Banking Questions for Indian Bank – IBPS [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the minimum amount of deposit into/withdrawal from currency chest?
A
Rs.5, 00, 000
B
Rs.1, 50, 000
C
Rs.2, 00, 000
D
Rs.1, 00, 000
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of these committees in 1945 recommended the setting up of a Cooperative Training College in every state?
A
Saraiya Committee
B
Machalan Committee
C
Narsimaham Committee
D
Rajagopalachari Committee
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The DIC Bill was introduced in the Parliament on August 21st 1961. What is the meaning of "D" in DIC?
A
Distance
B
Development
C
Deposit
D
Demand
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the followinf is/are uses of foreign exchange reserves?
A
Back liablities on their own
B
Influence Monetary policy
C
Both 1 and 2
D
None of the above.
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Axis Bank is the changed name of-
A
IDBI
B
ICICI
C
UTI
D
UTO
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the insurance that is refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies.
A
Life Insurance
B
Travel Insurance
C
Motor Insurance
D
Umbrella Insurance
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following does not come under tertiary sector of the economy?
  1. Trade
  2. Industrial Manufacturing
  3. Industrial Construction
A
Only 2
B
Only 3
C
2 and 3
D
Only 1
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is incorrect about the recommendations of Narasimham Committee Report, 1998?
A
Reduced CRR and SLR
B
Deregulation of Interest Rate
C
Establishment of the ARF Tribunal
D
Fixing Prudential Norms
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
'Open Market operation' is a part of.....
A
Labour Policy
B
Fiscal Policy
C
Monetary and Credit Policy
D
Income Policy
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Dhanlaxmi Bank Ltd is an old private sector bank headquartered in-
A
Karur
B
Mengaluru
C
Thiruvananthapuram
D
Thrissur
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