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Types of Banks and Banking Models
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1.
What is the type of banking where banks operate only from a single branch called as?
Narrow banking
Unit Banking
Shadow Banking
None of the above
2.
What do we call the type of banking carried out by the non-bank financial intermediaries which provide services similar to those of traditional commercial banks?
Social Banking
Mixed Banking
Shadow banking
Narrow banking
3.
What is Islamic Banking?
Banking in which lending is prohibited
Banking in Muslim countries
Banking consistent with the principles of sharia
None of the above
4.
What is the banking, where all banking operations are online, known as?
Virtual Banking
Retail Banking
Mixed Banking
Social Banking
5.
What do we call the banking oriented towards mass welfare and financial inclusion of the poor?
Mass Banking
Narrow banking
Social banking
None of the above
Submit Test
These questions are part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.
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