Dear Readers,
Q1. The IBBI was established on October 01st 2016, in accordance with the provisions of The Insolvency and Bankruptcy Code, 2016. IBBI stands for-
(a) Industrial and Bankruptcy Board of India
(b) Insolvency and Bankruptcy Board of India
(c) Insolvency and Balance Board of India
(d) Insolvency and Bankruptcy Board of Institute
(e) Insolvency and Bankruptcy Bureau of India
Q2. Incorporated as a Public Sector Bank under the Department of Posts with __________ GOI equity, IPPB has launched on January 30th, 2017 in Ranchi and Raipur with the objective of being present in all corners of India by the end of the year.
Q3. The Federal Reserve System is the central bank of-
(a) Russia
(b) France
Q4. Current Governor of RBI is-
(a) Arundhati Bhattacharya
(b) Raghuram Rajan
(c) UK Sinha
(d) Urjit Patel
(e) Arvind Subramanian
Q5. BFS stands for-
(a) Bureau of Financial Supervision
(b) Board for Financial Supervision
(c) Bi-Lateral Financial System
(d) Bureau of Financial Service
(e) Other than the given options
Q6. National Income of India is estimated by?
(a) Central Estimates Survey Committee
(b) National Sample Survey Committee
(c) Central Statistical Organization
(d) Finance Ministry
(e) Other than the given options
Q7. Net National Product is equivalent to-
(a) Gross Domestic Product minus Depreciation
(b) Gross National Product minus Indirect Taxes
(c) Net National Income minus Depreciation
(d) Gross National Product minus Depreciation
(e) Other than the given options
Q8. Nomination facility is available to-
(a) Individuals/Sole Proprietorship accounts/Private Limited Companies
(b) Individuals/Sole Proprietorship Accounts/Partnership Accounts
(c) Individuals/Sole Proprietorship Accounts
(d) All of the above
(e) Other than the given options
Q9. If credit facility applied for is rejected, the reasons, therefore, should be briefly mentioned in the-
(a) Loan Applications Received and Disposal Register
(b) Opinion Reports
(c) Loan Rejection Register
(d) All of the above
(e) Other than the given options
Q10. In the case of Term Loans, the period of limitation is calculated as three years from?
(a) Date of documents
(b) Date of sanction
(c) Date of default
(d) Due date of each installment
(e) Other than the given options
Q11. Currency Note containing political slogan is not a legal tender as per:
(a) Legal Tender (Inscribed Notes) Act, 1964
(b) Negotiable Instruments Act, 1881
(c) Reserve Bank of India Act
(d) All of the above
(e) Other than the given options
Q12. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)?
(a) ING Vysya Bank
(b) Karur Vysya Bank
(c) Lakshmi Vilas Bank
(d) Jammu and Kashmir Bank
(e) Other than the given options
Q13. Which bank are Public Sector Banks of India?
(a) More than 50% stake held by government
(b) 50% stake held by government
(c) Less than 50% stake held by government
(d) Less than 25% stake held by government
(e) Other than the given options
Q14. Which two private sector banks have got the license from RBI in 2014?
(a) Bandhan and Yes Bank
(b) Yes Bank and IDFC
(c) IDFC Bank and Bandhan Bank
(d) Axis Bank and ICICI
(e) Other than the given options
Q15. Which bank first introduced Automated Teller Machine (ATM) in India (1987)?
(b) Punjab National Bank
(c) Federal Bank
(d) HSBC
(e) Other than the given options
Answers will be updated soon.......
- http://www.bankersadda.com/2017/04/banking-awareness-questions-for-bank-of_18.html
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