Documents

Banking Awareness Questions For IBPS PO - 4 Exam

Categories
Published
of 4
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Share
Description
ghjyhkjhkjhk
Transcript
  Banking Awareness Questions For IBPS PO - 4 Exam Dear readers, here we are presenting you a Banking Awareness questions which can be helpful in your IBPS PO Exam.   Banking Awareness Quiz   1.   Interest payable on Savings bank account is :   (1) not regulated by RBI   (2) regulated by State Govt   (3) regulated by Central Govt   (4) regulated by individual banks   (5) None of these   2.   Money lend for 15 days or more inter-bank is called:   (1) Call money (2) notice money   (3) term money (4) All of these   (5) None of these   3.   The Statutory Liquidity Ratio (SLR), the amount of liquid assets such as cash, precious metals and other short-term securities are kept with:   (1) RBI (2) Individual banks (3) Finance Ministry (4) A bank designated by RBI   (5) None of these   4.   The rate of interest, banks charge to its main/major and prime; customers is popularly called as   1) Prime Lending Rate 2) Repo Rate 3) Cost of Fund 4) Risk Premium 5) Reverse Repo Rate   5.   Micro Credit or Micro finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through-   (1) Self Help Groups (2) Anganwadees   (3) Cooperative Credit Societies (4) RBI (5) None of these      6.   Fiscal Responsibility and Budget Management Act (FRBM) concerns:   I. Fiscal Deficit II. Balance of Payment III. Revenue Deficit   (1) Only I (2) Only II (3) I & II (4) I & III (5) All of these   7.   Which of the following cannot be called as a Debt Instrument as referred in financial transactions?   (1) Certificate of Deposits (2) Bonds   (3) Stocks (4) Commercial Paper    (5) Loans   8.   Whenever RBI does some open market operation transactions actually it wishes to regulate which of the following?   (1) Inflation only   (2) Liquidity in economy   (3) Borrowing powers of the banks   (4) Flow of Foreign Direct Investment   (5) None of these   9.   Expand the term LRMT?   (1) Liquidity Risk Monitoring Tools (2) Liquidity Ratio Monitoring Tools (3) Liquidity Rate Monetary Tools (4) Liquidity Ratio Monetary tools (5) None of these   10.   Bank assurance is  –   (1) an insurance scheme to insure bank deposits.   (2) an insurance scheme exclusively for the employees of banks   (3) a composite financial service offering both bank & insurance products   (4) a bank deposit scheme exclusively for employees   (5) None of these   11.   The objective of Know Your Customer (KYC) norms is?   (1) To give boost to bank deposits (2) To safeguard bank advances   (3) To monitor transactions of suspicious nature (4) Both 1 and 2    (5) None of these   12.   Recently RBI has issued draft guidelines for setting up small banks and payment banks. The minimum paid-up capital requirement of both payments banks and small banks is (1) Rs. 50 crore (2) Rs. 20 crore (3) Rs. 100 crore   (4) Rs. 40 crore (5) Rs. 500 crore   13.   Max money that can remitted to Nepal from any of the NEFT-enabled branches in India  –  (1) Rs 50,000 (2) Rs 10,000 (3) Rs 20,000   (4) Rs 25,000 (5) Rs 5000   14.   The letter ‘F’ denotes which of the following in the term IFRS.   (1) Formative (2) Formal   (3) Functional (4) Fiscal   (5) Financial   15.   Which of the following rates is not decided by RBI?   (1) Bank Rate (2) Repo Rate   (3) Reverse Repo rate (4) Prime Lending Rate   (5) Cash Reserve Ratio   16.   Consider the following in context with the CVV or Card security code of an ATM or Credit card:   (A) Magnetic Stripe   (B) Front of the in embossed or printed digits   (C) Back of the card as a separate group of 3 digits to the right of the signature strip.  At which among the above locations CVV or Card security code of an ATM is found?   (1) A & B   (2) B & C   (3) A & C   (4) All of the above   (5) None of these      Answers:   Qs   Ans   Qs   Ans   Qs   Ans   1  4 7  3 13  1 2  3 8  2 14  5 3  2 9  1 15  4 4  1 10  3 16  3 5  1 11  3 6  4 12  3

Cover Pagef

Jul 23, 2017

tutroials

Jul 23, 2017
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks