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MCQs

Total Questions : 461 | Page 14 of 47 pages
Question 131. Which of the following is not a primary function of a Bank?
  1.    Granting Loans
  2.    Collecting Cheques/Drafts customers
  3.    Facilitating import of goods
  4.    Issuing Bank Drafts
 Discuss Question
Answer: Option C. -> Facilitating import of goods
Question 132. For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?
  1.    Equated Money Index
  2.    Easy Money Installment
  3.    Equated Monthly Installment
  4.    Equal Monthly Installment
 Discuss Question
Answer: Option C. -> Equated Monthly Installment
Question 133. Reserves which can act as a liquidity buffer for commercial banks during crisis times are
  1.    CAR
  2.    SLR
  3.    CAR and CRR
  4.    CRR and SLR
 Discuss Question
Answer: Option D. -> CRR and SLR
Question 134. While investing in mutual funds we come across a term called NAV. What is the meaning of NAV?
  1.    Net Annual Value
  2.    Non Asset Value
  3.    Net Actual Value
  4.    Net Asset Value
 Discuss Question
Answer: Option D. -> Net Asset Value
Question 135. Many a times we read in the news paper about CASA deposits of banks. CASA deposits are
  1.    Demand deposits
  2.    Term deposits
  3.    Hybrid deposits
  4.    Recurring deposits
 Discuss Question
Answer: Option A. -> Demand deposits
Question 136. Assume that Reserve Bank of India reduces the Bank Rate by 1%, what will be its impact?
  1.    Less liquidity in the market
  2.    More liquidity in the market
  3.    No change in the liquidity in the market
  4.    Mobilization of more deposits by commercial-banks
 Discuss Question
Answer: Option B. -> More liquidity in the market
Question 137. Whose signature is found on a 50 rupee currency note in India?
  1.    President of India
  2.    Governor, RBI
  3.    Finance Minister
  4.    Prime Minister of India
 Discuss Question
Answer: Option B. -> Governor, RBI
Question 138. Which of the following terms is not related to banking?
  1.    Repayment
  2.    Loan
  3.    NPA
  4.    Fasting
 Discuss Question
Answer: Option D. -> Fasting
Question 139. Which of the following institutions is involved mainly in granting Housing Loans?
  1.    RBI
  2.    SBI
  3.    HDFC
  4.    ICICI
 Discuss Question
Answer: Option C. -> HDFC
Question 140. Almost all banks in our country have introduced facility for granting crop loans to farmers.
  1.    Term Loans
  2.    Kisan Credit Cards
  3.    Bank Guarantee
  4.    Foreign Exchange
 Discuss Question
Answer: Option B. -> Kisan Credit Cards

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