Multiple Choice Questions
c) Fixed Deposit account
d) All of above
1. We should keep our savings with
banks because
a) It is safe
b) Earns interest 8. Who is the present Governor of
c) Can be withdrawn anytime RBI?
d) All of above a) K.C. Chakrabarty
b) D K Mittal
2. Bank does not give loan against c) Raghuram Rajan
a) Gold Ornaments d) Montek Singh Ahluwalia
b) LIC policy
c) Lottery ticket 9.
d) NSC is the logo of
a) State Bank of India
3. Bank having maximum number of b) Punjab National Bank
branches in India c) Bank of Baroda
a) Reserve Bank of India d) None of above
b) State Bank of India
c) Punjab National Bank 10. Minimum age required to open SB
d) Bank of Baroda account in the bank
a) 8 years
4. 100/- Rupee note is signed by b) 10 years
a) Prime Minister c) 12 years
b) Finance Minister d) None of above
c) RBI Governor
d) None of above 11. Bank does not provide loans for
a) Crop loans
5. ATM password should be kept in b) Education loans
a) Personal diary c) Home loans
b) Office diary d) Drinking & Gambling
c) Memory
d) All of above 12. KYC means
a) Know your customer
6. ATM password to be shared only b) Know your character
with c) Both of above
a) Spouse d) None of above
b) Obedient son
c) Obedient daughter 13. Loans from money lenders are
d) None of above a) With High rate of interest
b) No proper accounting
7. Nomination can be done in c) No transparency
a) Savings Bank account d) All of above
b) Recurring Deposit account
, b) Easy and Swift
14. ATM means c) Either or Survivor
a) Any Time Money d) None of above
b) Auto Truck of Mahindra
c) Automated Teller Machine 21. Which is prohibited for writing on
d) None of above currency notes?
a) Political message
15. Timely repayment of loans results b) Religious message
a) Good reputation c) Personal message
b) No tension d) All of above
c) Easily availability of loan in
future
d) All of above
22. PPF means
16. Defaulter of loan means a) Pension Planning Funds
a) Not paying loan instalments b) Person having Pension
b) Bad reputation Facilities
c) Illegal activities c) Public Provident Fund
d) None of above d) Permanent Practitioner’s
Forum
17. Life insurance means
a) Insurance of human 23. Highest denomination of currency
b) Insurance of life of human and notes issued by RBI is
Cattle a) Rs.100/-
c) Insurance of Life of b) Rs.500/-
Machines c) Rs.1,000/-
d) All of above d) Rs.10,000/-
18. General Insurance relates to 24. NRI means
insurance against a) Non Rural Individuals
a) Fire b) Non Rural Immigrants
b) Theft c) Non Resident Indian
c) Burglary d) None of above
d) All of above
25. PAN means
19. Aadhaar is a) A kind of utensil
a) 12 digit number card b) Primary Account Number
b) Identity proof issued by c) Permanent Account Number
UIDAI d) None of above
c) Both (a) & (b)
d) None of above 26. Who is the present Chairman of
State Bank of India?
20. E or S means a) Arundhati Bhattacharya
a) East or South zone b) O.P. Bhatt
c) Fixed Deposit account
d) All of above
1. We should keep our savings with
banks because
a) It is safe
b) Earns interest 8. Who is the present Governor of
c) Can be withdrawn anytime RBI?
d) All of above a) K.C. Chakrabarty
b) D K Mittal
2. Bank does not give loan against c) Raghuram Rajan
a) Gold Ornaments d) Montek Singh Ahluwalia
b) LIC policy
c) Lottery ticket 9.
d) NSC is the logo of
a) State Bank of India
3. Bank having maximum number of b) Punjab National Bank
branches in India c) Bank of Baroda
a) Reserve Bank of India d) None of above
b) State Bank of India
c) Punjab National Bank 10. Minimum age required to open SB
d) Bank of Baroda account in the bank
a) 8 years
4. 100/- Rupee note is signed by b) 10 years
a) Prime Minister c) 12 years
b) Finance Minister d) None of above
c) RBI Governor
d) None of above 11. Bank does not provide loans for
a) Crop loans
5. ATM password should be kept in b) Education loans
a) Personal diary c) Home loans
b) Office diary d) Drinking & Gambling
c) Memory
d) All of above 12. KYC means
a) Know your customer
6. ATM password to be shared only b) Know your character
with c) Both of above
a) Spouse d) None of above
b) Obedient son
c) Obedient daughter 13. Loans from money lenders are
d) None of above a) With High rate of interest
b) No proper accounting
7. Nomination can be done in c) No transparency
a) Savings Bank account d) All of above
b) Recurring Deposit account
, b) Easy and Swift
14. ATM means c) Either or Survivor
a) Any Time Money d) None of above
b) Auto Truck of Mahindra
c) Automated Teller Machine 21. Which is prohibited for writing on
d) None of above currency notes?
a) Political message
15. Timely repayment of loans results b) Religious message
a) Good reputation c) Personal message
b) No tension d) All of above
c) Easily availability of loan in
future
d) All of above
22. PPF means
16. Defaulter of loan means a) Pension Planning Funds
a) Not paying loan instalments b) Person having Pension
b) Bad reputation Facilities
c) Illegal activities c) Public Provident Fund
d) None of above d) Permanent Practitioner’s
Forum
17. Life insurance means
a) Insurance of human 23. Highest denomination of currency
b) Insurance of life of human and notes issued by RBI is
Cattle a) Rs.100/-
c) Insurance of Life of b) Rs.500/-
Machines c) Rs.1,000/-
d) All of above d) Rs.10,000/-
18. General Insurance relates to 24. NRI means
insurance against a) Non Rural Individuals
a) Fire b) Non Rural Immigrants
b) Theft c) Non Resident Indian
c) Burglary d) None of above
d) All of above
25. PAN means
19. Aadhaar is a) A kind of utensil
a) 12 digit number card b) Primary Account Number
b) Identity proof issued by c) Permanent Account Number
UIDAI d) None of above
c) Both (a) & (b)
d) None of above 26. Who is the present Chairman of
State Bank of India?
20. E or S means a) Arundhati Bhattacharya
a) East or South zone b) O.P. Bhatt
