Banking MCQs

By: Prof. Dr. Fazal Rehman | Last updated: March 3, 2022

Here, I am sharing with you the important Banking MCQs that can help you in different examinations. Credit money is controlled by which of the followings department? (A). Government (B). Commercial banks (C). Markets (D). Central bank (E). None of these Answer: (D). Central bank Select the departments of State Bank of Pakistan? (A). Issue and banking department (B). Issue, research and banking department (C). Banking and research department (D). Issue and research department (E). None of these Answer:(B). Issue, research and banking department State Bank of Pakistan is run by which of the following? (A). Board of managers (B). Board of governors (C). Board of directors (D). Board of bankers (E). None of these Answer:(C). Board of directors Which of the following is the process of monitoring performance, comparing it with goals, and correcting any significant deviations? (A). Planning (B). Controlling (C). Leading (D). Organizing (E). None of these Answer: (B). Controlling Select the organization which has no interaction with its external environment? (A). Open system (B). Moderated system (C). Non-interactive system (D). Closed system (E). None of these Answer:(D). Closed system When Mr.Sameed decides to deploy employees to one another department that is lagging behind in production, here Mr.Sameed is acting in which of the following roles? (A). Spokesperson (B). Resource allocator (C). Leader (D). Negotiator (E). None of these Answer: (B). Resource allocator Which of the following is the part of Monetary policy? (A). Decreasing taxes (B). Printing of money (C). Checking commercial banks (D). Changing the total money supply (E). None of these Answer:(D). Changing the total money supply Which of the following is the primary benefit of MBO? (A). Improve employee motivation (B). Resistance against the new entrance (C). Avoid competition (D). Increase resources (E). None of these Answer:(A). Improve employee motivation ATM stands for? (A). Automatic Transfer Machine (B). Auto telling Machine (C). Automated Teller Machine (D). Automatic Teller Machine (E). None of these Answer:(C). Automated Teller Machine What is the favorable balance of cash book? (A). Debit balance (B). Zero balance (C). Credit balance (D). Max balance (E). None of these Answer:(A). Debit balance Which of the following is the cheque which is not credited by the bank? (A). Uncredited cheques (B). Un-presented cheques (C). Nil cheques (D). Passed cheques (E). None of these Answer:(A). Uncredited cheques Which of the following is the primary benefit of MBO? (A). Avoid competition (B). Resistance against the new entrance (C). Improve employee motivation (D). Increase resources (E). None of these Answer:(C). Improve employee motivation Select the best that reflects the extent to which society places a high value on reducing instability and risk? (A). Long-term orientation (B). Power distance (C). Masculinity/femininity (D). Uncertainty avoidance Answer:(D). Uncertainty avoidance The decision is called ……. decision if a manager made a decision and the manager is uncertain about it. outcomes His decision is likely to be: (A). Of Poor Quality (B). Risky (C). Successful (D). Unacceptable (E). None of these Answer: (B). Risky Forecasting techniques are under ……….2 following categories? (A). Quantitative and qualitative (B). Predictive and confirmatory (C). Fixed asset and human capital (D). Empirical and conceptual (E). None of these Answer: (A). Quantitative and qualitative Which of the following is the plan developed to carry out a course of action that is not likely to be repeated in the future? (A). Directional plan (B). Specific plan (C). Reaction plan (D). Single-use plan (E). None of these Answer:(D). Single-use plan The development of “Theory X” was related to which of the followings thinker? (A). Frederick Herzberg (B). Abraham Maslow (C). Douglas McGregor (D). Chester Barnard (E). None of these Answer: (C). Douglas McGregor Which of the following is the management function that specifies goals to be achieved and deciding in advance the appropriate actions to achieve those goals? (A). Leading (B). Planning (C). Organizing (D). Controlling (E). None of these Answer: (B). Planning The supervisor is the name used for? (A). team leaders (B). first-line managers (C). middle managers (D). top managers (E). None of these Answer: first-line managers 13) …….. views of managerial impact is useful in explaining the high turnover among professional sports coaches and college who can be considered as the managers of their teams? A. symbolic B. autocratic C. generalist D. omnipotent (E). None of these Answer: B. autocratic The constraints imposed by…… and managers operate within the constraints? A. the organization’s culture and environment B. the employees of the organization C. government at the federal and state level D. the organization’s board of directors (E). None of these Answer: A. the organization’s culture and environment …… is not an example of a constituency that makes up the specific environment. (A). customers (B). competitors (C). suppliers (D). sociocultural factors (E). None of these Answer: (D). sociocultural factors Complete the statement “Employees in organizations with strong cultures are more ………… A. likely to follow directives from peers B. likely to leave the organization than stay C. willing to perform illegal activities D. committed to their organization (E). None of these Answer: D. committed to their organization When Japanese team members use the words just like RINGI and KAIZEN, here, the Japanese are using the organizational ______. A. symbols B. rituals C. languages D. artifacts (E). None of these Answer: C. languages 19) A manager is performing what function when resolving the conflict among organizational members? A. controlling B. leading C. directing D. commanding (E). None of these Answer: B. leadings Hawthorne studies were focused on which one of the following? (A). Group norms (B). Ethics in the workplace (C). Behavior in the workplace (D). Interpersonal dynamics (E). None of these Answer: (C). Behavior in the workplace Selecting an alternative in the decision-making process is accomplished by selecting which one of the following? (A). an alternative that is the most reliable (B). One You Like Best (C). an alternative that has the lowest price (D). alternative with the highest score (E). None of these Answer: (D). alternative with the highest score which of the following is the plan developed to carry out a course of action that is not likely to be repeated in the future? (A). Specific plan (B). Single-use plan (C). Reaction plan (D). Direction plan (E). None of these Answer: (A). Specific plan Concern for employee motivation is closely linked with which of the following? (A). Bureaucracy (B). Scientific management (C). Organizational behavior (NOT SURE) (D). Systems (E). None of these Answer: (C). Organizational behavior (NOT SURE) Mintzberg’s management roles focus that the ____ roles are involve people and other duties that are ceremonial and symbolic in nature. A. informational B. decisional C. technical D. interpersonal (E). None of these Answer: D. interpersonal Which of the following is the central bank’s rate of lending to commercial banks? (A). Interest rate (B). Control rate (C). Money rate (D). Discount rate Answer: (D). Discount rate Inflation rates, interest rates, and stock market indexes are examples of ……… organization’s general environment? (A). Social (B). Political (C). Economic (D). Technological (E). None of these Answer: (C). Economic Select the factor that has been the most rapidly changing component in an organization’s general environment in the past quarter-century? (A). Global (B). Economic (C). Technological (D). Social (E). None of these Answer: (C). 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