Banking Questions for IBPS Clerk [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following banks has opened the country's first, 'Cash Factory' in Lucknow which has issued currency notes to all its branches and ATM in that area?
A
Bank of India
B
Bank of Baroda
C
State Bank of India
D
Union Bank of India
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is Central Accounts Section of Reserve Bank of India located?
A
Nagpur
B
Pune
C
Mumbai
D
Aurangabad
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A Committee on Banking Supervision which provides a forum for regular cooperation on banking supervisory matters and to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide.
A
BIS
B
BASEL
C
European Banking Supervisors
D
All of the above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statements related to Micro Finance System is wrong?
A
It provides micro credit having scope for small savings and remittance of funds
B
It based on the principle of livelihood creation
C
High volumes of low transactions done through this system
D
None is wrong
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
State Bank of India has roped in Asian Games gold medalist..... as brand ambassador for its digital app YONO.
A
Swapna Barman
B
Vinesh Phogat
C
Sakshi Malik
D
Laksya Sen
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In the first phase of nationalisation of banks how many banks were nationalised?
A
19
B
26
C
27
D
None of these
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the meaning of a bond issued by an Indian company expressed in foreign currency, and the principal and interest in respect of which is payable in foreign currency?
A
ECB
B
FCCBs
C
Automatic Route
D
FCNR
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who among the following issues metallic coins in India?
A
RBI
B
Government of India
C
Banks and financial institutions
D
Any of the above can issue it.
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is India's first company to open with White Label ATMs?
A
Srei Finance Ltd
B
Tata communication payments solutions Ltd
C
Reliance communications Ltd
D
Airtel Finance LTD
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statements about portfolio diversification is correct?
A
Proper diversification can reduce or eliminate systematic risk
B
The risk-reducing benefits of diversification do not occur meaningfully until at least 50-60 individual
C
Because diversification reduces a portfolio's total risk, it necessarily reduces the portfolio's expected
D
Typically, as more securities are added to a portfolio, total risk would be expected to decrease at a
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