Important Banking Awareness (Static) Questions for IBPS PO/Clerk/RRB 2016 Set-45:
Dear Readers, The List of important Banking Awareness Quiz for upcoming IBPS PO/Clerk exams was given here. Candidates those who are preparing for the exams can use this.
1).The Deposit Insurance Credit Guarantee Scheme was formed on ______?
Answer: c)
2).According to RBI guidelines the term ‘bulk deposit’ is used for single rupee term deposit of ________
Answer: a)
3). A “Debit Card” is issued by a bank to _____?
Answer: b)
4).According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________
Answer: e)
5). The currency notes issued by Reserve Bank of India are under the signature of _____?
Answer: c)
6).The Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is _________
Answer: d)
7). The Lead Bank Scheme was introduced in the year _____?
Answer: b)
8).In SNRR Account, SNRR stands for _________
Answer: e)
9). Who pays commission to banks for conducting Government business?
Answer: c)
10).Which are defined as total assets other than cash and bank balances and money market instruments?
Answer: a)
1).The Deposit Insurance Credit Guarantee Scheme was formed on ______?
a) July 1, 1975
b) January 1, 1952
c) January 1, 1962
d) January 1, 1991
e) None of the above
Answer: c)
2).According to RBI guidelines the term ‘bulk deposit’ is used for single rupee term deposit of ________
a) Rs. 1 crore and above
b) Rs, 25 lakh and above
c) Rs, 75 lakh and above
d) Rs, 50 lakh and above
e) Rs, 15 lakh and above
Answer: a)
3). A “Debit Card” is issued by a bank to _____?
a) All customers of a Bank
b) All customers having Saving bank account with a bank
c) All customers having loan account with a Bank
d) A Bank customer who is Income Tax assesee
e) All Corporate Salary account holder
Answer: b)
4).According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________
a) 35%
b) 25%
c) 20%
d) 40%
e) 30%
Answer: e)
5). The currency notes issued by Reserve Bank of India are under the signature of _____?
a) President of India
b) Dy. Governor
c) Governor
d) Secretary, Finance Ministry
e) None of the above
Answer: c)
6).The Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is _________
a) Rs.5 crore
b) Rs.4 crore
c) Rs.3 crore
d) Rs.2 crore
e) None of the Above
Answer: d)
7). The Lead Bank Scheme was introduced in the year _____?
a) 1968
b) 1969
c) 1974
d) 1976
e) None of the above
Answer: b)
8).In SNRR Account, SNRR stands for _________
a) Statutory Non Resident Rupee
b) Single Non Resident Rupee
c) Statutory Non Reflex Rupee
d) Single Non Resident Rupee
e) Special Non Resident Rupee
Answer: e)
9). Who pays commission to banks for conducting Government business?
a) Government of India
b) State Government
c) RBI
d) Central and State Governments
e) None of the above
Answer: c)
10).Which are defined as total assets other than cash and bank balances and money market instruments?
a) Net Assets
b) Qualifying Assets
c) Commercial Papers
d) Both(A) and (C)
e) All of the Above
Answer: a)
1). c) 2).a) 3). b) 4).e) 5). c) 6).d) 7). b) 8).e) 9). c) 10).a)
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