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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 21 of 24 pages
Question 201. Which bank was earlier called the "Imperial Bank of India?
  1.    RBI
  2.    SBI
  3.    UBI
  4.    PNB
 Discuss Question
Answer: Option B. -> SBI




Question 202. Insurance service provided by various banks is commonly known as ______
  1.    Investment banking
  2.    Portfolio management
  3.    Merchant banking
  4.    Bancassurance
 Discuss Question
Answer: Option D. -> Bancassurance




Question 203. Which of the following is NOT true when the interest rate in the economy goes up?
  1.    Saving increases
  2.    Lending decreases
  3.    Cost of production increases
  4.    Return on capital increases
 Discuss Question
Answer: Option D. -> Return on capital increases




Question 204. Rate of interest is determined by:
  1.    The rate of return on the capital invested
  2.    Central Government
  3.    Liquidity preferences
  4.    Commercial Banks
 Discuss Question
Answer: Option D. -> Commercial Banks




Question 205. "Father of Indian Missile Science" is ______
  1.    A. P. J. Abdul Kalam
  2.    P. K. Iyengar
  3.    C. V. Raman
  4.    Sir Jagadish Chandra Bose
 Discuss Question
Answer: Option A. -> A. P. J. Abdul Kalam




Question 206. Mutual funds are required to be registered with:
  1.    AMFI
  2.    SEBI
  3.    IBA
  4.    RBI
 Discuss Question
Answer: Option B. -> SEBI




Question 207. The biggest international financial centre in the world:
  1.    Frankfurt
  2.    Geneva
  3.    London
  4.    New York
 Discuss Question
Answer: Option C. -> London




Question 208. What is Yield Curve Risk?
  1.    It is a line of graph plotting the yield of all maturities of a particular instrument
  2.    Yield curve changes its slope and shape from time to time
  3.    Yield curve can be twisted to the desired direction through the intervention of RBI.
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above




Question 209. ISRO achieved a huge milestone as it successfully tested latest and most powerful cryogenic engine for 800 seconds on 20th July 2015. This full duration test was performed successfully at _________
  1.    Thumba, Kerala
  2.    Sriharikota, Andhra Pradesh
  3.    Chandipur, Odisha
  4.    Mahendragiri, Tamilnadu
 Discuss Question
Answer: Option D. -> Mahendragiri, Tamilnadu




Question 210. Which subsidiary bank was merged with the State Bank of India on August 13, 2008?
  1.    State Bank of Hyderabad
  2.    State Bank of Indore
  3.    State Bank of Mysore
  4.    State Bank of Saurashtra
 Discuss Question
Answer: Option D. -> State Bank of Saurashtra


State Bank of Saurashtra was a government-owned bank in India. It was one of the seven Associate Banks of the State Bank of India, with which it merged on 13 August 2008. At the time of the merger, the Bank had a network of 423 branches spread over 15 states and the Union Territory of Daman and Diu.


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