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Banking And Financial Awareness MCQ - Set 12

Banking And Financial Awareness MCQ - Set 12

Banking And Financial Awareness MCQ - Set 12

Dear Readers,
Solve the Banking and Financial Awareness MCQ/Quiz regularly from Achiever's Rule and be well prepared for the upcoming Banking exams. The Banking Articles can help you to know all recent banking updates. You may download the available PDFs.

Q1.What do you mean by 'Tax Haven' ?
A.It is a country where people need not to pay Municipal tax
B.It is a country where people can dump the illegal money without any problem
C.It is a country where foreigners need not to pay any tax on their income
D.It is a country where people need not to pay Luxury tax
E.None of these


Q2.Which of the following is not included in the Priority Sector ?
A.Education Loan
B.Agricultural Finance
C.Life Insurance Policy
D.Housing Loans
E.None of these

Q3.Which of the following can be called as a non-institutional lender ?
A.Small Banks
B.Grameen Banks
C.Money Lenders
D.Credit Cooperative Socities
E.Micro Finance Institutions

Q4.In which city, RBI does not have a regional office?
A.Panaji
B.Kolkata
C.Shimla
D.Kota
E.Guwahati

Q5.which of the following is not considered as a Govt. Security ?
A.Dated Securities
B.Call or Put Option Bonds
C.T- Bill
D.Floating rate Bonds
E.None of these

Q6.Which of the following terms is used in Banking and Finance ?
A.Scattering Loss
B.Oscillation
C.Revenue
D.Shielding
E.Line of Sight

Q7.'Your Perfect banking Partner' is the Tag line of Which bank ?
A.Dena Bank
B.Federal Bank
C.UCO Bank
D.SBI
E.Vijaya Bank

Q8.The head office of Bank of Maharashtra is situated in Which of the following cities ?
A.Pune
B.Mumbai
C.Nasik
D.Aurangabad
E.Nagpur

Q9.To open a new Branch, a Bank must have the permit from RBI under which of the following acts ?
A.Section 22 of RBI Act
B.Section 22 of SEBI
C.Section 22 of NABARD
D.Section 22 of banking Regulation Act
E.None of these

Q10.A fixed deposit receipt which a bank keeps for its safety is known as which of the following ?
A.Safe Deposit
B.Locker
C.Valid Safe Deposit
D.Safe Custody
E.None of these

Q11.The head office of Vijaya Bank is situated in which city ?
A.Mumbai
B.Pune
C.Bengaluru
D.Chennai
E.Hyderabad

Q12.In which year the Credit Guarantee Corporation is created ?
A.1974
B.1971
C.1975
D.1978
E.1999

Q13.In which city the biggest International Financial Center is located?
A.London
B.Geneva
C.Paris
D.New York
E.Sydney

Q14.With which of the following organizations, the mutual funds should be registered?
A.AMFI
B.NABARD
C.SEBI
D.IBA
E.RBI

Q15.Kelkar Committee is associated with which of the following ?
A.De listing in Share market
B.Reformation of Company Law
C.Frame work of Insurance Sector
D.Tax Structure Reforms
E.None of these

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