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Banking & Financial Awareness MCQ / Quiz

Banking & Financial Awareness MCQ / Quiz

Banking & Financial Awareness MCQ / Quiz

Solve the Banking And Financial Awareness MCQ/ Quiz  from  Achiever's Rule regularly. The Banking Articles and Current Affairs Articles can be beneficial for your upcoming IBPS, RBI, SBI Exams. Download the available PDFs.
Q1.Mutual Funds in India are regulated by which of the following ?
A]Government of India
B]Reserve Bank of India
C]Insurance Regulatory and Development Authority
D]Securities and Exchange Board of India
E]Mutual Funds Board of India

Q2.Which of the following handles the problem of balance of payments of the member countries ?
A]World Bank
B]Commonwealth Bank of Australia
C]ADB
D]Swiss Bank
E]IMF


Q3.CCP stands for which of the following ?
A]Consumer Care Policy
B]Cheque Collection Policy
C]Cheque Collection Process
D]Cheque Collection Privilege
E]None of these

Q4.Which of the following is not a banking term ?
A]Prime Lending Rate
B]Corporate Finance
C]Equator
D]CRR
E]None of these

Q5.Which of the following is/are the regulatory authority(ies) of the Regional Rural Banks ?
A]RBI
B]State Government
C]NABARD
D]Both A and C
E]All of these

Q6.In which city, the head quarters of International Monetary Fund is situated ?
A]New York
B]Sydney
C]Washington, D.C
D]Beijing
E]Paris

Q7.What is the economic term of total market value of all market goods and services produced in a country in the given year ?
A]GDP
B]PPP
C]GNI
D]Inflation
E]None of these

Q8. Which of the following instrument can not be presented for the payment in the Clearing House ?
A]Dividends
B]Demand Drafts
C]Fixed Deposit Receipt
D]All of these
E]None of these

Q9.Which of the following banks issued the multi-currency International Debit Cards for the first time in India ?
A]Axis Bank
B]Dena Bank
C]Vijaya Bank
D]UCO Bank
E]State Bank of India

Q10.Which of the following keeps the custody of the Foreign Exchange Reserves of India ?
A]GOI
B]IMF
C]SBI
D]RBI
E]SEBI

Q11.Which bank has launched the "100 Digital Villages" initiative to bring the residents of these villages under the following banking system ?
A]UCO Bank
B]Vijaya Bank
C]Dena Bank
D]Union Bank of India
E]United Bank of India

Q12.Which bank has a lockless branch in Maharashtra to respect local customs ?
A]Dena Bank
B]ICICI Bank
C]Axis Bank
D]UCO Bank
E]None of these

Q13.DHFL Pramerica Life Insurance company has tied up with which bank to distribute the portfolio of retail and group life insurance products ?
A]Axis Bank
B]South Indian Bank
C]Dhanalaxmi Bank
D]ICICI Bank
E]None of these

Q14.Which of the following banks has started the first talking ATM in India ?
A]Axis Bank
B]Union Bank of India
C]Dena Bank
D]Vijaya Bank
E]Oriental Bank of Commerce

Q15.Which of the following is the biggest tax paying sector of India ?
A]Agricultural Sector
B]Banking Sector
C]Entertainment Sector
D]Industrial Sector
E]None of these

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