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Banking Awareness MCQs for Banking exams, IBPS, SBI

It contains mcq questions on banking awareness for IBPS, IBPS PO, SBI, SBI PO and other banking exams. One can learn and practices questions on Banking awareness over here. Page-2 section-3

Each section contains 100 MCQs on Banking Awareness miscellaneous .
11
Which of the following is not a primary function of a Bank?
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Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
12
Reserves which can act as a liquidity buffer for commercial banks during crisis times are
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Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
13
For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?
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Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
14
Many a times we read in the news paper about CASA deposits of banks. CASA deposits are
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Answer & Solution
Answer: Option A
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15
While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?
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Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
16
Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact?
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Answer & Solution
Answer: Option B
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17
Whose signature is found on a 50 rupee currency note in India?
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Answer & Solution
Answer: Option B
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18
Which of the following institutions is involved mainly in granting Housing Loans?
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Answer & Solution
Answer: Option C
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19
Which of the following terms is not related to banking?
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Answer & Solution
Answer: Option D
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20
Almost all banks in our country have introduced facility for granting crop loans to farmers.
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Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board