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Banking Awareness and SEBI mcq questions and answers for competitive exams

Ramya_naidu

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Banking Awareness and SEBI mcq questions and answers for competitive exams UPSC SSC , SSC CGL, SSC CHSL, upsc Civils , Entrance exams Online test practice online free Quiz, mock practice online
16.
A scheduled bank must be

a
An institution notified by GOI
b
A company as defined by companies act, 2013
c
A corporative or company incorporated by any law in force in any place in India
d
All of the above
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17.
India is a member of the International Monetary Fund since

a
1945
b
1947
c
1949
d
1952
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18.
A customer desiring to do permitted banking transactions through ATM needs to have -

a
ATM card or debit card/credit card (if compatible with the ATM function)
b
Personal identification number (PIN), allotted by the bank while issuing ATM /Debit card/credit card
c
Both (a) and (b)
d
Smartphone
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19.
Expand AEPS in terms of banking.

a
Aadhaar-enabled Payment Service
b
Aadhaar-enabled promotion scheme
c
Aadhaar-enabled Payment system
d
Automated engineered payment service
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20.
Which among the following has launched a Smart Humsafar Plan, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy?

a
LIC
b
NIACL
c
SBI Life
d
ICICI Prudential
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21.
The New Capital Adequacy Frame work prescribed for the banks is commonly known as?

a
KYC norms
b
Credit Policy
c
Fiscal Policy
d
Basel accord
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22.
India is a member of the International Monetary Fund (IMF) since

a
1934
b
1947
c
1949
d
1952
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Discuss
23.
Which one of the following is a set of statutes enacted to provide consistency among the States' commercial laws?

a
ARC
b
NSC
c
UCC
d
AIRSCS
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Discuss
24.
Who was the first Indian Governor of RBI?

a
C.D. Deshmukh
b
K. G. Ambegaonkar
c
Benegal Rama Rau
d
R. K. Shanmukham Chetty
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25.
Which of the following defines 'Para Banking' services?

a
Utility services provided by banks
b
Eligible financial services rendered by banks
c
Services provided to armed forces personnel
d
Services provided through business correspondents
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26.
The ownership structure of Regional Rural Banks (RRBs) comprises of:

a
Central Govt., State Govt. and Sponsor Bank
b
Sponsor Bank, Reserve Bank of India and NABARD
c
Central Govt., State Govt., Reserve Bank of India (RBI)
d
Sponsor Bank, Reserve Bank of India (RBI) and State Govt.
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27.
Demand deposits mean ?

a
Short deposits
b
Fixed deposits
c
Current deposits
d
Deposits withdraw-able on demand by the depositor
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28.
In India, currency notes are issued by

a
Finance Ministry
b
State Bank of India
c
Financial Secretary
d
Reserve Bank of India
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29.
CRR funds are kept by the Banks in ?

a
Balance with other banks
b
Cash in hands at branches
c
Funds in the currency chest
d
Balance in a special accounts with RBI
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Discuss
30.
What are the steps taken by RBI, in order to meet demand and time liabilities of banks in time?

a
Banks are asked to maintain CRR
b
Banks are asked to keep mandatory regulatory cash reserve with RBI
c
Both (a) and (b)
d
None of these
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