Banking Questions for IBPS PO (CWE PO/MT) [TEST-1]

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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]
Who have the largest share of world trade?
A
European Union, USA
B
Japan
C
Canada
D
All of these
KBC Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is a very senior citizen under Income Tax Rules?
A
A person who is 65 years and above
B
A person who is 75 years and above
C
A person who is 80 years and above
D
A person who is 90 years and above
KBC Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... account is opened by the investor while registering with an investment broker.
A
Fixed Deposit Account
B
Savings Bank Account
C
Recurring Account
D
Demat Account
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
OBOPAY has announced that the company has secured a license for PPI from RBI to operate a semi-closed loop wallet in the country. What is the meaning of "I" in PPI?
A
Initial
B
International
C
Installment
D
Instrument
KBC Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many economists, bankers and researchers in India often advocate that banks should equip themselves for new challenges. These challenges are in which of the following shapes/forms?
  1. As India economy is getting increasingly integrated with the rest of the world the demand of the Corporate banking is likely to change in terms of size, composition of services and also the quality.
  2. The growing foreign trade in India will have to be financed by the local banks.
  3. Foreigners are habitual of the comforts provided by the technology. India has to do a lot in this reference.
A
Only 1 is correct
B
Only 2 is correct
C
Only 3 is correct
D
All of the above
Latest Current affairs Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
How are minors encouraged to save money by banks?
A
By opening account in the name of minor
B
By allowing savings account to minors under guardianship
C
By allowing them to come to the bank for depositing money
D
By going to schools
GK (GENERAL KNOWLEDGE) Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is the limitation of the ATMs owing to which people are required to visit branches of the bank?
  1. It does not accept deposits.
  2. It has a limited cash disbursement capacity.
  3. Lack of human interface.
A
Only 1
B
Only 2
C
Only 3
D
All the above
Aptitude test Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following countries has the largest Mutual Fund market in the World?
A
USA
B
Japan
C
China
D
Brazil
Crack any exam
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Deposits with Regional Rural Banks (RRBs) are insured by
A
Life Insurance Corporation of India
B
General Insurance Corporation
C
Deposit Insurance and Credit Gurantee Corporation
D
None of the above
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Enthused by the success of India's largest bank State Bank of India's merger, the government is reportedly mulling another mega bank merger. As per a report, the government is planning to merge Bank of four banks, they banks had reported a combined loss of Rs 21, 646.38 crore in the year ended 31 March 2018. Name these four Banks?
A
Bank of Baroda, Bank of India, Oriental Bank of Commerce and Indian Bank
B
Punjab National Bank, IDBI Bank, Indian Overseas Bank and Central Bank
C
Union Bank of India, IDBI Bank, Oriental Bank of Commerce and United Bank of India
D
Bank of Baroda, IDBI Bank, Oriental Bank of Commerce and Central Bank of India
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