Banking exam questions answers

 

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Banking awareness questions

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Question 1
Bank Rate is.....
A
Rate at which commercial banks borrow long term funds from central Bank.
B
Rate at which commercial banks borrow short term funds from central bank.
C
Rate at which a nation's central bank lends money to domestic banks
D
Both A and C
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Question 2
When a loan is granted by a bank for purchase of white goods it is called
A
Consumption loan
B
White goods loan
C
Consumer durable loan
D
All of these
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Question 3
Parallel Economy is also referred as.....
A
Grey Market
B
Black Market
C
Black Economy
D
Both 1and 2
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Question 4
The Asian Development Bank (ADB) and the Government of lndia signed a \$ 346 million loan to finance improvement of over 400 kilometers of state highways that will enhance connectivity and access to economic centers across 12 districts in-
A
karnataka
B
West Bengal
C
Rajasthan
D
Maharashtra
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Question 5
Loans against the security of shares, debentures and bonds should not exceed the limit of Rupees..... per individual if the securities are held in physical form.
A
two lakhs
B
five lakhs
C
fifteen lakhs
D
ten lakhs
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There are 5 questions to complete.

 

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