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
691.
Which of the following was the first mutual fund listed on the newly launched mutual fund platform on National Stock Exchange (NSE)?

a
LIC Mutual Fund
b
UTI Mutual Fund
c
SBI Mutual Fund
d
Bank of Baroda Mutual Fund

692.
Co-operative banks are ?

a
Joint-sector banks
b
Public sector banks
c
Private sector banks
d
All of the above

693.
The Negotiable instrument is

a
Cheque
b
Demand Draft
c
Bill of Exchange
d
All of the above

694.
Public Sector Banks include?

a
14 Nationalized Banks + 6 SBI Associates + 7 Private Banks
b
19 Nationalized Banks + State Bank of India + 6 SBI Associates
c
20 Nationalized Banks + 6 Private Banks
d
20 Nationalized Banks + State Bank of India + 5 SBI Associates + IDBI

695.
When did the nationalisation of major banks happen?

a
June, 1951
b
June, 1955
c
June, 1959
d
July, 1969

696.
Land Development Banks form a part of the?

a
Commercial Banks
b
Food Corporation of India
c
Cooperative Credit Structure
d
Industrial Development Bank of India

697.
The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the -

a
UBOR
b
Base rate
c
Exchange rate
d
Inter bank Call money rate

698.
Hypothecation is:

a
A transaction of conditional sale
b
Transfer of ownership by the borrower to the lender
c
Either a or b
d
A legal transaction whereby goods may be made available as security for a debt

699.
Which of the following is true about the restrictions on RBI?

a
It is not to compete with the commercial banks.
b
It cannot acquire or advice loans against immovable property.
c
It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
d
All of the above

700.
An Individual can have what number of 'Basic Savings Bank Deposit Account' in one bank?

a
Only one
b
Only two
c
Only three
d
Only four

701.
Loan taken by the person, not telling the purpose of taking loan is called?

a
NPA
b
Personal Loan
c
Concealed Loan
d
Impersonal Loan

702.
In which year ' Karnataka Bank Limited ' was formed?

a
1921
b
1922
c
1923
d
1924

703.
What will bank customers pay for using safe deposit locker facilities?

a
Rent on locker
b
Exchange on locker
c
Commission on locker
d
Safe custody charges

704.
'Allonge' is

a
Bill payable after sight
b
Duplicate DD issued to a customer
c
A piece of paper for making endorsements
d
A piece of paper attached to a negotiable instrument for making available more space for further endorsements

705.
Government increased the maturity period on G-Sec bonds to -

a
10 years
b
20 years
c
30 years
d
40 years

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