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GK MCQs Section

Page-25 of Archives: May, 2015

Which among the following is not a feature of Saving Accounts?

Which among the following is not a feature of Saving Accounts? [A]Preferred by individuals savers [B]Usually low scale transactions [C]Earns interest [D]Has overdraft facility Show Answer Has overdraft...

May 19, 2015

Which among the following is / are correct statements about Demand Deposits?

Which among the following is / are correct statements about Demand Deposits? 1. Money in demand deposits is liquid 2. All demand deposits earn interest 3. Ownership of...

May 19, 2015

Which among the following is / are examples of Recurring deposit?

Which among the following is / are examples of Recurring deposit? 1. Home safe account 2. Sickness deposit account 3. Home construction deposit scheme Select the correct option...

May 19, 2015

In which of the following types of accounts, fixed amount has to deposit over a fixed interval of time?

In which of the following types of accounts, fixed amount has to deposit over a fixed interval of time? [A]Saving account [B]Current account [C]Recurring Deposit account [D]Term Deposit...

May 19, 2015

Which among the following is / are types of Deposit accounts?

Which among the following is / are types of Deposit accounts? 1. CASA account 2. Salary Account 3. Recurring Account Select the correct option from the codes given...

May 19, 2015

Which among the following work as assets of banks?

Which among the following work as assets of banks? [A]Deposits made by public [B]Funds received from RBI under Liquidity Adjustment Facility [C]Loans advanced to customers [D]Current & Saving...

May 19, 2015

A customer’s financial profile with high Debt Ratio would indicate that

A customer’s financial profile with high Debt Ratio would indicate that __: [A]The customer is in good financial health [B]The customer’s overall level of debt is low [C]The...

May 19, 2015

MCQ on Current Account

In context with the Current Account, consider the following statements: 1. It is used for commercial purposes 2. It attracts no rate of interest 3. The banks generally...

May 19, 2015

The custodian of India’s foreign exchange reserve is__:

The custodian of India’s foreign exchange reserve is__: [A]Department of Finance [B]State Bank of India [C]Reserve Bank of India [D]Board of Financial Supervision Show Answer Reserve Bank of...

May 19, 2015

If Repo Rate is 6%, then which among the following is correct about Reverse Repo and Marginal Standing Facility?

If Repo Rate is 6%, then which among the following is correct about Reverse Repo and Marginal Standing Facility? [A]Reverse Repo Rate is 7% and Marginal Standing Facility...

May 19, 2015

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