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Bank Mcq Question Set 2

Choose a topic to test your knowledge and improve your BANK skills

India is a member of the International Monetary Fund since _____.





βœ… Correct Answer: 2

Which of the following is true about the restrictions on RBI?





βœ… Correct Answer: 4

When did the Reserve Bank of India notify the draft regulations relating to the Credit Information Companies (Regulation) Act, 2005?





βœ… Correct Answer: 2

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





βœ… Correct Answer: 2

According to which guidelines did the Government pick up the entire SBI shares held by the RBI?





βœ… Correct Answer: 4

When did the Government appoint for transfer of stake?





βœ… Correct Answer: 4

What is the full form of CBS?





βœ… Correct Answer: 3

Which among the following is the act of taking on a risk for a fee?





βœ… Correct Answer: 2

Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?





βœ… Correct Answer: 1

Which of the following are to be followed by Commercial Banks for risk management?





βœ… Correct Answer: 2

What is the full form of CRR?





βœ… Correct Answer: 3

What is the full form of NDTL?





βœ… Correct Answer: 2

Which one of the following is known as the recession occurring two times with a small gap in between?





βœ… Correct Answer: 4

"Basel Committee on Banking Supervision"οΏ½ is also known as ___________________________.





βœ… Correct Answer: 4

What is the full form of NAV?





βœ… Correct Answer: 1

What is the full form of SWIFT?





βœ… Correct Answer: 4

Which of the following is known as the concept of a standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price?





βœ… Correct Answer: 2

Which one of the following set up core banking infrastructure for rural banks?





βœ… Correct Answer: 4

Which organization provides credit history of the borrowers?





βœ… Correct Answer: 4

Which is a tool that helps RBI to stabilize money supply and prices of Government securities?





βœ… Correct Answer: 2

Who regulates the Mutual Funds in India?





βœ… Correct Answer: 3

οΏ½What is a Lease?





βœ… Correct Answer: 1

What is Factoring?





βœ… Correct Answer: 4

Which one of the following is called as initial repayment holiday given to a borrower for repayment of loan?





βœ… Correct Answer: 1

Which of the following are Bank advances of a Bank?





βœ… Correct Answer: 4

Which of the following are benefited through the Reserve mortgage scheme?





βœ… Correct Answer: 2

Which of the following are the amounts owed to a company that are not going to be paid?





βœ… Correct Answer: 1

Whom with Primary Dealers deal in both primary and secondary markets?





βœ… Correct Answer: 4

What will be the impact if Reserve Bank of India reduces the Bank Rate by 1%?





βœ… Correct Answer: 2

What is the full form of IRR?





βœ… Correct Answer: 3

Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?





βœ… Correct Answer: 3

Which one of the following is known as the real return to the investor getting reduced due to sudden rise in the prices of the commodities?





βœ… Correct Answer: 2

Which of the following is the correct definition of Hot Money?





βœ… Correct Answer: 2

What will bank customers pay for using safe deposit locker facilities?





βœ… Correct Answer: 1

Which one of the following is known as a Savings Bank Account opened with a commercial bank with zero balance or very minimal balance?





βœ… Correct Answer: 1

What is Mortgage?





βœ… Correct Answer: 2

Which is the minimum lending rate decided by RBI which shall be adopted by all Public Sector Banks?





βœ… Correct Answer: 2

Which one of the following depicts the financial position of a bank or business enterprise at a given point of time?





βœ… Correct Answer: 2

What is the full form of FIMMDA?





βœ… Correct Answer: 2

Which one of the following provides banking services to all villages having a population upto 2000?





βœ… Correct Answer: 1

What is the full form of FSDC?





βœ… Correct Answer: 2