Banking and Financial Market MCQ | 60 Free MCQs
Banking and Financial Market MCQ
1. A scheduled bank is one which has …………….
a. Paid up capital and reserve not less than Rs 5 lakh
b. term deposit of Rs 5 lakh
c. demand deposit of Rs 5 lakh
d. none of these
2. Public sector banks include ……………..
a. Only State Bank of India
b. only nationalized banks
c. only RRB
d. all of these
3. The population for every bank branch in 2015 was ……………..
a. 64000
b. 16000
c. 10300
d. none of these
4. To promote financial inclusion, on 28th August 2014, the following new scheme was introduced
a. Garibi Hatao
b. The Pradhan Mantri Jan Dhan Yojana
c. Mahatma Gandhi National Rural Employment Guarantee Scheme
d. All of these
5. ………….scheme was introduced under operational technology.
a. ATMs
b. Mobile banking
c. Electronic Fund transfer d
d. All of the above
6. Since 1991 commercial banks have succeeded in ……………
a. Expanding branches
b. deposit mobilisation
c. increase in lending
d. all of the above
7. In 2017 advances of commercial banks to the priority sector was …………….
a. 40%
b. less than 40%
c. more than 40%
d. none of these
8. Financial inclusion aims at providing financial services to …………….
a. Industrialists
b. poor people
c. Indian investors abroad
d. none of these
9. In recent years Indian banks have increased their efficiency by ………….
a. Using information technology
b. by reducing the number of employees
c. by increasing number of branches
d. none of these
10. In recent years the number of RRBs has ……………
a. Increased
b. decreased
c. remained constant
d. none of these
| Answers: 1)Paid up capital and reserve not less than Rs 5 lakh 2)all of these 3)none of these 4)The Pradhan Mantri Jan Dhan Yojana 5)All of the above 6)all of the above 7)less than 40% 8)poor peoplet and public asset management 9)Using information technology 10)decreased |
