Question types

Banking question types

71 questions across 4 question groups — pick any mix to generate a Economics paper with step-by-step answer keys.

71
Questions
4
Question groups
5
Question types
Sample Questions

Banking questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Assertion (A): Primary deposits are also called as passive deposits.
Reason (R): Passive deposits are also called as time deposits.
  • A
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true

Answer: C.

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Assertion (A): The objectives of demonetization is called issuing currency notes.
Reason (R): Black money accepted.
  • A
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true

Answer: C.

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Assertion (A): Credit creation leads to increase in production.
Reason (R): Credit creation means the multiplication of loans and advances.
  • Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • C
    ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true

Answer: A.

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Assertion (A): Bank is service institution.
Reason (R): Commercial Bank is an institutions that provides accepting deposits and providing loans to the public.
  • A
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • C
    ‘A’ is true but ‘R’ is false
  • ‘A’ is false but ‘R’ is true

Answer: D.

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Assertion (A): Bank rate means re – discounting the first class securities.
Reason (R): Credit creation means not given loans and advances.
  • A
    Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
  • B
    Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
  • ‘A’ is true but ‘R’ is false
  • D
    ‘A’ is false but ‘R’ is true

Answer: C.

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