI.

Question:
________ is the amount of cash funds that the banks have to maintain with RBI.