Banking Questions for Canara Bank – IBPS [TEST-6]

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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]
As part of the Financial Inclusion the following acts as an alternative to the Branch Banking.
A
Online Banking
B
Mobile banking
C
Issuing of ATM Cards
D
Kiosks
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the maturity period of Money Market Instruments?
A
Less than 15 days
B
Less than 1 year
C
Less than 181 days
D
Less than 90 days
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is considered an informal method of getting credit/finance? [Vijaya Bank 2008]
A
Internet banking
B
Branch visits
C
Going to moneylenders
D
Telebanking
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which pension plan provides benefits of pension by employer of organization?
A
discretionary plan
B
non-contributory plan
C
contributory plan
D
Non-discretionary plan
GK (GENERAL KNOWLEDGE) Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The discounting rate at which RBI borrows government securities from commercial banks is known as
A
Repo Rate
B
Reverse Repo
C
Deposit Rate
D
Base Rate
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
GDP growth as a measure of development is unreliable because
  1. it does not include environmental degradation.
  2. it does not measure growth in incomes.
  3. it does not measure increase in jobs.
Select the correct answer using the codes given below:
A
2 and 3
B
1 and 2
C
1 and 3
D
Only 3
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the minimum amount of money that can be transferred through RTGS?
A
Rs 2 lakh
B
Rs 2.5 lakh
C
Rs 3 lakh
D
Rs 5 lakh
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the upper limit of RTGS transactions in India?
A
No limit
B
Rs. 10 lacs
C
Rs. 50 lacs
D
Rs.20 lacs
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Interest on national debt is included in.....
A
GNP
B
NNP
C
Personal Income
D
National Income
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following schemes available in the financial markets is not meant for investment purposes?
A
National savings certificates
B
Infrastructure bonds
C
Mutual funds
D
Letter of credit
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