Banking Questions for South Indian Bank [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]
Biometric ATM cards are generally issued for which of the following?
A
Illiterates
B
Sick & old persons
C
Inoperative accountholders
D
Both A & B
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The International Monetary Fund (IMF) has stated that India is expected to grow at..... in 2018 and..... in 2019 and would re-emerge as one of the fastest growing major economies in the period.
A
7.8% and 7.9%
B
7.1% and 7.5%
C
7.4% and 7.7%
D
7.4% and 7.8%
GK (GENERAL KNOWLEDGE) Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
World Economic Situation and Prospects Report is associated with:
A
IMF
B
World Bank
C
United Nations
D
WTO
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the statement on Islamic banking is incorrect?
  1. Islamic banking is only for Muslims.
  2. Islamic banking activity do not allow paying and receiving of interest.
  3. Islamic banking promotes the principle of profit sharing between banking institution and depositor.
A
Only 1
B
Only 2
C
Only 3
D
Both 2 and 3.
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Maharashtra Government has launched..... assisted State of Maharashtra's Agribusiness and Rural Transformation (SMART) Project.
A
AIIB
B
IMF
C
World Bank
D
ADB
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
How many transactions can be received by a single beneficiary in a calendar year of International Money Transfer process in the Post Office Saving schemes?
A
40 transactions
B
20 transactions
C
10 transactions
D
30 transactions
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In India, which among the following is/are a part of Legal Tender Money?
A
Both coins and currency notes
B
Both coins and bank drafts
C
Both currency notes and SDRs
D
Only currency notes issued by RBI
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the allocation on Digital India Project under Union budget 2018-19?
A
Rs. 1014 crore
B
Rs. 3073 crore
C
Rs. 5054 crore
D
Rs. 2315 crore
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under the APY, guaranteed minimum pension of Rs. 1, 000/-, 2, 000/-, 3, 000/-, 4, 000 and 5, 000/-per month will be given at the age of..... years depending on the contributions by the subscribers.
A
58 years
B
60 years
C
65 years
D
62 years
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In which year the Banking Regulation Act 1949 was amended to make it applicable to cooperative banks?
A
1962
B
1964
C
1965
D
1969
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