Banking Questions for IBPS SO (NABARD) [TEST-8]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Banks have the lowest lending levels in the..... part of India.
A
Central
B
North-Eastern
C
Southern
D
Western
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Any change in flow of funds and the demand of them, is clearly reflected in which of the following?
A
Call money market
B
Money market
C
Repo market
D
Commercial bill market
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The lead bank scheme for public sector banks does not cover
A
metropolitan cities
B
all states and union territories
C
backward distance
D
rural areas only
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is total Forex reserve of India at present time?
A
US $405.1434 billion
B
US \$406.1434 billion
C
US \$123.4532 billion
D
US \$407.1434 billion
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Money Laundering refers to
A
Conversion of assets into cash
B
Conversion of money which is illegally obtained
C
Conversion of cash into gold
D
Conversion of gold into cash
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following Public sector Bank has launched Contactless Credit Card-Wave N Pay (on Visa Platinum platform), for transactions up to INR 2000?
A
Bank of Baroda
B
Union Bank of India
C
State Bank of India
D
Punjab National Bank
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Micro or Small Enterprise (as defined in the MSMED Act 2006) may be said to have become Sick, if?
A
Any of the borrowal account of the enterprise remains NPA for ten months or more
B
Any of the borrowal account of the enterprise remains NPA for eight months or more
C
Any of the borrowal account of the enterprise remains NPA for five months or more
D
Any of the borrowal account of the enterprise remains NPA for three months or more
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The EIB is the European Union's bank and it is the world's largest multilateral borrower and lender. What is the meaning of "I" in EIB?
A
Investment
B
International
C
Initially
D
Installment
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
An insurance..... is the amount of money that an individual or business must pay for an insurance policy.
A
premium
B
agent
C
health insurance
D
broker
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is a soft currency?
A
A currency whose exchange rate has a tendency to fluctuate
B
A currency which can be easily used for settling any International transactions.
C
A currency which can not be used for settling international transactions because it does not command a value in the international market
D
A currency which is available by way of soft loans from international agencies
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