Banking Awareness MCQ - English

Set 1 MCQ Questions and Answers

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Banking Awareness MCQ Questions and Answers - Student ! Here available Banking Awareness Quiz Questions with Answers, you can learn and practice objective questions and you can also Online Test Banking Awareness.

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11) Currency notes deposited in the currency chest are the property of ____?

12) A fixed deposit receipt is kept with the bank for its safety, is known as ___?

13) Who among the following is the primary regulator of Banking business?

14) The main business of banks is to accept deposits from the public. However, a bank can refuse to permit opening an account on behalf of _______:

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15) Banks are required to monitor transactions of suspicious nature for reporting to the authorities under anti- money laundering measures. The purpose of reporting is:

16) Acceptance of deposits by non - banking financial companies is regulated by RBI under:

17) If a company, which is not a non - banking financial company wants to collect public deposits, it is governed by ___ Act

18) Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:

19) Every Banking company is required to use the word Bank in its name and no company other than a Banking company can use the words Bank, Banker or Banking as a part of its name as per:

20) In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under ____ Act

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