BANKING AWARENESS MCQS PART 02

BANKING AWARENESS MCQS PART 02

1. The RBI has asked the banks to step up legal action against willful defaulters whose default money is over:
A.One crore       
B.Two crore       
C.Three crore       
D.Five crore

2. The credit – deposit (CD) ratio of ………is highest in the banking sector.
A.Foreign Banks           
B.Regional Rural Bank
C.Public Sector Bank           
D.Private Sector Bank

3. Banks are not allowed to accept any fresh deposits or open any fresh account by way of renewal or otherwise under the two schemes……. Non – Resident Non – Repatriable (NRNR) and Non – Resident Special Rupee (NRSR) with effect from:
A.January 1, 2002       
B.April 1, 2002       
C.January 1, 2003   
D.April 1, 2003

4. The methods of credit control by the Reserve Bank of India may be broadly divided into two parts. These are:
A.Open and Close           
B.Quantitative and qualitative
C.Monetary and fiscal           
D.Rural and urban

5. Committee on decontrolling the prices of petrol and diesel was headed by:
A.Kelkar Vijai       
B.Rangrajan       
C.Abhijit Sen       
D.Kirit S. Parekh

6. What is the minimum number of director in a public limited company:
A.2           
B.3       
C.5       
D.7

7. Kinas Credit Card (KCC) Scheme was formulated in the year:
A.1996       
B.1997       
C.1998       
D.1999

8. Borrowings by scheduled commercial banks in the call/notice money market, on a daily basis should not exceed ………. Of their owned funds or 2% of aggregate deposits as at the end of March of the previous financial year, whichever is higher.
A.25%       
B.50%       
C.75%       
D.100%

9. ‘Pure Banking, Nothing Else is a slogan raised by:
A.ICICI Bank       
B.HDFC Bank       
C.SBI       
D.UTI Bank

10. ‘Smart Money’ is a term used for:
A. Internet Banking       
B.Cash with Public       
C.Cash with Bank   
D.Credit Card

Answer Keys:
1.A
2.A
3.B
4.B
5.D
6.D
7.C
8.D
9.C
10.D