Banking Questions for HDFC Bank [TEST-5]

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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]
Which of the following acts regulates the underwriting process in India?
A
RBI Act 1934
B
Securities and Exchanges Board of India (Underwriters) Regulations, 1993.
C
Securities and Exchange Board of India (Underwriters) (Amendment) Regulations, 2006
D
Both b and c
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not e-banking software?
A
ECS
B
RTGS
C
PIPS
D
NEFT
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which year, CIBIL Limited (formerly Credit Information Bureau (India) Limited) was incorporated based on recommendations made by the RBI Siddiqui Committee?
A
2002
B
2000
C
2001
D
2004
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The approved assets against which currency notes are issued by RBI comprise of-
A
gold coin and bullion and rupee coin
B
foreign securities and Government of India rupee securities of any maturity
C
bills of exchange and promissory notes payable in India which are eligible for purchase by RBI
D
All of the above
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... is a deposit account provided by a bank or other financial institutions for individuals to save money and earn the modest interest for that money held in the account.
A
Fixed Deposit Account
B
Savings Bank Account
C
Recurring Account
D
Current Account
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When RBI acts as a baker to the government, what does it do?
A
RBI keeps bank accounts of the government
B
RBI carries out government transactions
C
RBI advises the government on all financial and monetary matters
D
All of the above
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following deposit accounts caters to professionals and businessmen alike?
A
Fixed Deposit Account
B
Savings Bank Account
C
Recurring Account
D
Current Account
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A limited company is.....
A
In which shareholders possess the ownership limited to their paid up capital
B
In which shares are issued
C
A company of Govt. ownership
D
A registered company
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following is Salient features of SCSS?
A
A depositor may operate more than one account in individual capacity or jointly with spouse (husband/wife).
B
In case of Cheque, the date of realization of Cheque in Govt. account shall be date of opening of account.
C
Account can be transferred from one post office to another.
D
All of the above are Salient features of SCSS.
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is the Corporate Office of Axis Bank?
A
Surat
B
New Delhi
C
Chennai
D
Mumbai
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