Most expected Banking awareness MCQS

Most expected Banking awareness mcq



Q1:- Which among the following is the world’s largest foreign exchange market?
  1. New York
  2. London
  3. Tokyo
  4. Moscow


Ans:- London



Q2:-  In which year the first bank ” Bank of Hindustan” was established?
  1. 1980
  2. 1880
  3. 1770
  4. 1870
Ans:- 1770

Q3:- Which of the following bank to be wholly owned and run by Indians?
  1. Central Bank of India
  2. Allahabad Bank
  3. Bank of India
  4. ICICI Bank

Ans:- Central Bank of India


Q4:- The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016 was recently given legal backing by Supreme Court. This act was passed in Lok Sabha as a ______:

  1. Money Bill
  2. Ordinary Bill
  3. Financial Bill
  4. None of the above

Ans:- Money Bill


Q5:- Which of the following is the first Aadhaar gram in India?
  1. Bhaglapur
  2. Tembhli
  3. Akola
  4. None of the above

Ans:- Tembhli


Q6:- The PCR will collect data from which of the following entities?
  1. SEBI
  2. Goods & Services Network
  3. Insolvency and Bankrupcy Board of India
  4. All of the above

Ans:- All of the above

Q7:- Which of the following correctly define the Foreign Exchange (Forex) Market?

  1. It is a market where only foreign currency is used
  2. It is a physical Market where only foreigners are allowed
  3. It is a market where foreign currencies are bought and sold simultaneously.
  4. None of the above

Ans:- It is a market where foreign currencies are bought and sold simultaneously.


Q8:- Which of the best defines the exchange rate?

  1. It is the price at which one country’s currency is expressed in another country’s currency
  2. It is a price at which Foreign money is exchanged at counters
  3. All of the above
  4. None of the above

Ans:-It is the price at which one country’s currency is expressed in another country’s currency


Q9:- According to FERA, Foreign Exchange includes which of the following?
  1. Traveler’s cheque
  2. Letters of credit
  3. Bill of Exchange expressed or drawn in Indian currency
  4. All of the above

Ans:- All of the above


Q10:- In investing its Foreign Assets,RBI is guided by three principles. which of the following are those principles?

  1. Safety
  2. Liquidity
  3. Return
  4. All of the above

Ans:- All of the above

……….*………………*………………*………….*…..
 

Leave a Reply

Your email address will not be published. Required fields are marked *