Banking Questions for IndusInd Bank [TEST-6]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Asian Development Bank (ADB) has lowered India's GDP forecast for the current fiscal by 0.3% to.....
A
6.90%
B
6.10%
C
6.30%
D
6.70%
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The interest rate at which the RBI lends to commercial banks in the short term to maintain liquidity is known as-
A
Interest rate
B
Repo rate
C
Reverse repo rate
D
Bank rate
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India started its five year planning with effect from the year
A
1955
B
1951
C
1960
D
1965
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many times we read in newspapers/magazines about the increase or decrease in tax collection. Which of the following taxes is not included in the tax collection levied by the Union Government?
A
Property Tax
B
Education Cess
C
Corporate Tax
D
Income Tax
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of these banks are not-for-profit banks owned by the depositor?
A
Cooperative banks
B
Merchant banks
C
Land Banks
D
None of the above
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank has entered into a corporate agency agreement with Bajaj Allianz General Insurance and Cholamandalam MS General Insurance for distribution of their insurance products recently?
A
Central Bank of India
B
Indian Overseas Bank
C
Punjab National Bank
D
Union Bank of India
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which country has the highest Foreign Assets Reserves in the world?
A
China
B
Australia
C
USA
D
India
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which year the second round of Bank nationalisation was done?
A
1979
B
1974
C
1980
D
1988
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
By increasing repo rate, the economy may observe the following effects..... [IBPS 2012]
A
Rate of interest on loans and advances will be costlier
B
Industrial output would be affected to an extent
C
Banks will increase rate of interest on deposits
D
Industry houses may borrow money from foreign countries
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India's largest lender SBI and India IMGC has signed a pact to offer mortgage guarantee scheme for prospective non-salaried and self-employed home loan customers. What is the meaning of "M" in IMGC?
A
Money
B
Monetary
C
Management
D
Mortgage
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