Banking Questions for South Indian Bank [TEST-1]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Small and marginal farmers get special treatment from banks. Who ae these marginal farmers?
A
Those who have land for cultivation up to 1 acre
B
They are paid daily wages of Rs. 100/-for working on the land
C
They have land holdings upto 2 acres
D
All of the above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
FPIs stands for-
A
Foreign Product Investors
B
Foreign Portfolio International
C
Foreign Portfolio Investors
D
Financial Portfolio Investors
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which one of the following is the major component of the money supply in the Indian Economy?
A
Currency component
B
Deposit component
C
Treasury bill with public
D
Both A and B
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following bill is regarding timely delivery of information & documents like birth & death certificates & revenue records to people & empowering them to file complaints against delays?
A
Jan Lokpal Bill
B
Janhit Guarantee Bill
C
Right to Education
D
Jansewa Guarantee Bill
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Pension Fund Regulatory and Development Authority (PFRDA) is authorized by?
A
GOI
B
RBI
C
Ministry of Commerce
D
Ministry of Finance
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The opening of branches by banks is governed by the provisions of Section..... of the Banking Regulation Act, 1949.
A
Section 44
B
Section 18
C
Section 27
D
Section 23
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following terms is NOT used in the Banking world? [Allahabad Bank 2011]
A
Holding Company
B
Postdated cheque
C
Credit
D
Centripetal force
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which schedule of Reserve Bank of India Act, 1934 contains the list of Scheduled Banks in India?
A
1st
B
2nd
C
3rd
D
4th
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following taxes was levied on the buying/selling of various commodities on recognised exchanges in India? (It is withdrawn now).
A
Fringe Benefit Tax
B
Value Added Tax
C
Central Sales Tax
D
Securities Transaction Tax
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is head of MPC related to Banking of Financial term?
A
Governor of RBI
B
Deputy-Governor of RBI
C
Union Finance Minister
D
Chairman, NITI Aayog
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