MCQOPTIONS
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MCQOPTIONS
This section includes 6 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
How many members are there in the Monetary Policy Committee of India? |
| A. | 5 |
| B. | 6 |
| C. | 21 |
| D. | 3 |
| Answer» C. 21 | |
| 2. |
In which state has the Central Government amalgamated three Regional Rural Banks (RRBs) with effect from 1st January 2019? |
| A. | Rajasthan |
| B. | Uttar Pradesh |
| C. | Haryana |
| D. | Punjab |
| Answer» E. | |
| 3. |
On 2 January 2018, Parliament Passed NABARD (Amendment) Bill, 2017. The Bill seeks to increase the capital of NABARD from Rs 5,000 crore to ______. |
| A. | Rs. 30,000 crore |
| B. | Rs. 10,000 crore |
| C. | Rs. 20,000 crore |
| D. | Rs. 40,000 crore |
| Answer» B. Rs. 10,000 crore | |
| 4. |
Opening the Saving Bank Account of a minor girl will be called as which of the following in Banking terminology ? |
| A. | Retail Banking |
| B. | Merchant Banking |
| C. | Social Banking |
| D. | Corporate Banking |
| Answer» B. Merchant Banking | |
| 5. |
For how many months is a cheque valid from the date of issue?A. 1 monthB. 2 monthsC. 3 monthsD. 6 months |
| A. | A |
| B. | B |
| C. | D |
| D. | C |
| Answer» E. | |
| 6. |
On 2 January 2018, Parliament passed NABARD (Amendment) Bill, 2017 which seeks to amend |
| A. | NABARD Act, 1975 |
| B. | NABARD Act, 1961 |
| C. | NABARD Act, 1981 |
| D. | NABARD Act, 1991 |
| Answer» D. NABARD Act, 1991 | |