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

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The RBI Expert Committee to revise and strengthen the monetary policy framework is headed by
A
Dr. Urjit R. Patel Committee
B
Suresh Mathur Panel
C
Vijay Kelkar Committee
D
Shah Nawaz Committee
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Financial inclusion means provision of [IBPS 2011]
A
financial services, namely, payments, remittances, savings, loans and insurence at affordable cost to persons not yet given the same.
B
ration at affordable cost to persons not yet given the same.
C
house at affordable cost to persons not yet given the same.
D
food at affordable cost to persons not yet given the same.
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following country is set to leapfrog Britain and France in 2018 to become the world's fifth-largest economy in dollar terms, according to the report by Centre for Economics and Business Research (CEBR) consultancy's 2018 World Economic League Table?
A
Brazil
B
Japan
C
Germany
D
India
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Your bank's customer XYZ enjoys a CC limit of Rs. 100000. The CC account shows a credit balance of Rs. 10205. The relationship between your bank and XYZ limited is
A
debtor/creditor
B
creditor/debtor
C
bailor/bailee
D
bailee/bailor
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Planned expenditure in India is made from.....
A
Internal debt and other resources
B
Assistance from IMF
C
Assistance from ADB
D
A, B and C
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Ultimate controller of Bank Deposits is?
A
RBI
B
Finance Secretary
C
Ministry of Finance
D
Controller of Deposits
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which public sector bank had the account of the famous Jalianwala Bagh Committee?
A
State bank of India
B
Central Bank of India
C
Punjab National Bank
D
Bank of India
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many times we read a term CBS used in banking operation. What is the full form of the letter 'S' in the term 'CBS'?
A
Systematic
B
Super
C
Support
D
Solution
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The government has constituted a seven-member panel to select managing directors of public sector insurance companies. Who will be head of this panel?
A
Bibek Debroy
B
TS Vijayan
C
Urjit Patel
D
BP Sharma
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Export-Import Bank of India (Exim Bank) announced that it has extended..... worth of line of credit (LOC) to Seychelles.
A
$ 10 million
B
\$ 30 million
C
\$ 20 million
D
\$ 50 million
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