Banking Questions for Corporation Bank – IBPS [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who signs the One Rupee notes in India?
A
Prime Minister
B
RBI Governor
C
Finance Secretary
D
President
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. Where is the Headoffice of RBI-
A
Pune
B
Mumbai
C
Chennai
D
New Delhi
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As per reports in the newspapers, the Indian Rupee is appreciating these days. What does it really mean?
  1. The value of the Rupee has gone up. It is now 110 paise and not 100 paise.
  2. The exchange rate of Rupee has gone up.
  3. Now we can purchase more in one Rupee
Which was not possible earlier?
A
Only I
B
Only II
C
Only III
D
Both I and II
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The term Negotiable Instruments is associated with which of the following?
A
A written document that transfers the value in it from one person to other
B
A written document entitled on an individual by delivery or endorsement
C
A written document, entitled on a person to receive money
D
All of the above
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statement is/are true about fiat money?
A
Fiat money includes physical token like certificates
B
Fiat money's value is not derived from any intrinsic value are relative value is based only on government order
C
Fiat money can be converted in to valuable commodity (like gold)
D
None of these
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Janashree Bima Yojana (JBY) was launched on-
A
10th August 2002
B
10th August 2007
C
10th August 2000
D
10th August 2010
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The branding line of Bank of Baroda is
A
International Bank of India
B
India's International Bank
C
India's Multinational Bank
D
World's local Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Financial service companies excludes which of the following?
A
Commercial banks
B
Insurance companies
C
Crepitating agencies
D
Sole proprietorship
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
China-sponsored Asian Infrastructure Investment Bank (AIIB) approved USD 2 million loan (Rs. 13, 000 crores) for five projects in-
A
Gujarat
B
West Bengal
C
Assam
D
Andhra Pradesh
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is the printing press of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. Located?
A
Mysore
B
Salboni
C
Both A and B
D
None of the above
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