All Bank Related MCQs, MCQ on Banking Class 12, MCQ on Banking System in India, Indian Banking System MCQ pdf, Banking MCQ Questions with Answers.
General Knowledge Questions related to Banking which are important for Banking Exams like IBPS PO, IBPS Clerk, SBI Clerk, IBPS SO, SBI Office Assistant as well as other competitive exams. Here is the collection of general knowledge questions asked in government bank exams.
Here we have listed some Bank Hindi GK Questions and Answers related to Banking & Finance for SBI PO, IBPS PO, RBI, IBPS Clerk exams which are useful in all banking exams and interviews. Will be helpful for you.
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All Bank Related MCQs, Regional Rural Banks, Regional Rural Banks in India, Regional Rural Banks of India, Test for Banking, Banking Static GK, Bank GK, Static Banking MCQs.
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What is World Bank :
All Bank Related MCQs : The World Bank is a unique institution. Its main objective is to provide financial assistance to the member nations in the works of reconstruction and development.
The World Bank Group is a group of five international organizations that provide finance and financial advice to member countries. Its headquarters is in Washington, D.C. is in
Currently, the World Bank is playing an important role in providing loans to member countries, especially underdeveloped countries, for development works.
The bank provides loans for various development projects with tenure ranging from 5 to 20 years. 1- The Bank can lend to member countries up to 20% of its share in the paid-up capital.
MCQ on Banking Class 12 :
MCQ on Types of Banks, MCQ on Banking and Finance pdf, Banking MCQ pdf, All Bank Related MCQs, MCQ on Banking Class 12.
1. We should keep our savings with banks because
- a) It is safe
- b) Earns interest
- c) Can be withdrawn anytime
- d) All of above
2. Bank does not give loan against
- a) Gold Ornaments
- b) LIC policy
- c) Lottery ticket
- d) NSC
3. Bank having maximum number of branches in India
- a) Reserve Bank of India
- b) State Bank of India
- c) Punjab National Bank
- d) Bank of Baroda
4. 100/- Rupee note is signed by
- a) Prime Minister
- b) Finance Minister
- c) RBI Governor
- d) None of above
5. ATM password should be kept in
- a) Personal diary
- b) Office diary
- c) Memory
- d) All of above
Test for Banking :
6. ATM password to be shared only with
- a) Spouse
- b) Obedient son
- c) Obedient daughter
- d) None of above
7. Nomination can be done in
- a) Savings Bank account
- b) Recurring Deposit account
- c) Fixed Deposit account
- d) All of above
8. Who is the present Governor of RBI?
- a) K.C. Chakrabarty
- b) D K Mittal
- c) Raghuram Rajan
- d) Montek Singh Ahluwalia
10. Minimum age required to open SB account in the bank
- a) 8 years
- b) 10 years
- c) 12 years
- d) None of above
11. Bank does not provide loans for
- a) Crop loans
- b) Education loans
- c) Home loans
- d) Drinking & Gambling
12. KYC means
- a) Know your customer
- b) Know your character
- c) Both of above
- d) None of above
13. Loans from money lenders are
- a) With High rate of interest
- b) No proper accounting
- c) No transparency
- d) All of above
14. ATM means
- a) Any Time Money
- b) Auto Truck of Mahindra
- c) Automated Teller Machine
- d) None of above
15. Timely repayment of loans results
- a) Good reputation
- b) No tension
- c) Easily availability of loan in future
- d) All of above
Banking MCQ Questions with Answers :
16. Defaulter of loan means
- a) Not paying loan instalments
- b) Bad reputation
- c) Illegal activities
- d) None of above
17. Life insurance means
- a) Insurance of human
- b) Insurance of life of human and Cattle
- c) Insurance of Life of Machines
- d) All of above
18. General Insurance relates to insurance against
- a) Fire
- b) Theft
- c) Burglary
- d) All of above
19. Aadhaar is
- a) 12 digit number card
- b) Identity proof issued by UIDAI
- c) Both (a) & (b)
- d) None of above
20. E or S means
- a) East or South zone
- b) Easy and Swift
- c) Either or Survivor
- d) None of above
21. Which is prohibited for writing on currency notes?
- a) Political message
- b) Religious message
- c) Personal message
- d) All of above
22. PPF means
- a) Pension Planning Funds
- b) Person having Pension Facilities
- c) Public Provident Fund
- d) Permanent Practitioner’s Forum
23. Highest denomination of currency notes issued by RBI is
- a) Rs.100/-
- b) Rs.500/-
- c) Rs.1,000/-
- d) Rs.10,000/-
24. NRI means
- a) Non Rural Individuals
- b) Non Rural Immigrants
- c) Non Resident Indian
- d) None of above
25. PAN means
- a) A kind of utensil
- b) Primary Account Number
- c) Permanent Account Number
- d) None of above
All Bank Related MCQs FAQs :
How many public sector banks are there in India?
The correct answer is 12. The Indian banking system includes 12 public sector banks, 22 private sector banks, 44 foreign banks, 56 regional rural banks, 1,485 urban cooperative banks and 96,000 rural cooperative banks, apart from cooperative credit institutions.
What is the number of banks in public sector?
Indian Finance Minister Nirmala Sitharaman had recently announced the merger of some banks which have already been implemented. After this merger, the number of public sector banks in India has come down from 27 banks in 2017 to 12 banks in 2021.
How many types of banks are there in India?
There are different types of banks working in the country to meet the various financial needs of the customers, which can be classified as- (1) Commercial Banks (2) Co-operative Banks (3) Development Banks (4) Special Purpose Banks Bank (4) 5) Central Bank.
Which is the number one bank of India?
State Bank of India i.e. SBI is considered as the largest bank in India. There are many reasons to consider it as the biggest bank of India. Like their revenue, profit, number of bank branches and number of customers etc.
Which is the first bank of India?
The first bank named “Bank of Hindustan” was established in India on the European pattern.