Explore topic-wise MCQs in Banking And Financial Awareness.

This section includes 2 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.

Match the item of List I with the items of List II and suggest the correct code:List IList IIa.Relationship Bankingi.Dealing in hundis and acceptance of depositsb.Merchant Bankingii.Widening the entrepreurial base and assist in a rapid rate of industrial growthc.Indigenous Bankingiii.Engaged in the business of capital issue managementd.Development Bankingiv.Creating, maintaining and enhancing strong relationship with customers

A. a-iv, b-ii, c-i, d-iii
B. a-ii, b-iii, c-i, d-iv
C. a-iv, b-iii, c-i, d-ii
D. a-ii, b-i, c-iv, d-iii
Answer» B. a-ii, b-iii, c-i, d-iv
Discussion
2.

As per the guidelines for licensing payments banks, a payments bank will initially be restricted to holding a maximum balance of Rs. ________ per individual customer.

A. 50,000
B. 2,00,000
C. 1,00,000
D. 10,00,000
E. 1,50,000
Answer» D. 10,00,000
Discussion