Banking Questions for Lakshmi Vilas Bank [TEST-8]

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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]
Which type of Fund is required to be listed on Stock Exchange?
A
Debit Fund
B
Liquid Fund
C
Close Ended Funds
D
Sector Funds
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Section 9 of the Banking Regulation Act prohibits the banking Companies from holding any immovable property except for its own use for a period of not more property. The RBI may extend this period for a further period of.....:
A
2 years
B
4 years
C
5 years
D
6 years
NTA NET study material
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statements is true? [IBPS 2011]
A
Banks cannot accept demand and time deposits from public.
B
Banks can accept only demand deposits from public.
C
Banks can accept only time deposits from public.
D
Banks can accept both demand and time deposits from public.
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which organization pays the insurance premium for getting the bank deposits insured?
A
RBI
B
Individual banks
C
Account holders
D
There is no payment of premium
Computer science (GATE/NET) Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
National Housing Bank (NHB), a wholly owned subsidiary of.....
A
RBI
B
Government of India
C
IRDAI
D
State Government
NTA NET study material
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank has launched new products such as pre-approved credit card and UPI solution to mark its 124th foundation day on 12th April 2018?
A
Bank of Baroda
B
Punjab National Bank
C
Allahabad Bank
D
State Bank of India
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Number of public sector banks have opened special units known as MSME hubs. What are they meant for?
A
These are small and medium sized branches
B
These are meant for units in industrial areas
C
These hubs cater to specialized banking for micro, small and medium enterprises
D
These outlets specially are for schools and educational institutions
Aptitude test Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the currency deposit ratio (CDR)?
A
ratio of money held by the public in currency to that of money held in bank deposits
B
ratio of money held by public in bank deposits to that of money held by public in currency
C
ratio of money held in demand drafts to that of money held in treasury bonds
D
none of the above
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The minimum limit with RTGS is.....
A
2 lakh
B
3 lakh
C
4 lakh
D
6 lakh
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The UTI was established in
A
1956
B
1964
C
1972
D
1976
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