Banking Awareness – 2020 for IBPS, RBI, SBI, NABARD and other Bank Examinations

Welcome to GKToday’s Banking Awareness Section. This section shows 100 random questions from GKToday’s Banking Awareness MCQs.

A chapterwise course of all the 925 questions divided into 88 Chapters in Banking Awareness is Available in GKToday’s Academy app for android mobiles.
11. Which of the following exactly define the meaning of Mezzanine Financing?
[A] It is a hybrid of debt and equity financing.
[B] It is the highest-risk form of debt, but it offers some of the highest returns.
[C] It allows companies with less collateral to secure funding for growth.
[D] All of the Above

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12. Which of the following best define the term Relationship discount?
[A] It is given to the couple applying for personal loans.
[B] It is an additional benefit by banks.
[C] It is given to a prospective applicant if they have a pre-existing relationship with the lender.
[D] Both b and c

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13. Which of the following are the ways to repay the personal loan?
[A] Equated Monthly Installments via Cheques
[B] Electronic Clearing Services
[C] Cash
[D] Both a and b

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14. What are the Pre-Payment charges applied on paying personal loan before tenure period.
[A] 10% of the Principal
[B] 5% of the Principal
[C] 1-2% of the Principal
[D] 7% of the Principal

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15. Which of the following organizations is the Mutual Fund market regulator in India?
[A] SEBI
[B] RBI
[C] ICICI
[D] CIBIL

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16. Which of the following mutual funds solely invests in stocks?
[A] Bond Fund
[B] Fixed Income Fund
[C] Money Market Mutual Fund
[D] Equity Fund

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17. Mutual funds in India are permitted to invest in which of the following?
[A] Securities
[B] Securities and Gold
[C] Securities other than Real Estate
[D] Securities, Gold and Real Estate

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18. National Housing Bank was set up on July 9, 1988 under which among the following acts?
[A] National Housing Bank Act, 1985
[B] National Housing Bank Act, 1986
[C] National Housing Bank Act, 1987
[D] None of the Above

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19. Which of the following clearly define Direct Housing Finance?
[A] It refers to the finance provided to individuals or groups of individual including co-operative societies.
[B] It is channeled by the way of terms of loans to housing finance institutions, housing boards etc.
[C] Bank finance extended to a person who is already owning a house in the town of village.
[D] Both a and c

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20. What is the time period for a Short term corporate loan?
[A] 1 Year
[B] 18 Months
[C] Both a and b
[D] None of the above

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