Banking Questions for Central Bank of India – IBPS [TEST-6]

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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]
The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic growth is known as:
A
Economic Policy
B
Monetary Policy
C
Fiscal Policy
D
Credit Policy
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
According to data furnished by the Reserve Bank of India, between 2015 and 2017, which of the following bank has penalized the highest number of employees for defrauding bank assets in the last three years?
A
ICICI Bank
B
State Bank of India
C
Punjab National Bank
D
HDFC Bank
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following is considered to be the most liquid asset?
A
Gold
B
Money
C
Land
D
Treasury bonds
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Interest can be drawn through auto credit into savings account standing at same post office, through PDCs or ECS./In case of MIS accounts standing at CBS Post offices, monthly interest can be credited into savings account standing at any CBS Post offices. CBS stands for-
A
Core Balance Solutions
B
Core Banking Solutions
C
Core Banking System
D
Core Banking Service
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which of the following sector/sectors FDI is not allowed in India, under the automatic route as well as the government route?
  1. Gambling and Betting
  2. Atomic Energy
  3. Retail Trading (Except single brand product retailing)
A
All the above
B
Only 1
C
Only 2
D
Only 3
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which country has become the first Indian company to cross the Rs6-lakh crore mark in market capitalisation as its shares touched a 52-week high of Rs 974.5?
A
ONGC
B
Wipro
C
TCS
D
RIL
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Insurance firm AIA Group Ltd has decided to increase its stake in Tata AIA Life Insurance Co Ltd, a joint venture owned by Tata Sons Ltd and AIA Group from 26 per cent to..... per cent.
A
51 percent
B
100 percent
C
74 percent
D
49 percent
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the chairman of the board of AU Small Finance Bank?
A
Ganeshan Neelakanta Iyer
B
Sher Bahadur Deuba
C
K G Karmakar
D
Mannil Venugopalan
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
MICR code and its technology used to verify the legitimacy or originality of paper documents, especially checks. MICR stands for-
A
Magnetic Ink Character Recognition
B
Management Ink Character Recognition
C
Magnetic Ink Conclusion Recognition
D
Magnetic Ink Character Restructure
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is most liquid measure of money supply in India?
A
$M_2$
B
$M_4$
C
$M_1$
D
$M_3$
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