Important Banking Awareness (Static) Questions for IBPS PO/Clerk/RRB 2016 Set-32:
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.
Answer: c)
2). Fiscal deficit is ______.
Answer: d)
3). On the current account balances maintained by the Reginal Rural Banks with them, the commercial banks may
Answer: b)
4). The one-rupee note bears the signature of ______.
Answer: c)
5). RBI was nationalized in the year
Answer: a)
6). Which of the following interest rates signifies RBI’s long term stance of monetary policy?
Answer: c)
7). The Bank shall have to state their lending policies. These would include
Answer: d)
8). What does ‘T’ in RTGS stand for?
Answer: d)
9). What is the limitation period for filing a case in a Consumer court?
Answer: a)
10). The tax levied by Local Governments i.e. Municipal Corporations and municipalities is _______.
Answer: c)
1). Some bank are financing projects like “Construction Roads/Bridges Etc.
a) Developing Core Sector Industry
b) Project Management
c) Infrastructure Development
d) Financial Inclusion
e) All of these
Answer: c)
2). Fiscal deficit is ______.
a) Total income less government borrowing
b) Total payments less total receipts
c) Total payments less capital receipts
d) Total expenditure less total receipts excluding borrowing
e) None of these
Answer: d)
3). On the current account balances maintained by the Reginal Rural Banks with them, the commercial banks may
a) Pay interest up to 9 per cent
b) Pay interest at such rate as may be mutually agreed to
c) Pay interest as applicable to savings accounts
d) Waive incidental charges
e) All of the above
Answer: b)
4). The one-rupee note bears the signature of ______.
a) RBI Governor
b) Deputy Governor
c) Finance Secretary
d) Finance Minister
e) None of these
Answer: c)
5). RBI was nationalized in the year
a) 1949
b) 1952
c) 1955
d) 1964
e) None of these
Answer: a)
6). Which of the following interest rates signifies RBI’s long term stance of monetary policy?
a) Repo rate
b) CRR
c) Bank Rate
d) Reserve Repo Rate
e) None of these
Answer: c)
7). The Bank shall have to state their lending policies. These would include
a) Exposure limits and eligible borrowers
b) Documentation standards, maturity and pricing options
c) Write off review procedures
d) All the above
e) None of these
Answer: d)
8). What does ‘T’ in RTGS stand for?
a) Transaction
b) Transfer
c) Tax
d) Time
e) None of these
Answer: d)
9). What is the limitation period for filing a case in a Consumer court?
a) Two years from the date of cause of action
b) Two years from the date purchase of good or service
c) Three year from the date of cause of action
d) One month from the date of purchase
e) None of these
Answer: a)
10). The tax levied by Local Governments i.e. Municipal Corporations and municipalities is _______.
a) Income Tax
b) Wealth Tax
c) House Tax
d) Gift Tax
e) None of these
Answer: c)
1). c) 2). d) 3). b) 4). c) 5). a) 6). c) 7). d) 8). d) 9). a) 10). c)
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