Banking Industry MCQs – General Awareness MCQs

• Topic: Banking Industry MCQs

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• Number of Questions: 10
• Target: SBI PO, SBI Clerk, RBI Assistant, IBPS PO, IBPS Clerk, SSC CGL, SSC GD, SSC CPO, SSC MTS, SSC CHSL, Railways, etc.

Let’s Start

1. In which year Punjab National Bank was established?

1. 1880
2. 1887
3. 1894
4. 1900
5. None of the Above

2. What is the full form of ‘CORE’ in core banking services?

1. Channel of Rupee Exchange
2. Customer Online Realtime Exchange
3. Centralized Online Rupee Exchange
4. Centralized Online Realtime Exchange
5. Customer Online Rupee Exchange

3. What is the upper limit of RTGS transactions in India?

1. No limit
2. ₹10 lacs
3. ₹50 lacs
4. ₹20 lacs
5. ₹40 lacs

4. Open unemployment refers to people-

1. ho are not willing to work
2. Who are willing but do not get work.
3. who leave their jobs in search of better jobs.
4. Who has been dismissed because of corrupt practices.
5. None of these

5. ‘Open Market Operation’ is a part of-

1. Income Policy
2. Fiscal Policy
3. Credit Policy
4. Labour Policy
5. None of these

6. SDR, the currency of the IMF, is in the form of-

1. Paper Currency
2. Gold
3. Silver and Gold both
4. Book Keeping entry only
5. None of these

7. In India, National income is estimated by?

1. Planning Commission
2. Indian Statistical Institute
3. Central Statistical Organisation
4. National Sample Survey Organisation
5. None of these

8. Hindu Rate of Growth refers to the rate of growth of-

1. GDP
2. Population
3. Foodgrains
4. Per Capita income
5. None of these

9. Which one of the following is not an objective of the fiscal policy of the Indian Government?

1. Full employment
2. Regulation of Inter-State-trade
3. Price stability
4. Equitable distribution of wealth & income
5. None of these

10. How many times has a financial emergency been declared in India so far?

1. 5 times
2. 4 times
3. Once
4. Never
5. None of the above