GK Trick

MCQs for Banking exams

1.Which panel is scrutinizing applications for new bank licences.

A.P Chidamabram

B.C.N.R. Rao Panel

C.Bimal Jalan Panel

D.Raghuram Rajan


2.Which one is not the most common objective of Banking regulations ?

A.Systematic Risk Reduction

B.Credit Allocation

C.Prudential Objectives

D.Market Discipline


3.Which statement is not correct about Capital Adequacy Ratio ?

A.It is a thermometer of Bank’s Health.

B.It is the ratio of its Capital to its Risk.

C.It can indicate the Capacity of the Bank’s ability to absorb the possible losses.

D.A good CAR makes vulnerable to the Depositors and lose faith in the banking system.


4.In which year India become a member of Financial Action Task Force ?

A.1978

B.2000

C.2010

D.1994


5.__________ was appointed by PM in July 2012 to look into taxation of IT sector.

A.Rangachary committee

B.Bimal Jalan Committee

C.C N R Rao Committee

D.Damodran Committee












Solutions

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








5 Banking and SSC : MCQs for Banking exams 1.Which panel is scrutinizing applications for new bank licences. A.P Chidamabram B.C.N.R. Rao Panel C.Bimal Jalan Panel D.Raghuram...

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