Search your Topic HERE....

September 10, 2015

Banking Awareness Quiz for IBPS Bank Exams 2015 - Set 61

Leave a Comment

sponsored links

  1. The housing loan consists of _________
    1. for the construction of a house
    2. repair (maintenance) and / or renewal of a house
    3. clearance of slums and rehabilitation of disaster stricken masses to temporary refuge shelters 
    4. 1 & 2 only
    5. all the above
  2. Which bank announced to launch India's First Green Infrastructure Bond worth Rs. 500 crore ?
    1. SBI
    2. Yes Bank
    3. PNB
    4. HDFC Bank
    5. ICICI Bank
  3. The bank accepting deposits, providing business loans and services is called ______
    1. Lending Bank
    2. Commercial Bank 
    3. Business Bank 
    4. Investment Bank 
    5. None of these
  4. On a review of the permitted transactions under the Rupee Drawing Arrangements (RDAs), RBI has decided to increase the limit of trade transactions from the existing Rs. 5,00,000/- per transaction to ______ per transaction, with immediate effect. 
    1. Rs. 15 lakh
    2. Rs. 20 lakh
    3. Rs. 30 lakh 
    4. Rs. 25 lakh
    5. None of these
  5. National Payments Corporation of India (NPCI) launched UPI system for providing a single payment interface across all systems. UPI is _______
    1. Unifying Payment Interface 
    2. Unit Paying Interface 
    3. Unified Payment Interface 
    4. United Payment Intersystem 
    5. None of these
  6. The Reserve Bank of India (RBI) signed 23 information sharing agreements with the foreign banking regulations so far. Such agreements have NOT been signed with which of the following central banks ?
    1. Banco Central do Brasil (BCB)
    2. European Central Bank (ECB)
    3. Federal Reserve 
    4. Reserve Bank of New Zealand 
    5. None of these 
  7. The Reserve Bank has allowed Indians to carry high value denomination notes (Rs. 500 and Rs. 1000) while traveling to Nepal and Bhutan. However, the maximum limit that an individual can carry is _______
    1. Rs. 10,000
    2. Rs.15,000
    3. Rs.20,000
    4. Rs.25,000
    5. Rs.50,000
  8. The rate at which banks borrow funds overnight from the Reserve Bank of India against approved government securities is called ___________
    1. Marginal Standing Facility Rate
    2. Repo Rate 
    3. Reverse Repo Rate 
    4. Call Money 
    5. None of these 
  9. The 150th birth anniversary of Lala Lajpat Rai was celebrated on 28th Jan. He was associated with the foundation of which of the following banks in 1895 ?
    1. Central Bank of India
    2. Imperial Bank of India
    3. Allahabad Bank 
    4. Punjab National Bank
    5. None of these
  10. The Reserve Bank of India has asked banks to display which of the following on their websites from 1st April ?
    1. Loan processing fee
    2. Loan interest rates 
    3. CIBIL scores of individuals 
    4. All the above 
    5. Only 1 & 2
  11. Which of the following banks NOT categorized as development bank in India ? 
    1. NABARD
    2. SIDBI
    3. NHB
    4. MUDRA Bank
    5. Axis Bank
  12. As per RBI guidelines, the maximum amount of penalty that Public Sector Banks can levy for non-maintenance of minimum balance in inoperative accounts of customers is _______ 
    1. Rs. 500 per year
    2. Rs. 1000 per year
    3. Rs. 100 per year 
    4. Rs. 10 per year 
    5. Not to levy any penalty 
  13. As per guidelines issued by the Reserve Bank of India, Banks may classify a loan as Non-Performing Asset (NPA), only if the interest due and the principal during any quarter is not serviced fully within _________
    1. 90 days from the end of the quarter 
    2. 60 days from the end of the quarter 
    3. 60 days from the beginning of the quarter 
    4. 30 days from the end of the quarter 
    5. 30 days from the beginning of the quarter 
  14. The motto of commercial banks is _______
    1. helping people 
    2. creating the awareness among the people about banking 
    3. accept deposits only 
    4. to crush the interest of development banks
    5. earning the profit 
  15. Account holders have to maintain an AQB for their accounts in certain banks. What does the term AQB stands for ?
    1. Average Quantitative Balance
    2. Average Qualitative Balance 
    3. Average Quarterly Balance 
    4. Average Qualified Balance 
    5. None of these
  16. What is the term used for a deposit with a bank that locks up money for a certain period but also provides an option of premature withdrawal which may attract a penalty ?
    1. Savings bank deposit 
    2. Term deposit 
    3. Recurring deposit 
    4. Current deposit
    5. None of these
  17. Which of the following statements is NOT true regarding budget proposals in the General Budget for FY 16 for banking sector ?
    1. To promote cashless transactions to curb black money
    2. To amend RBI Act this year for monetary policy committee
    3. Autonomous bank board bureau to determine PSU bank heads 
    4. To appoint two more deputy governors in the RBI 
    5. None of these 
  18. For which banking transactions does an individual not need to quote his / her PAN number ?
    1. Account opening 
    2. Deposit in cash aggregating Rs. 50,000 or more during any one day
    3. Making an application for issue of credit card / debit card
    4. Payment in cash for purchase of bank drafts upto Rs. 1 Lakh
    5. None of these
  19. ________ has announced to auction repossessed properties worth a total of nearly $200 mn in the biggest nationwide online sale to date ?
    1. ICICI Bank 
    2. Punjab National Bank 
    3. State Bank of India 
    4. HDFC 
    5. Bank of India
  20. The Finance Ministry has allowed seven public sector banks (PSBs) to tap markets for raising capital. Earlier the government has decided to reduce its shareholding in PSBs to ______
    1. 49%
    2. 51%
    3. 52%
    4. 74%
    5. 26%

Read more Banking Awareness Expected Questions from below

sponsored links

0 Responses:

Post a Comment