Banking Questions for Union Bank of India – IBPS [TEST-3]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder's signature is known as.....
A
Travellers Cheque
B
Multicity Cheque
C
Mutilated Cheque
D
Crossed Cheque
Computer science (GATE/NET) Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the followings are defined as Negotiable Instruments by Custom (Trade Practices)?
A
Banker's Note
B
Share Certificates
C
Share Warrants
D
All of the above
Aptitude test Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Regional rural banks
  1. have limited area of operation
  2. have free access to liberal refinance facilities from NABARD
  3. are required to lend only to weaker sections
A
1, 3
B
2, 3
C
1, 2, 3
D
1, 2
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The NCMC is a contactless smart card. NCMC stands for-
A
National Common Mobility Commission
B
National Common Mobility Card
C
National Common Mobility Committee
D
National Common Mobility Corporation
Computer science (GATE/NET) Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Financial inclusion is a major initiative of RBI. Which of the following is promoting this initiative?
A
Waiver of agricultural loans
B
Observing KYC norms strictly
C
Appointment of business correspondents
D
Opening of more and more ATMs
NTA NET study material
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
PSLCs are tradable certificates issued against priority sector loans of banks. What does meaning of "Cs" in PSLCs?
A
Cess
B
Cities
C
Census
D
Certificates
NTA NET study material
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
MMID is a..... digit number of a bank customer.
A
11
B
9
C
07
D
5
GK (GENERAL KNOWLEDGE) Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Small Industries Development Bank of India headquarters in.....
A
Kanpur
B
Mumbai
C
Chennai
D
Lucknow
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is having the major stakes in NABARD?
A
RBI
B
Central Government
C
SBI
D
Ministry of Finance
Bank exam Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Once a Budget has been presented in the Parliament, the government has to get all money bills related to the union budget passed within.....
A
30 Days
B
60 Days
C
75 Days
D
90 Days
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