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200+ Modern Banking Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Arts in Economics (BA Economics) .

201.

A mutilated cheque will be -----------

A. Crossed
B. Endorsed
C. Marked
D. Torn
Answer» D. Torn
202.

FDR stands for..........

A. Fiduciary Deposit Reserve
B. Fixed Deposit Receipt
C. Fixed Depreciation Rate
D. Fixed Deposit Rate
Answer» B. Fixed Deposit Receipt
203.

The chairman of 13th Finance commission is

A. A M Khushro
B. C Rangarajan
C. Vijay Kelkar
D. Bimal Jalan
Answer» C. Vijay Kelkar
204.

The first bank in the world

A. Bank of America
B. Federal Reserve bank
C. Bank of Venice
D. Bank of Hindustan
Answer» C. Bank of Venice
205.

The first bank in India

A. Allahabad bank
B. Punjab National Bank
C. Nedungadi Bank
D. Bank of Hindustan
Answer» D. Bank of Hindustan
206.

First purely Indian bank is

A. Allahabad bank
B. Punjab National Bank
C. Nedungadi Bank
D. Bank of Hindustan
Answer» B. Punjab National Bank
207.

The first bank in Kerala

A. Federal Bank
B. South Malabar Gramin Bank
C. North Malabar Gramin bank
D. Nedungadi bank
Answer» D. Nedungadi bank
208.

The first international credit card was introduced in India by

A. SBI
B. Canara bank
C. Andhra Bank
D. Bank of Baroda
Answer» C. Andhra Bank

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