Banking Questions for Karur Vysya Bank [TEST-5]

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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]
NABARD has conferred the 'best performance award' for 2015-16 and 2016-17 to..... for its work in the field of credit-linking joint liability groups (JLGs).
A
Uttarakhand Gramin Bank (UGB)
B
Madhyanchal Gramin Bank (MGB)
C
Karnataka Vikas Grameen Bank (KVGB)
D
Madhya Bihar Gramin Bank (MBGB)
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Why were Banks nationalised in India?
A
To borrow money from USA
B
To follow the IMF guidelines
C
To provide the government of India more control of credit delivery
D
All of the above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As per the Reserve Bank of India (RBI), the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts?
  1. Fully at Capital Account
  2. Fully at Current Account
  3. Partially at Trade Account
A
Only 1
B
Only 2
C
Only 3
D
Only 1 & (3)
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The European Union has adopted which of the following as a common currency? [Indian Overseas Bank 2011]
A
Dollar
B
Dinar
C
Yen
D
Euro
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
IFFCO-Tokio General Insurance was incorporated in-
A
1995
B
2000
C
2001
D
2003
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
According to "Micro small medium enterprise development Act-2006 (MSME Act-2006)" investment limit for micro enterprise in manufacturing sector is
A
Less than Rs. 10 lakh
B
Less than Rs. 25 lakh
C
Rs. 50 lakh
D
Rs. 20 crore
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the first Governor of RBI?
A
C.D.Deshmukh
B
James Braid Taylor
C
Osborne Smith
D
Raghuram Rajan
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements and identify the right ones. i. Deposits are created by banks and financial institutions. Ii. They constitute the major source of money supply in India.
A
I only
B
II only
C
Both
D
none
GK (GENERAL KNOWLEDGE) Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Reserve bank of India, in regard to RTGS, has decided that
A
There would be accessible to all retail customers.
B
There would be no floor ceiling for routing transactions through RTGS
C
Settlement of transactions of the clearing corporations of India and the stock market would be conducted through RTGS.
D
All of the above
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
One of the major emphasis of Basel II is that banks should have-
A
adequate Capital Adequacy Ratio
B
only few branches in urban centres
C
more and more branches in rural areas
D
core banking mode of operation
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