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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 15 of 24 pages
Question 141. The 1,750MW Demwe mega-dam project is proposed to be built on _______ river.
  1.    Meghna
  2.    Tapti
  3.    Brahmaputra
  4.    Lohit
 Discuss Question
Answer: Option D. -> Lohit




Question 142. A bearer cheque can also be called as “
  1.    Order cheque
  2.    Closed cheque
  3.    Open cheque
  4.    Crossed cheque
 Discuss Question
Answer: Option C. -> Open cheque




Question 143. Press Freedom Day is observed on “
  1.    1st May
  2.    3rd May
  3.    21st May
  4.    31st May
 Discuss Question
Answer: Option B. -> 3rd May




Question 144. While opening an account for a minor, his date of birth should be recorded in:
  1.    Account opening form
  2.    Specimen signature card
  3.    ledger folio
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these




Question 145. A banking account cannot be open in the case of:
  1.    minors
  2.    illiterates
  3.    Physically handicapped person
  4.    undischarged insolvent
 Discuss Question
Answer: Option D. -> undischarged insolvent




Question 146. An account is classified as dormant/inoperative when no transactions are made during last
  1.    4 months
  2.    6 months
  3.    1 year
  4.    2 years
 Discuss Question
Answer: Option D. -> 2 years




Question 147. Which of the following cannot be declared as insolvent?
  1.    Minors
  2.    Lunatics
  3.    Corporations
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these




Question 148. Which of the following would you accept as means of introduction of a savings/time deposit account?
  1.    A passport
  2.    Identity card issued by a government department, the municipality, educational institution, or defense services
  3.    Postal Identification card
  4.    Driving Licence
  5.    All of these
 Discuss Question
Answer: Option E. -> All of these




Question 149. Who is primarily liable on a promissory note?
  1.    Holder
  2.    Endorser
  3.    Maker
  4.    Drawee
 Discuss Question
Answer: Option C. -> Maker




Question 150. What does the letter 'L' denote in the term 'LAF' in the below-mentioned options, as referred every now and then in relation to the monetary policy of the RBI?
  1.    Liquidity
  2.    Liability
  3.    Leveraged
  4.    Longitudinal
 Discuss Question
Answer: Option A. -> Liquidity




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