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GK
GK Set-1
Economics
Banking System
27

Banking System MCQ (GK Set-1) with Answers

27) Which of the following terms is used in banking field?

Interest rate swap

Input devices

Sedimentary

Zero Hour

Answer is:

Interest rate swap

Banking System MCQ (GK Set-1) with Answers

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Related Banking System MCQ (GK Set-1) with Answers

28) Expand the term EMI as used in banking/finance sector?

Easy Monthly Instalment

Equal Monthly Investment

Equated Monthly Instalment

Equated Mortgage Investment

Answer is:

Equated Monthly Instalment

29) Bank rate is decided by which of the following?

Reserve Bank of India

Government Of India

State Bank of India

Securities and Exchange Board of India

Answer is:

Reserve Bank of India

30) With which of following types of loans are teaser rates related?

Home loans

Personal loans

Auto loans

Reverse mortgage loans

Answer is:

Home loans

31) What does M in M-Banking Facility being offered by banks to their customers, stand for?

Money

Marginal

Message

Mobile Phone

Answer is:

Mobile Phone

Banking System MCQ (GK Set-1) with Answers

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