Banking Questions for Punjab & Sindh Bank – IBPS [TEST-2]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is/are eligible to open an EEFC Account?
A
Individuals
B
Companies
C
Residents of India
D
All of the Above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A company which pools money from investors and invests in stocks, bonds and shares is called
A
a bank
B
an insurance company
C
bank assurance
D
mutual fund
Aptitude Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Largest shareholder (in percentage shareholding) of a nationalized bank is:
A
RBI
B
NABARD
C
LICI
D
Govt. of India
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In Take Out Financing there is/are how many parties involve?
A
One
B
Two
C
Three
D
Four
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following doesn't relates with banking or finance?
A
Devaluation
B
Hundis
C
Flare
D
Gearing
GK (GENERAL KNOWLEDGE) Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is the target fixed for maintaining fiscal deficit in the Union Budget of India?
A
4.6% of total budget
B
4.6% of GDP
C
3.6% of total budget
D
3.6% of GDP
Aptitude Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is the Corporate Office of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)?
A
Mumbai
B
Kochin
C
Chennai
D
Bengaluru
Civics Test Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Increase in Fiscal Deficit leads to.....
A
No change in BOP
B
Increase in Balance of Payments
C
Reduction in Balance of Payments
D
A and B
Civics Test Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... is basically charged when a person uses a credit card to obtain cash.
A
Early Repayment Charge
B
Redemption Fee
C
Transaction Fee
D
Cash Advance Fee
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following Acts was framed specially to deal more effectively with the problem of Non-Performing Assets in banking system? [Corporation Bank 2011]
A
Companies Act
B
Banking Regulation Act
C
Foreign Exchange Management Act
D
SARFAESI Act
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