Banking Awareness MCQs for Banking exams, IBPS, SBI

A. Aravind Mayaram

B. Usha Thorat

C. Damodaran

D. Syamala Gopinath

A. Concentration of wealth and economic power in the hands of industrialists and business

B. Branch expansion was confined to urban areas and rural area were being neglected

C. Sectors like agriculture small scale industries and the other deserving sectors were outside the purview of bank lending operations

D. Above all

A. a means of financing traders and manufactures by taking over their receivables

B. a means of providing post-shipment finance to exporters

C. a type of agriculture financing

D. None of these

A. an embedded circuit with micro processor chip embedded in it so that it could perform calculations maintain records and act as electronic pursue.

B. built in facility for protection against fraudulent operations

C. can either be rechargeable or exchangeable

D. All of the above

A. Scheduled and non-Scheduled banks

B. Private sector and public scheduled banks

C. Both (a) and (b)

D. Regional rural banks, co-operative banks and NBFCs

A. Rs 25 crore

B. Rs 50 crore

C. Rs 85 crore

D. Rs 100 crore

A. deposit represented by the receipt is assigned to the bank

B. deposit receipt is pledged to the bank

C. deposit receipt is hypothecated to the bank

D. A lien is created on the deposit receipts in favour of the bank

A. Selective credit control

B. Moral suasion

C. Credit authorization scheme

D. All of the above

A. authorized by central government to transaction government business

B. registered with ministry of finance , govt. of India

C. Which is included in the second schedule to the RBI act, 1934

D. incorporated as a cooperative society

A. Borrowings from RBI

B. Call money

C. Deposits

D. Cash reserves with RBI