Banking Questions for IBPS PO (CWE PO/MT) [TEST-6]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Treasury bills are sold in India by-
A
SEBI
B
State Government
C
RBI
D
Commercial Banks
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which financial institution is initiative of the World Bank, the Government of India and representatives of Indian industry.
A
IDBI Bank
B
ICICI Bank
C
SBI Bank
D
RRB Bank
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
An institution which accepts deposits, makes business loans and offers related services is called
A
Saving bank
B
Commercial bank
C
Investment bank
D
Development bank
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
First Indian bank to provide Internet Banking facility is-?
A
SBI
B
ICICI Bank
C
Canara Bank
D
BOI
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the full form of LAF, as used in banking world very frequently?
A
Liquid Advances Finance
B
Liquidity Adjustment Facility
C
Legal Adjournment Formality
D
Local Advance Finance
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is popular 'saving bank' among the poor children?
A
Core banking
B
Credit banking
C
Debit banking
D
Piggy banking
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the present Chairman of IndusInd Bank?
A
Renu Satti
B
Gopal Chandra
C
R Seshasayee
D
Vijay Shekhar Sharma
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many a times, we read a term 'SEPA' in financial newspapers. What is the full form of the SEPA?
A
Single Exchange Processing Agency
B
Single Euro Payments Area
C
Single Electronic Processing Agency
D
Super Electronic Purchase Agency
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As we all know, Government of India pays special emphasis on the management of Fiscal Deficit. What is Fiscal Deficit?
A
The gap between projected of estimated GDP and actual GDP
B
The gap between the total number and value of the currency notes issued by the RBI uptill now over the number and value of those which are in actual circulation
C
The gap between the actual borrowings of the Government of India and the expected expenditure for which provision is made in the budget
D
Excess of government's disbursement comprising current and capital expenditures over its current receipts (tax/non-tax receipts)
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
World's first Bank Agnostic Instant Funds Transfer Platform using Facebook launched by-
A
ICICI Bank
B
Kotak Mahindra Bank
C
IndusInd Bank
D
Central Bank
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