Banking Awareness MCQs for Banking exams

1.Which of the following organizations/ agencies has sought an emergency fund of Rs.1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers?

A.Regional Rural & Cooperative Banks

B.RBI

C.Micro Finance Institutions

D.NABARD


2.Which of the following types of accounts are known as "Demat Accounts"?

A.Zero Balance Accounts

B.Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there

C.Accounts in which shares of various companies are traded in electronic form

D.Accounts which are operated through internet banking facility


3.Mortgage is a:

A.Security on movable property for a loan

 B.Security on immovable property for a loan

C.Concession on immovable property

D.Facility on immovable property

E.Security on loan sanctioned against fixed deposits



4.___ assumed charge as the Minister of State for Micro, Small & Medium Enterprises (MSME) on 11th November 2014.

A.Gopal Singh

B.Veerabhadra Singh

C.Manoj Tiwari

D.Giriraj Singh



5.Identify the well known person related to Banking field in India from the following?

A.Mrs. Meira Kumar

B.Mrs. Kiran Shaw

C.Mr. Arun Jaitley

D.Dr. D Subbarao







Solutions

1.D
2.C
3.B
4.D
5.D

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