Banking Awareness MCQs Part 24

 Banking Awareness MCQs Part 24 

 

1. Who presented the first Union budget of independent India?
1) Jawaharlal Nehru
2) Vallabhai Patel
3) Bhimrao Ambedkar
4) RK Sanmukham Chetty
5) John Mathai


2. What is the minimum Capital Adequacy ratio to be maintained by payment banks in India?
1) 11%
2) 12%
3) 11.5%
4) 15%
5) 14%


3. ______ is a fixed amount that is received or paid at regular intervals for a specified period.
1) Perpetuity
2) Annuity
3) Premium
4) Dividend
5) Bonus


4. As per RBI mandate, banks may choose any benchmark market interest rate published by FBIL for linking of their loan products. What is 'I' in FBIL?
1) Integrated
2) Industrial
3) Interest
4) India
5) Insolvency

5. Government has decided to infuse Rs __________ crore in IDBI Bank to work out as bailout money for the bank
1) 8000
2) 14000
3) 11000
4) 9000
5) 12000


6. _______ is a product for which demand increases as the price increases and falls when the price decreases.
1) Complementary Goods
2) Novice Goods
3) Giffen Goods
4) Auxiliary Goods
5) Gilt Goods


7. Which of the following small finance bank of India recently proposed issuing shares of the bank to its shareholders without cash consideration?
1) Ujjivan SFB
2) Equitas SFB
3) Utkarsh SFB
4) Fincare SFB
5) ESAF SFB


8. Bank of Baroda has planned to raise capital up to Rs ___________ crore through tier-II bonds for meeting capital adequacy norms for the newly merged entity.
1) 5000
2) 1500
3) 2400
4) 2000
5) 3000


9. The maximum incentive that could be received as a Merchant on BHIM Aadhar Pay App is _________.
1) 3000
2) 50
3) 2000
4) 5000
5) There is no such incentive


10. RBI, recently declined ________ request to extend listing deadline for small finance bank.
1) Ujjivan
2) Jana
3) Equitas
4) AU
5) Fincare