Banking Awareness MCQs Part 23

Banking Awareness MCQs Part 23 

 

1. ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ‘C’ in ECS stands for?
1) Corporate
2) Company
3) Cash
4) Customer
5) Clearing

2.Which of he following facility/service is NOT available in a White Label ATM?
1) Regular Bills Payment
2) Cash Deposit
3) PIN change
4) Request for Cheque Book
5) All the above ARE available

3. As per the RBI annual report, Banking fraud cases have witnessed a rise by over how much percentage (approx.) in FY-19 over FY-18?
1) 70%
2) 78%
3) 80%
4) 85%
5) None of those given as options

4. Which organisation recently underwent an agreement with Steel Users Federation of India for launch of steel futures?
1) National Stock Exchange
2) Multi-commodity Exchange
3) Ahmedabad stock exchange
4) India-International Exchange
5) Bombay Stock Exchange

5. SBI ,recently raised up to Rs _____ Crore By Issuing Basel-III-Compliant Bonds.
1) 2134
2) 3105
3) 4567
4) 5798
5) 8653

6. ICAAP is a process which helps banks in India to assess the capital requirement under BASEL norms. What is ‘I’ in ICAAP?
1) Internal
2) Investment
3) Industry
4) Integrated
5) Initial

7. The “India Microfinance Equity Fund” is operated through ___________.
1) MUDRA Bank
2) SIDBI
3) RBI
4) Scheduled banks
5) Industrial Finance Corporation of India

8.Who among the following is/are eligible for opening a Fixed Deposit in a bank?
1) Hindu Undivided Family
2) Limited Companies
3) Clubs and Societies
4) A & B Only
5) All A, B & C

9. Among the following which are the Indian credit bureaus?
1) CIBIL TransUnion
2) Experian
3) Equifax
4) CRIF High Mark
5) All of the above

10. Which of the following option is INCORRECT regarding Treasury Bills?
1) They have a maximum maturity period of 192 days
2) They pay maximum interest among other instruments
3) They are issued by Finance Ministry
4) Both A & C only
5) All A, B & C