Banking Awareness MCQ Questions Answers


11) Which temple in India has opened up a Demat account to accept donations from devotees in the form of shares and securities?

a. Shirdi Sai Temple
b. Tryambkeshwar Temple
c. Vaisho Devi Temple
d. Tirumala Venkateswara Temple

View Answer
Option – d)


12) Who has been appointed as the new Finance Secretary on 31st Aug’15?

a. L C Goyal
b. Rajiv Mehrishi
c. Ratan P Watal
d. Shaktikanta Das

View Answer
Option – c)


13) Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India?

a. SIDBI
b. NABARD
c. MUDRA
d. EPFO

View Answer
Option – b)


14) The Reserve Bank of India will transfer its surplus profit of 65,896 crore rupees to the Centre. This amount is ___ percent higher than previous year.

a. 5%
b. 19%
c. 25%
d. 33%

View Answer
Option – c)


15) Name the committee to recommend that granting relief to FIIs on Minimum Alternate Tax (MAT) will be a positive thing for the market?

a. C Rangarjan Committee
b. Bimal Jalan Committee
c. AP Shah Committee
d. K N Desai Committee

View Answer
Option – c)


16) CRR refers to the share of _____ that rural banks have to maintain with RBI of their net demand and time liabilities ?

a) Liquid cash

b) Gold

c) Forex reserves

d) Illiquid cash

View Answer
Option – a)


17) Which of the following statement is true about Bank?

a) Banks can accept only time deposit from public

b) Banks can accept only demand deposit from public

c) Banks can accept both demand and time deposit from Public

d) Banks can accept demand and time deposit from Government only

e) Banks cannot accept demand and time deposit from Public

View Answer
Option – a)


18) Name the micro finance company that becomes the first to start operation as a commercial bank?

a. Pay Tm Bank
b. Vodafone m-Pisa Bank
c. Yes Bank
d. Bandhan Bank

View Answer
Option – d)


19) The headquarter of ONICRA is _________.

a. Mumbai
b. Gurugram
c. Hyderabad
d. Noida

View Answer
Option – b)

Thank You!!