Banking And Financial Awareness MCQ- Set 22

Banking And Financial Awareness MCQ- Set 22

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Study the Banking Articles, Current Affairs Articles, Daily Current Affairs Update 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 for complete preparation. Download the available PDFs.

Q1.In which city the head office of IndusInd Bank is situated ?
A.Kolkata
B.Mumbai
C.Pune
D.Bengaluru
E.New Delhi

Q2.Who is the CEO of HDFC Bank ?
A.Urjit Patel
B.R. Subramaniakumar
C.Aditya Puri
D.Animesh Chauhan
E.None of them

Q3.'Relationship beyond banking' is the tagline of which bank ?
A.Bank of India
B.Bank of Baroda
C.Oriental Bank of Commerce
D.Dena Bank
E.Punjab National Bank

Q4.Which organization maintain Cash Reserve Ratio ?
A.TRAI
B.SEBI
C.IRDA
D.RBI
E.SBI

Q5.What is the recent Import Duty on Sugar decided by the Govt. to restrict cheap inward shipments and maintain domestic prices?
A.40%
B.30%
C.50%
D.60%
E.None of these

Q6.Which of the following statements is/are the feature(s) of Aaykar Setu initiative launched by Ministry of Finance ?
A.Finance Minister has launched the initiative
B.It is an e-initiative for income tax department to link with the tax payers
C.It must provide information on useful tax services
D.It has live chat facility
E.All of these

Q7.The reform initiative DBT scheme stands for which of the following ?
A.Debit Benefit Transfer Scheme
B.Direct Benefit Transfer Scheme
C.Department Benefit Transfer Scheme
D.Dynamic Benefit Transfer Scheme
E.None of these

Q8.Which of the following accounts does not provide interest?
A.Savings Account
B.Current Account
C.Fixed Deposit Account
D.All of these
E.None of these

Q9.MCLR stands for which of the following ?
A.Maximum Cost of Funds based Lending Rate
B.Maintenance Cost of Funds based Lending Rate
C.Minimum Cost of Funds based Lending Rate
D.Marginal Cost of Funds based Lending Rate
E.None of these

Q10.Which of the following is not a financial institution ?
A.LIC
B.IDBI
C.SEBI
D.ECGC
E.NATO

Q11.Invisible Export is related to which of the following ?
A.Prohibited Goods
B.Services
C.Unrecorded Goods
D.Goods Through Smuggling
E.None of these

Q12.Which of the following refers to the flow of funds from one country to another to earn a short-term profit ?
A.Hot Money
B.Soft Currency
C.Hard Currency
D.Cheap Money
E.None of these

Q13.What is a Bank Draft ?
A.It is the cheque which a bank draws itself
B.It is letter from the bank
C.It is an instruction not to honor a stop payment
D.It is an instruction to banker to collect customer's debt
E.None of these

Q14.In which city the head office of National Housing Bank is situated ?
A.Mumbai
B.Pune
C.New Delhi
D.Chennai
E.Gurugram

Q15.Who is the CEO of Punjab And Sind Bank ?
A.Urjit Patel
B.Jatinder Bir Singh
C.Aditya Puri
D.Amitabh Chowla
E.None of them