Banking Awareness MCQs for Banking exams, IBPS, SBI

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Each section contains 100 MCQs on Banking Awareness miscellaneous .

The Holidays for the Banks are declared as per which of the following Act

A) Reserve bank Act B) Banking Regulation Act – 1949 C) Negotiable instrument Act –1881 D) Companies Act – 1956

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Interest rate "Savings deposit" now a days is decided by

A) RBI B) SBI C) Respective Banks D) IBA

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

"ASBA" stands for

A) Application supported by bank account B) Application supported by balance account C) Application supported by blocked account D) Application supported by blocked amount

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

FCCB stands for

A) Foreign currency convertible bonds B) Forex currency convertible bonds C) Form currency convertible bonds D) Future currency convertible bonds

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

"De–Mat" account is regulated by

A) RBI B) SBI C) IRDA D) SEBI

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Banking ombudsman is appointed by

A) Union government B) RBI C) Respective state government D) Exim bank

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

How much maximum amount that is insured by "deposit insurance" credit corporation (DICGC)

A) Rs. 50000 B) Rs. 100000 C) Rs. 10000 D) Rs. 500000

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

How much quantity of coins to be minted decided by

A) RBI B) Union government C) SBI D) IRDA

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

RBI can issue bank notes of maximum denomination

A) Rs. 1000 B) Rs. 500 C) Rs. 10000 D) Rs. 20000

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Life span of Rs. 10 notes are

A) 10-15 months B) 16-19 months C) 10-18 months D) 20-25 months

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

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