Banking Questions for IBPS Clerk [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]
The fiscal deficit target for year 2015 (2014-15) has been retained at the level announced by former Finance Minister P.Chidambaram in his interim budget. What is this level?
A
4.1% of GDP
B
5.7% of GDP
C
4.8% of GDP
D
4.5% of GDP
GK (GENERAL KNOWLEDGE) Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
RBI in the exercise of powers conferred under Section 47 A of the Banking Regulation Act, 1949 has levied a penalty of..... on the State Bank of India (SBI) for not monitoring the end use of funds in respect of one of its borrowers.
A
5 crore
B
100 crore
C
20 crore
D
1 crore
Bank exam Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Marg ERP limited, a leading Inventory and Accounting software solution company has partnered with....., by consolidated assets, to offer an integrated payments platform to MSME customers, using MARG's accounting software.
A
ICICI Bank
B
State Bank of India
C
Axis Bank
D
Bank of Baroda
Bank exam Questions answers
Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India is regularly revising upwards the repo and reverse repo rates. Why is this being resorted to?
A
To check inflationary pressures in the economy
B
To Curb growth of black money
C
To encourage rise in interest rates on deposits.
D
To make bank loan costiler
Civics Test Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Small Industries Development Bank of India is the principal development financial institution in India headquartered in-
A
Lucknow
B
Chennai
C
New Delhi
D
Mumbai
GK (GENERAL KNOWLEDGE) Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
IFCI is an Indian government owned development bank to cater to the long-term finance needs the industrial sector. IFCI stands for-
A
Industrial Finance Company of India
B
Industrial Finance Corporation of Investment
C
Industrial Finance Corporation of India
D
International Finance Corporation of India
English grammar Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In the State of India, the State Financial Corporation have given assistance mainly to develop
A
agricultural farms
B
cottage industry
C
large-scale industries
D
medium and small-scale industries
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the maximum ceiling on Foreign Direct Investment (FDI) for investment in the equity of Public Sector Banks in India?
A
20%
B
26%
C
49%
D
51%
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
ETFs are mutual funds listed and traded on stock exchanges like shares. ETFs stands for-
A
Electronic Traded Funds
B
Exchange Time Funds
C
Exchange Traded Finance
D
Exchange Traded Funds Show Answer
KBC Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Kisan credit cards or KCC are an effective way of reaching out to the farmers by the banks. What assistance does the farmer receive in this way?
A
Credit facility for crops etc. against an approved limit
B
Short term credit facility against value of his crops
C
Long term credit is provided against his land holdings
D
Loan is permissible against crops sold but payment yet to be received by the farmer
GK (GENERAL KNOWLEDGE) Questions answers
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