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Banking And Financial Awareness MCQ - Set 20

Banking And Financial Awareness MCQ - Set 20

Banking And Financial Awareness MCQ - Set 20

Dear Readers,
Follow  the Daily Current Affairs Update, Banking Articles, Current Affairs Articles from Achiever's Rule to prepare for the upcoming Banking Exams. You must solve the Banking And Financial Awareness MCQ/ Quiz on a regular basis to complete your preparation. You must download the available PDFs.

Q1.According to RBI, what should be assets size of the NBFCs to offer New Pension Scheme ?
A.450 Cr and Above
B.500 Cr and Above
C.300 Cr and Above
D.400 Cr and Above
E.None of these


Q2.What is/are the function(s) of the GST rate Finder App ?
A.To verify accurate tax rate on commodity and services under GST
B.To benefit tax payers
C.To let every one know how much GST is charged on a particular good and service
D.To find the GST rate while offline
E.All of these

Q3.Canara HSBC Oriental Bank of Commerce Life Insurance has entered into an alliance with which bank for marketing various life insurance products ?
A.ICICI Bank
B.Axis Bank
C.Dhanalaxmi Bank
D.South Indian Bank
E.None of these

Q4.Which of the following banks has launched a digital village initiative in Nepal ?
A.Dena Bank
B.Punjab National Bank
C.Vijaya Bank
D.State Bank of India
E.None of these

Q5.What will be the recent growth rate over the coming decade according to the Harvard University research?
A.6.7%
B.7.7%
C.4.5%
D.8.2%
E.None of these

Q6.With which bank Shriram Group Insurance companies has made an agreement to explore the merger possibility ?
A.HSBC Bank
B.Axis Bank
C.IDFC Bank
D.ICICI Bank
E.None of these

Q7.FCNR stands for which of the following ?
A.Foreign Currency Non-Repatriable
B.Foreign Currency Net-Repatriable
C.Foreign Currency Natural Repatriable
D.Freeze Currency Non-Repatriable
E.None of these

Q8.What is the function of Mixed Banking ?
A.It performs all kind of functions assignd to the bank
B.It undertakes the activities of commercial and investment banking together
C.It provides easy access to the complete financial portfolkio of clients
D.All of these
E.None of these

Q9.'Experience Next Generation Banking' is the tagline of which of the following banks ?
A.Andhra Bank
B.UCO Bank
C.South Indian Bank
D.Vijaya Bank
E.Axis Bank

Q10.In which city the head office of South Indian Bank is situated ?
A.Kochi
B.Chennai
C.Thrissur City
D.Bengaluru
E.None of these

Q11.In which year Andhra Bank was founded ?
A.1923
B.1924
C.1925
D.1926
E.1927

Q12.Which of the following unit of money has the equal intrinsic and face value ?
A.Flat Money
B.Full Bodied Money
C.Paper Money
D.Optional Money
E.None of these

Q13.Which money has less production cost than its face value ?
A.Paper Money
B.Commodity Money
C.Flat Money
D.Optional Money
E.Token Money

Q14.NHB stands for which of the following ?
A.Nominal Housing Bank
B.Non-profit Housing Bank
C.Nationalized Housing Bank
D.National Housing Bank
E.None of these

Q15.NHB is a subsidiary of which of the following banks ?
A.SBI
B.SEBI
C.NABARD
D.GOI
E.RBI

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