Banking Questions for Punjab National Bank – IBPS [TEST-1]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
cheques, Drafts, Pay Orders and Banker's Cheques are "valid for..... months from the date of instrument.
A
4 months
B
1 months
C
6 months
D
3 months
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
IFRS stands for
A
International Financial Reporting Standards
B
Indian Financial Rating Standards
C
International Financial Rating Standards
D
Indian Functional Reporting Standards
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
"One Family One Bank" tagline is associated with a PSB Bank. The Public Sector Bank (PSB) in the Question is-
A
Canara Bank
B
Bank of Maharashtra
C
Bank of India
D
Corporation Bank
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Gross Value Added by agriculture, forestry and fishing is estimated at Rs..... trillion in Financial Year 2018?
A
Rs 16.47 trillion
B
Rs 22.45 trillion
C
Rs 23.32 trillion
D
Rs 17.67 trillion
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
NEFT means [IBPS 2011]
A
National Electronic Funds Transfer system
B
Negotiated Efficient Fund Transfer System
C
National Efficient Fund Transfer Solution
D
Non Effective Fund Transfer System
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
NIBM is an Indian institution for research, training, and consultancy in banking and finance. What is the meaning of "B" in NIBM?
A
Base
B
Bank
C
Branch
D
Banking
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a function of commercial bank?
A
Providing project finance
B
Selling mutual funds
C
Deciding policy rates like CRR, Repo rates/SLR etc.
D
Settlement of payments on behalf of the customers
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following field Dalal Street in Mumbai is famous?
A
NABARD
B
Stock Exchange
C
RBI
D
SEBI
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In Negotiable Instruments Act, the Cheque is covered under which section?
A
Section 4
B
Section 5
C
Section 6
D
Section 13
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
DHFL Pramerica Life Insurance Company has signed on Dhanlaxmi Bank as its bancassurance partner. Dhanlaxmi Bank based in-
A
Kerala
B
Odisha
C
Maharashtra
D
Gujarat
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