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Banking Awareness MCQs for Banking exams

1.Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a period of not more property. The RBI may extend this period for a further period of ______:

A.2 years

B.4 years

C.5 years

D.6 years


2.Which of the following stock exchange is derecognized by SEBI on 19.11.2014 on the allegations of serious irregularities in its functioning?

A.Bombay Stock Exchange

B.Delhi Stock Exchange

C.Calcutta Stock Exchange

D.Bangalore Stock Exchange


3.Which of the following is not a function of General Insurance?

A.Cattle Insurance

B.Crop Insurance

C.Fire Insurance

D.Medical Insurance


4.Liability- side of the balance-sheet comprises:

A.Capital and reserve

B.Long-term liabilities

C.Current liabilities

D.All of the above


5.Minimum cash reserves fixed by law constitute ___

A.A percentage of aggregate deposits of the bank

B.A percentage of aggregate loans and advances of the bank

C.A percentage of capital & reserves of the bank

D.None of these








 Solutions

1.C
2.B
3.D
4.D
5.A
5 Banking and SSC : Banking Awareness MCQs for Banking exams 1.Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a ...

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