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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 16 of 24 pages
Question 151. In our country, for many months the cheque remains valid after the date of issue?
  1.    3 months
  2.    6 months
  3.    9 months
  4.    12 months
 Discuss Question
Answer: Option A. -> 3 months




Question 152. What does the term B2B stand for in E-commerce?
  1.    It means trade between business to business
  2.    The deals between business to bank
  3.    It suggests transactions between banks and capitalists
  4.    All of the above
 Discuss Question
Answer: Option A. -> It means trade between business to business




Question 153. The word 'Bank is derived from which of the following mentioned options:
  1.    German word 'back' which means 'a joint stock fund'
  2.    Italian word 'banco'
  3.    words 'bancus' or 'banque' which means 'a bench'
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above




Question 154. Which of the following mentioned options below is not an example of primary securities?
  1.    Bills
  2.    Bonds
  3.    Shares
  4.    Book debts
  5.    New currency
 Discuss Question
Answer: Option E. -> New currency




Question 155. On July 12, 1982, the ARDC was merged into
  1.    RBI
  2.    NABARD
  3.    EXIM Bank
  4.    HDFC Bank
 Discuss Question
Answer: Option B. -> NABARD




Question 156. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
  1.    increase it
  2.    decrease it
  3.    no impact
  4.    constant
 Discuss Question
Answer: Option A. -> increase it




Question 157. The currency convertibility concept in its original form originated in
  1.    Wells Agreement
  2.    Bretton Woods Agreement
  3.    Taylors Agreement
  4.    Taylors Agreement
 Discuss Question
Answer: Option B. -> Bretton Woods Agreement




Question 158. The central co-operative banks are in direct touch with
  1.    farmers
  2.    state co-operative banks
  3.    land development banks
  4.    central government
 Discuss Question
Answer: Option B. -> state co-operative banks




Question 159. Which of the following items would not appear in a company balance sheet?
  1.    Value of stocks of raw materials held
  2.    Total issued capital
  3.    Revenue from sales of the company's products
  4.    Cash held at the bank
 Discuss Question
Answer: Option C. -> Revenue from sales of the company's products




Question 160. The main source of National Income of India is
  1.    Service sector
  2.    Agriculture
  3.    Industrial sector
  4.    Trade sector
 Discuss Question
Answer: Option A. -> Service sector




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