Banking Questions for AXIS Bank [TEST-5]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many times we see banks advertise-" anywhere Banking: Anytime Banking". Which of the following product/facilities launched by banks make it possible for the customers to avail banking services 24 hours all seven days?
  1. ATM
  2. Internet Banking
  3. Universal cheque book facility
A
Only 1
B
Only 2
C
Both 1 & 2
D
Only 3
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who was the chairman of Committee on Deepening of Digital Payments formed by RBI?
A
Nandan Nilekani
B
Sanjay Jain
C
Kishore Sansi
D
Nachiket Mor
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a negotiable instrument? [Indian Overseas Bank 2011]
A
Cheque
B
Pay order
C
Bill of Exchange
D
All are negotiable instruments
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When the rate of inflation increases [IBPS 2011]
A
purchasing power of money increases
B
purchasing power of money decreases
C
value of money increases
D
purchasing power of money remains unaffected
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Exide Life Insurance has announced a partnership with Punjab & Maharashtra Co-operative Bank (PMC Bank) to offer its protection and savings products to the latter's customers. Where is the registered office of Punjab & Maharashtra Co-operative Bank?
A
Chandigarh
B
Ahmedabad
C
Nagpur
D
Mumbai
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the present Chairman of HDFC Bank?
A
Uday Kotak
B
Chanda Kochhar
C
Shikha Sharma
D
Aditya Puri
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the non-executive chairperson of CCIL?
A
Usha Thorat
B
R Sridharan
C
Bhavesh Zaveri
D
MS Sundara Rajan
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Fitch Ratings cut India's economic growth forecast for the current financial year starting 01st April 2019, to..... from its previous estimate of 7.00% on weaker than expected momentum in the economy.
A
6.30%
B
6.50%
C
6.70%
D
6.80%
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following organisations releases "World Economic Outlook" Report?
A
Asian Development Bank
B
World Bank
C
International Monetary Fund
D
World Trade Organisation
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
On which of the following issues can SEBI penalise any company in India?
  1. Violation of Banking Regulation Act
  2. Violation of foreign portfolio investment guidelines
  3. Violation of Negotiable Instrument Act
A
Only 1
B
All the above
C
Only 1 and 2
D
Only 2
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