Most expected banking awareness mcqs
Most expected banking awareness quiz
Q1:- The Ombudsman scheme for Non-Banking Financial companies has introduced under which section of the Reserve Bank of India Act,1934?
- Section 46A
- Section 45L
- Section 48C
- Section 44A
Ans:- Section 45L
Q2:- An account of a bank holds with another bank in foreign country in the foreign currency is known as ______.
- NRO Account
- NOSTRO Account
- BOI Account
- None of the above
Ans:-NOSTRO Account
Q3:- What is the Full form of” EMI” frequently used term in banking operations?
- Equal Monthly Interest
- Equated Monthly Installment
- Equally Monthly Interest
- None of the above
Ans:- Equated Monthly Installment
Q4:- AU Small Finance Bank is headquartered in _______.
- Jaipur, Rajasthan
- Varanasi,Uttar Pradesh
- Mumbai, Maharshtra
- None of the above
Ans:-Jaipur, Rajasthan
Q5:- FCNR(B) Account can be held in the form of a term deposit. What is the maximum term limit for those accounts?
- 15 years
- 12 years
- 5 years
- 8 tears
Ans:- 5 years
Q6:- Which of the following committee recommended for setting up of National Bank for Agriculture and Rural Development?
- Balwant Rai Mehta
- S Nagalingam
- B Sivarman
- None of the above
Ans:- Balwant Rai Mehta
Q7:- FRA is contract between parties that determines the rate of interest to be paid .In FRA, ‘F’ denotes______.
- Financial
- Facility
- Forward
- None of the above
Ans:- Forward
Q8;- Which of the following is headquarted in Mumbai?
- RBL Bank
- Punjab National Bank
- Federal Bank
- None of the above
Ans:- RBL Bank
Q9:- Which of the following is headquarted in Manipal ?
- Federal Bank
- RBL Bank
- Syndicate Bank
- None of above
Ans:- Syndicate Bank
Q10:- CAMELS is a rating system is a recognized international rating system . In CAMELS, ‘M’ denotes.
- Machine
- Management
- Money
- None of the above
Ans:- Management
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