Banking Awareness 2017 Set 07
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Online Practice Test – 7
- Banking Awareness (Ques 1 to 30)
Time Duration 30 minutes.
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Question 1 of 30
1. Question
Category: Banking & Current Affairs__________ is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture.
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Question 2 of 30
2. Question
Category: Banking & Current AffairsIn economic terms, the total market value of all final goods and services produced in a country in a given year is known as………?
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Question 3 of 30
3. Question
Category: Banking & Current AffairsWhich of the following banks has floated its wholly-owned subsidiary to manage its premises and estate-related matters?
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Question 4 of 30
4. Question
Category: Banking & Current AffairsCurrent accounts are meant and useful for _____?
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Question 5 of 30
5. Question
Category: Banking & Current AffairsWhat threshold has been set by the RBI above which non-banking finance companies (NBFCs) can disburse loans against gold only by cheque?
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Question 6 of 30
6. Question
Category: Banking & Current Affairs____________ markets include a wide variety of profit and nonprofit organizations, such as hospitals, govt agencies and schools, which provides goods and services for the benefit of society.
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Question 7 of 30
7. Question
Category: Banking & Current AffairsWhat does FSDC stand for?
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Question 8 of 30
8. Question
Category: Banking & Current AffairsA check is slang for a check that cannot be processed because the account holder has non-sufficient funds (NSF) is called
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Question 9 of 30
9. Question
Category: Banking & Current AffairsThe reserve money, which is also called high-powered money, base money and central bank money, equals currency in circulation plus bankers’ deposits with RBI plus other deposits with RBI. It is denoted by
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Question 10 of 30
10. Question
Category: Banking & Current AffairsSecuritization act 2002 enables the banks to issue notices to defaulters who have to pay the debts within __________ days.
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Question 11 of 30
11. Question
Category: Banking & Current AffairsRBI has recently introduced Cheque Truncation System, which means that ______?
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Question 12 of 30
12. Question
Category: Banking & Current AffairsLoans of very small amounts given to low income groups is called……….?
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Question 13 of 30
13. Question
Category: Banking & Current AffairsThe RBI clarified that currency notes with certain scribbles are legal tender and if any bank branch refuses to exchange soiled notes, the bank will have to pay a penalty of
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Question 14 of 30
14. Question
Category: Banking & Current AffairsWhich public sector bank of India is the first fully Indian bank, established by the Indian capital?
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Question 15 of 30
15. Question
Category: Banking & Current AffairsWhich among the following statement is incorrect about SEBI?
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Question 16 of 30
16. Question
Category: Banking & Current AffairsThe India Post Payments Bank (IPPB) launched its operations. The paid-up equity of the IPPB is
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Question 17 of 30
17. Question
Category: Banking & Current AffairsWhich of the following rates are decided by the RBI called as “Policy Rate”?
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Question 18 of 30
18. Question
Category: Banking & Current AffairsWhen an asset or loan remains non-performing for 12 months or less and the underlying guarantee is not enough to pay back the loan, it is classified as a
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Question 19 of 30
19. Question
Category: Banking & Current AffairsICICI Bank India’s largest private sector bank, has announced the launch of a mobile banking app for rural customers that allow them to access banking services as well as information on agri services. What is the name of the app?
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Question 20 of 30
20. Question
Category: Banking & Current AffairsIn comparison with Liquidity Adjustment facility (LAF), Marginal Standing Facility (MSF) has
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Question 21 of 30
21. Question
Category: Banking & Current AffairsWhich of the following is not meant for the purpose of investment?
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Question 22 of 30
22. Question
Category: Banking & Current AffairsThe place where bankers meet and settle their mutual claims and accounts is known as
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Question 23 of 30
23. Question
Category: Banking & Current AffairsThe tax payers data flows directly from banks to Tax Information Network (TIN). Who maintains TIN?
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Question 24 of 30
24. Question
Category: Banking & Current AffairsBuying and selling of eligible securities by RBI in the money market can be termed as
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Question 25 of 30
25. Question
Category: Banking & Current AffairsFirst Indian bank to open overseas branch?
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Question 26 of 30
26. Question
Category: Banking & Current AffairsInsurance cover for bank deposits in India is provided by
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Question 27 of 30
27. Question
Category: Banking & Current AffairsFull form of QIB is
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Question 28 of 30
28. Question
Category: Banking & Current AffairsWho carry out open market operations?
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Question 29 of 30
29. Question
Category: Banking & Current AffairsThe cheque having a date subsequent to the date on which it is drawn is known as
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Question 30 of 30
30. Question
Category: Banking & Current AffairsBy opening and investing in the Tax Saver Deposit Account Scheme in a bank, a customer would get benefit under___________
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Leaderboard: Banking Awareness 2017 Set 07
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