MCQs with answers on Banking in India | Banking Awareness MCQs for Banking exams, IBPS, SBI | GK

Boost your chances of acing all sorts of competitive exams with this comprehensive video filled with general knowledge questions and answers. Whether you're preparing for UPSC, Bank PO, CDS, CMAT, SSC CGL or any similar exams, we've got you covered! From current affairs to history, geography to science, this video leaves no subject untouched. Our experts have curated a collection of the most important and frequently asked questions, guaranteeing an enhanced understanding of key concepts. Don't miss out on this valuable resource that will sharpen your knowledge and boost your confidence. Get started on your path to success today!
1. We should keep our savings with banks because-
a) It is safe
b) Earns interest
c) Can be withdrawn anytime
d) All of above
Answer-d) All of above
2. Bank does not give loan against
a) Gold Ornaments
b) LIC policy
c) Lottery ticket
d) NSC
Answer-c) Lottery ticket
3. Bank having maximum number of branches in India
a) Reserve Bank of India
b) State Bank of India
c) Punjab National Bank
d) Bank of Baroda
Answer-b) State Bank of India
4. 100/- Rupee note is signed by
a) Prime Minister
b) Finance Minister
c) RBI Governor
d) None of above
Answer-c) RBI Governor
5. ATM password should be kept in
a) Personal diary
b) Office diary
c) Memory
d) All of above
Answer-c) Memory
6. ATM password to be shared only with
a) Spouse
b) Obedient son
c) Obedient daughter
d) None of above
Answer-d) None of above
7. Nomination can be done in
a) Savings Bank account
b) Recurring Deposit account
c) Fixed Deposit account
d) All of above
Answer-d) All of above
8. Minimum age required to open SB account in the bank
a) 8 years
b) 10 years
c) 12 years
d) None of above
Answer-b) 10 years
9. Bank does not provide loans for
a) Crop loans
b) Education loans
c) Home loans
d) Drinking & Gambling
Answer-d) Drinking & Gambling
10. KYC means
a) Know your customer
b) Know your character
c) Both of above
d) None of above
Answer-a) Know your customer
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