Banking Awareness MCQs for Banking exams, IBPS, SBI Page-1 section-4

Important Theory / Shots Trick on Banking Awareness Miscellaneous
Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7

1.
Which of the following is not a primary function of a Bank?

A. Granting Loans

B. Collecting Cheques/Drafts customers

C. Facilitating import of goods

D. Issuing Bank Drafts

Answer & Solution Discuss in Board Save for Later

2.
Reserves which can act as a liquidity buffer for commercial banks during crisis times are

A. CAR

B. SLR

C. CAR and CRR

D. CRR and SLR

Answer & Solution Discuss in Board Save for Later

3.
For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?

A. Equated Money Index

B. Easy Money Installment

C. Equated Monthly Installment

D. Equal Monthly Installment

Answer & Solution Discuss in Board Save for Later

4.
Many a times we read in the news paper about CASA deposits of banks. CASA deposits are

A. Demand deposits

B. Term deposits

C. Hybrid deposits

D. Recurring deposits

Answer & Solution Discuss in Board Save for Later

5.
While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?

A. Net Annual Value

B. Non Asset Value

C. Net Actual Value

D. Net Asset Value

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. Which of the following is not a primary function of a Bank?

Answer & Solution

2. Reserves which can act as a liquidity buffer for commercial banks during crisis times are

Answer & Solution

3. For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?

Answer & Solution

4. Many a times we read in the news paper about CASA deposits of banks. CASA deposits are

Answer & Solution

5. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?

Answer & Solution

Read More Section(Banking Awareness miscellaneous)

1.
Which of the following is not a primary function of a Bank?

2.
Reserves which can act as a liquidity buffer for commercial banks during crisis times are

3.
For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?

4.
Many a times we read in the news paper about CASA deposits of banks. CASA deposits are

5.
While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?