Banking Awareness MCQs for Banking exams, IBPS, SBI Page-1 section-2

Important Theory / Shots Trick on banking awareness miscellaneous
Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7

1.
What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

A. 3 years

B. 5 years

C. 7 years

D. 10 years

Answer & Solution Discuss in Board Save for Later

2.
What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?

A. Liquidity

B. Least

C. Liabilities

D. Long

Answer & Solution Discuss in Board Save for Later

3.
Monetary Policy as an arm of the economic policy is administered by

A. Government of India

B. Reserve Bank of India

C. State Bank of India

D. Governments of the respective states

Answer & Solution Discuss in Board Save for Later

4.
A scheduled bank must be

A. A corporative or company incorporated by any law in force in any place in India

B. An institution notified by GOI

C. A company as defined by companies act, 2013

D. All of the above

Answer & Solution Discuss in Board Save for Later

5.
Kapoor committee, 1999 is related to ____.

A. Co-operative Banking Reforms

B. Micro-finance

C. Capital Account convertibility

D. Restructuring of RRBs

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9 10 11 12 13 14

Banking Awareness MCQs for Banking exams, IBPS, SBI

1. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

Answer & Solution

2. What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?

Answer & Solution

3. Monetary Policy as an arm of the economic policy is administered by

Answer & Solution

4. A scheduled bank must be

Answer & Solution

5. Kapoor committee, 1999 is related to ____.

Answer & Solution

Read More Section(Banking Awareness Miscellaneous)

1.
What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

2.
What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?

3.
Monetary Policy as an arm of the economic policy is administered by

4.
A scheduled bank must be

5.
Kapoor committee, 1999 is related to ____.