Banking Awareness MCQs for Banking exams, IBPS, SBI

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Each section contains 100 MCQs on Banking Awareness miscellaneous .

FPO means?

A) Follow on Public Offer B) First Public Offer C) Follow on Private Offer D) Firm on Public Offer

Discuss

Answer & Solution

Answer: Option A

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

RHP means

A) Read Herring Prospectus B) Roll Hearing Prospectus C) Red Herring Prospectus D) Red Herring Proposals

Discuss

Answer & Solution

Answer: Option C

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

The market which expects the prices of shares go up in the market is called

A) Depressed market B) Bull market C) Duck market D) Bear market

Discuss

Answer & Solution

Answer: Option B

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

The first Indian bank to open a branch outside India in London in 1946?

A) SBI B) PNB C) BOB D) BOI

Discuss

Answer & Solution

Answer: Option D

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

Coins are minted at?

A) Mumbai B) Hyderabad C) Noida D) Kolkatta E) All of these

Discuss

Answer & Solution

Answer: Option E

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

Which of the following is not a function of commercial bank?

A) Providing project finance B) Selling mutual funds C) Deciding policy rates like CRR, Repo rates/SLR etc. D) Settlement of payments on behalf of the customers

Discuss

Answer & Solution

Answer: Option C

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

The New Capital Adequacy Frame work prescribed for the banks is commonly known as?

A) KYC norms B) Credit Policy C) Basel accord D) Fiscal Policy

Discuss

Answer & Solution

Answer: Option C

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

Expand the term FRBM?

A) Financial Responsibility and Business management B) Fiscal Responsibility and Business management C) Financial Responsibility and Budget Management D) Fiscal Responsibility and Budget Management

Discuss

Answer & Solution

Answer: Option D

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

What is an Indian Depository Receipt?

A) A deposit account with a Public Sector Bank B) A depository account with any of depositories C) An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company. D) An instrument in the form of deposit receipt issued by Indian depositories

Discuss

Answer & Solution

Answer: Option C

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

Land Development Banks form a part of the?

A) Commercial Banks B) Industrial Development Bank of India C) Food Corporation of India D) Co-operative Credit Structure

Discuss

Answer & Solution

Answer: Option D

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

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