Banking Questions for Indian Bank – IBPS [TEST-8]

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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]
India and..... have signed an agreement on Currency Swap in a Joint Commission Meeting for Economic and Technical Cooperation.
A
China
B
Iran
C
Qatar
D
UAE
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which of the following years, Lead Bank scheme was finalised?
A
1969
B
1960
C
1981
D
1993
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
VCTs invest in which of the following assets?
A
Any new start up company
B
Company listed in Stock Exchange
C
Companies listed on AIM.
D
None of the Above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who has taken over as the Chairman and Managing Director of National Insurance Company Limited (NICL) recently?
A
Ranjan Gogoi
B
Prashant Kumar
C
Tajinder Mukherjee
D
Kamlesh Nilkanth Vyas
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SEBI allows retail investors to apply for shares of Initial Public Offerings without actual transfer of their funds from their accounts. What is this facility known as?
A
Systematic transfer plans
B
Systematic investment plans
C
Hedge fund accounts
D
Applications Supported by Blocked Amount
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Interest is usually paid on money market instruments
A
at maturity
B
on request
C
twice a year
D
annually
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SIDBI has celebrated its foundation day on 02nd April..... as the day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate).
A
1990
B
1992
C
1988
D
1982
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following Negotiable Instruments can be crossed to the banks?
A
Cheques
B
Bills of Exchange
C
Drafts
D
All of above
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What was the objective behind the Banking correspondent scheme?
A
Taking banking to the remotest areas
B
Helping in the process of Financial inclusion
C
Both A and B
D
None
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
FM Arun Jaitley has proposed acceptance of key recommendations of the Fiscal Reform and Budget Management Committee to bring down Central Government's Debt to GDP ratio to-
A
20%
B
30%
C
50%
D
40%
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