Banking Questions for ICICI Bank [TEST-9]

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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]
In a major relief to the medium and small enterprises sector the RBI has announced that GST registered MSME borrowers will get a further..... day window to pay dues if their accounts were standard as on August 31st 2017.
A
30 days
B
150 days
C
90 days
D
180 days
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India's Current Account Deficit (CAD) widened to a four-quarter-high at..... of gross domestic product (GDP) in April-June period.
A
2.4%
B
3.50%
C
1.20%
D
4.60%
Civics Test Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Board for Financial Supervision (BFS) constituted in 1994 by RBI to undertake consolidated supervision of-
A
commercial banks
B
financial institutions
C
non-banking finance companies
D
All of the above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The services sector is the key driver of India's economic growth. The sector has contributed more than..... per cent of India's Gross Value Added at current price in Q1 2018-19.
A
50 per cent
B
60 per cent
C
40 per cent
D
80 per cent
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The minimum paid-up capital requirement at present for new Private Bank in India is.....
A
RS. 100 crore
B
RS. 200 crore
C
RS. 500 crore
D
RS. 600 crore
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In case a depositor is a sole proprietor and holds deposits in the name of the proprietory concern as well as in the individual capacity, the maximum insurance cover is available up to
A
Rs. 100000
B
Rs. 200000
C
Rs. 500000
D
All of these
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What do we call the facility given to a current account holder of withdrawal of more amount than his deposit?
A
Overdraft
B
EMI
C
Sweep-in Facility
D
Recurring Deposit
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... is a payment system launched by National Payments Corporation of India and regulated by the Reserve Bank of India which facilitates the instant fund transfer between two bank accounts on the mobile platform.
A
NACH
B
BHIM
C
UPI
D
CPI
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What does Deficit financing mean?
A
Government of India borrows from World Bank
B
Government of India borrows from IMF
C
Government of India borrows from SBI
D
Government of India borrows from RBI
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A bank normally does not have to deal with an issue related to
A
payments and settlement systems
B
contractual rights of creditors
C
intellectual property rights
D
cases of insolvency
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