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.
81. Which of the following NBFCs provides finance to the public whether by making loans or advances?

[A] Asset Finance Company
[B] Investment Company
[C] Loan Companies
[D] Infrastructure Finance Company

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82. Which of the following targets at individuals and small businesses who lack access to conventional banking and related services?

[A] Asset Finance Company
[B] Investment Company
[C] NBFC Micro Finance Institution
[D] Infrastructure Finance Company

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83. For an NBFC-MFI, the tenure of the loan must not to be less than how many months?

[A] 12 months
[B] 24 months
[C] 18 months
[D] 36 months

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84. How much per cent of the total assets of the company should be deployed in the infrastructure loans?

[A] 75%
[B] 60%
[C] 80%
[D] 50%

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85. Which of the following are functions of financial services?

[A] Mobilization of savings
[B] Allocation of fund
[C] Specialized services
[D] All of the above

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86. Which of the following operates in Inter-bank call money market?

[A] Scheduled commercial banks
[B] Co-operative banks
[C] Financer house of India
[D] All of the above

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87. Which of the following is defined as a central location for keeping securities on deposit?

[A] Institutions
[B] Depository
[C] Instrument
[D] None of the above

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88. Formal merchant banking activity in India was originated in which of the following years?

[A] 1978
[B] 1969
[C] 1769
[D] 1987

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89. The term ‘Merchant Bank’ is used in whivh of the following countries?

[A] United States of America
[B] United Kingdom
[C] France
[D] India

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90. Which of the following actions is performed by debenture trustee in case of delayed payment?

[A] Update the calendar specifying the date of such payment
[B] Cancel the payment
[C] Register a complaint
[D] None of the above

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