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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-3 section-3

Each section contains 100 MCQs on Banking Awareness miscellaneous .
21
Many times we read the term ‘ECB’ in newspapers. What is the full form of ‘ECB’ ?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
22
Credit risk to the bank is high from which of these cards?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
23
Depreciation of an asset occurs due to
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
24
Which of the following is NOT a source of funds of a commercial bank?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
25
Which one of the following is a Credit Card Association?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
26
Which one of the following is not an electronic Banking delivery channel?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
27
The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
28
Crossing on a cheque can be cancelled by the ________ of the cheque, under his full signature.
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
29
Bank branches which can undertake foreign exchange business directly are known as in foreign exchange
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
30
Insurance cover for bank deposits in our country is provided by
Discuss
Answer & Solution
Answer: Option C
Solution:
The bank deposits are insured by Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India.