Banking Awareness MCQs Part 32

Banking Awareness MCQs Part 32

1. _______ is a monetary policy intervention by the RBI to withdraw excess liquidity by selling government securities in the economy.
1) Market Development Assistance Scheme
2) Market Intervention Scheme
3) Market Segmentation Scheme
4) Market Stabilisation Scheme
5) Market capitalisation Scheme


2. The Central and the State Governments should maintain a minimum balance of _______ crore as on daily with RBI.
1) 100 Crore
2) 5 Crore
3) 25 Crore
4) 10 Crore
5) 50 Crore


3. Which among the following services cannot be provided through Micro ATMs?
1) Balance Enquiry
2) Funds Transfer
3) Cash Withdrawal
4) Lending Loans
5) Cash Deposit

4. ______ accounts are held by a third-party bank, other than both banks who are doing the transactions.
1) Loro Account
2) VOSTRO Account
3) NOSTRO Account
4) NRI Account
5) NRE Account


5. RuPay is India’s indigenous card scheme created by Which of the following organizations?
1) NACH
2) NHB
3) NPCI
4) RBI
5) GOI


6. Which among the following is the tagline of Syndicate Bank?
1) India’s International Bank
2) Prosperity for all
3) Together We can
4) Faithful and Friendly
5) Relationship Beyond Banking
correct option : 4

7. NABARD was established based on the recommendations of which of the following committee?
1) Sreedharan Committee
2) Vohra Committee
3) P K Sinha Committee
4) B Sivaraman Committee
5) Narasimhan Committee


8. Which among the following has launched 'Bharosa' savings account services recently?
1) Paytm Payments Bank
2) ESAF Small Finance Bank
3) Airtel Payments Bank
4) Jio Payments Bank
5) Jana Small Finance Bank


9. The Bankruptcy Code (Amendment) Bill, 2019 has set ________ day deadline for rescuing companies in distress to fast track cleaning up of bad assets.
1) 330
2) 270
3) 364
4) 180
5) 129


10. UPR is the total annual premium less than the amount earned. What is the full form of UPR?
1) Uniform Premium Research
2) Uninsured Premium Reserve
3) Unearned Premium Reserve
4) Unearned Premium Requirement
5) Uninsured Premium Requirement