McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 1. |
A bank is a financial intermediary because |
| A. | it acts as the broker between depositor and borrower |
| B. | it acts as the link between the savers and the borrowers |
| C. | it is in the finance industry |
| D. | it is in the intermediary industry |
| Answer» B. it acts as the link between the savers and the borrowers | |
| 2. |
Bank’s services include |
| A. | Net banking |
| B. | Mobile banking |
| C. | Phone banking |
| D. | All the above |
| Answer» D. All the above | |
| 3. |
An Investment Bank is a bank |
| A. | Which invests money in another bank |
| B. | Which collects investments from public |
| C. | An intermediary which performs a variety of financial services to corporate |
| D. | none |
| Answer» C. An intermediary which performs a variety of financial services to corporate | |
| 4. |
_____________are NOT a part of the Scheduled banking structure in India. |
| A. | Money lenders |
| B. | Public sector banks |
| C. | Private sector banks |
| D. | Regional rural banks |
| Answer» A. Money lenders | |
| 5. |
Which of the following is NOT a function of Commercial Bank? |
| A. | Providing Project Finance Settling of payments on behalf of the customers. |
| B. | Deciding policy rates like CRR, SLR and Repo rate. |
| C. | Issuing credit / debit /ATM cards |
| D. | none |
| Answer» B. Deciding policy rates like CRR, SLR and Repo rate. | |
| 6. |
Which of the following public sector banks has the largest number of branches in foreign countries? |
| A. | Bank of India |
| B. | Bank of Baroda |
| C. | Punjab National Bank |
| D. | Corporation Bank |
| Answer» B. Bank of Baroda | |
| 7. |
Bank of Rajasthan is now merged with which of the following Banks? |
| A. | Axis Bank |
| B. | IDBI Bank |
| C. | ICICI bank |
| D. | HDFC Bank |
| Answer» C. ICICI bank | |
| 8. |
The rupee Note contain the signature of – |
| A. | Finance Secretary, GOI |
| B. | Chairman, SBI |
| C. | Governor, RBI |
| D. | Finance Minister, GOI |
| Answer» D. Finance Minister, GOI | |
| 9. |
Zero balance account is generally allowed to be open for – |
| A. | Salaried Class |
| B. | Business Man |
| C. | Foreign Customers |
| D. | Children |
| Answer» A. Salaried Class | |
| 10. |
The only merger of two public sector banks took place between – |
| A. | Bank of India and New Bank of India |
| B. | Punjab National Bank and New Bank of India |
| C. | Allahabad Bank and United Bank of India |
| D. | Punjab National Bank and Bank of Rajasthan |
| Answer» B. Punjab National Bank and New Bank of India | |
| 11. |
Canara Bank and Corporation Bank have headquarters in _____ and _____ respectively. |
| A. | Bangalore, Mangalore |
| B. | Mangalore, New Delhi |
| C. | Both in Bangalore |
| D. | Both in Mangalore |
| Answer» A. Bangalore, Mangalore | |
| 12. |
Which bank was united with the Punjab National Bank in 1993? |
| A. | Oudh Commercial Bank |
| B. | New Bank of India |
| C. | Punjab and Sind Bank |
| D. | Imperial Bank of India |
| Answer» B. New Bank of India | |
| 13. |
Which among the following bank has its headquarters in Mumbai? |
| A. | Allahabad Bank |
| B. | UCO Bank |
| C. | United Bank of India |
| D. | Bank of India |
| Answer» D. Bank of India | |
| 14. |
Which bank has become the first private sector bank to sell Indian gold coins? |
| A. | Dhanlaxmi Bank |
| B. | Federal Bank |
| C. | Karur Vysya Bank |
| D. | ICICI Bank |
| Answer» B. Federal Bank | |
| 15. |
Which private bank was earlier known as The Kumbakonam Bank Limited? |
| A. | Tamil Nadu Mercantile Bank |
| B. | Federal Bank |
| C. | South Indian Bank |
| D. | City Union Bank |
| Answer» D. City Union Bank | |
| 16. |
Which Private bank is the wholly owned subsidiary of Bank of Baroda? |
| A. | Axis Bank |
| B. | Nainital Bank |
| C. | HDFC Bank |
| D. | Bandhan Bank |
| Answer» B. Nainital Bank | |
| 17. |
Among the following banks, which bank has been renamed as Axis Bank Ltd? |
| A. | HDFC Bank |
| B. | Centurion Bank |
| C. | Lord Krishna Bank |
| D. | UTI Bank |
| Answer» D. UTI Bank | |
| 18. |
Where is the operational head office of HSBC Bank located in India? |
| A. | New Delhi |
| B. | Bangalore |
| C. | Mumbai |
| D. | Chennai |
| Answer» C. Mumbai | |
| 19. |
How many foreign banks are there in India at present? |
| A. | 42 |
| B. | 43 |
| C. | 44 |
| D. | 45 |
| Answer» D. 45 | |
| 20. |
Which is the largest foreign bank in India? |
| A. | HSBC |
| B. | Citi Bank |
| C. | Standard Chartered Bank |
| D. | Deutshce Bank |
| Answer» C. Standard Chartered Bank | |
| 21. |
Where Citi Bank India was first established its office in 1902? |
| A. | Calcutta |
| B. | Bombay |
| C. | Madras |
| D. | Dhaka |
| Answer» A. Calcutta | |
| 22. |
Which is the 3rd largest foreign bank of India in terms of branches? |
| A. | HSBC |
| B. | Citi Bank |
| C. | Standard Chartered |
| D. | Royal bank of Scotland |
| Answer» A. HSBC | |
| 23. |
Bhartiya Mahila Bank was founded in the year ____? |
| A. | 2011 |
| B. | 2012 |
| C. | 2013 |
| D. | 2014 |
| Answer» C. 2013 | |
| 24. |
Which one among the following has not started commercial banking? |
| A. | SIDBI |
| B. | IDBI |
| C. | ICICI |
| D. | UTI |
| Answer» A. SIDBI | |
| 25. |
The merger of _________and ________was the first M and A activity after liberalization. |
| A. | Times Bank and HDFC Bank |
| B. | New Bank of India and Punjab National Bank |
| C. | ICICI and ICICI Bank |
| D. | GTB and Oriental Bank of Commerce |
| Answer» C. ICICI and ICICI Bank | |
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