Banking Awareness and SEBI mcq questions and answers for competitive exams

Ramya_naidu

Posted on

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
46.
Accounts are allowed to be operated by cheques in respect of

a
Both Savings bank accounts and loan accounts
b
Savings bank accounts and current accounts
c
Both Current accounts and fixed deposit accounts
d
Both Savings bank accounts and fixed deposit accounts

47.
Which of the following is not the part of organized sector of India Money Market?

a
Chit Funds
b
Mutual Funds
c
Reserve Bank of India
d
Non-Banking Financial Companies

48.
The Basic Committee has defined capital in two Tiers (Tier-I and Tier-II). Tier-I capital is known as -

a
Net capital
b
Core capital
c
Gross capital
d
Working capital

49.
The salient features of Bank, defined in terms of Banking Regulation Act stipulate that a bank must engage in ?

a
Accepting deposits (Resources)
b
Lending or Investing the Resources
c
Both (a) and (b)
d
Lending the Resources

50.
What is the time taken for effecting fund transfer from one account to another under RTGS?

a
One hours
b
Two hours
c
Three hours
d
Four hours

51.
Societies Registration Act

a
1860
b
1890
c
1905
d
1942

52.
In which year ' Catholic Syrian Bank ' was formed?

a
26th November 1920
b
26th November 1925
c
26th November 1930
d
26th November 1935

53.
Which one of the following focuses on the financial needs of the institutional clients and the industry?

a
Virtual Banking
b
Internet banking
c
Universal banking
d
Wholesale banking

54.
Issuing credit cards is a component of -

a
Micro finace
b
Rural banking
c
Retail Banking
d
Corporate Banking

55.
What is the highest denomination bank note that RBI can issue as per provisions of RBI Act?

a
Rs. 1000
b
Rs. 5000
c
Rs. 10000
d
Rs. 13000

56.
In which year ' UCO Bank ' was formed?

a
1941
b
1942
c
1943
d
1944

57.
Identify the odd one out from the following benefits of RTGS.

a
Settlement is immediate
b
Lowers the settlement risk
c
Avoids credit risk while settlement
d
Suited for only lower value transactions

58.
Which of the following organizations/ agencies has sought an emergency fund of Rs.1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers?

a
RBI
b
NABARD
c
Micro Finance Institutions
d
Regional Rural & Cooperative Banks

59.
Which of the following is a reason for in- flation?

a
Deficit financing
b
Structural deficiencies
c
Growth in per capita income
d
All of the above

60.
By crossing we mean :-

a
two horizontal lines on a cheque
b
one straight line across the cheque
c
two lines across the cheque making 'X'
d
two transverse parallel lines on a cheque

Rate This:
NaN / 5 - 1 votes
Profile photo for Dasaradhan Gajendra