Banking Questions for IPPB Recruitment [TEST-1]

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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]
Many Co-operative Banks has their licenses cancelled by RBI. Why?
A
Because of financial indiscipline
B
Because of staff and management rift
C
As a result of labour unrest
D
Owing to voluntary surrender by the co-operative
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank has signed an MoU with Kathmandu-based National Banking Institute (NBI) for the development of human resources of the latter?
A
SBI
B
PNB
C
BOB
D
RBI
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Insurance Ombudsman scheme was created by the..... for individual policyholders to have their complaints settled out of the courts system in a cost-effective, efficient and impartial way.
A
ESIC
B
RBI
C
Finance Ministry
D
Government of India
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India (RBI) will capture the payment habits of individuals in six cities Mumbai, Delhi, Kolkata, Chennai, Bengaluru and Guwahati. For the purpose, the central bank has launched a survey. What is the name this survey?
A
Survey on Retail Permitted Habitat of Individuals
B
Survey on Retail Protective Habitat of Individuals
C
Survey on Retail Perplexity Habits of Individuals
D
Survey on Retail Payment Habits of Individuals
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which organisation has announced in its annual report on the world's 100 biggest armaments groups that the combined arms sales of Russian companies amounted to \$ 37.7 billion in 2017, an 8.5 percent rise from a year earlier?
A
SIPRI
B
IMF
C
World Bank
D
WTO
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which international organisation helped in setting up of ICICI in 1955?
A
World Bank
B
ADB
C
IMF
D
None of the above
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following Small Finance Bank has launched a new 'Yellow Army Savings Account' to increase its customer base through its association with the Chennai Super Kings (CSK), a franchise of the Indian Premium League (IPL)?
A
ESAF Microfinance and Investments Private Limited
B
Disha Microfin Private Limited
C
Equitas Small Finance Bank
D
Ujjivan Small Finance Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following organisations issues the rules of global trade?
A
World Bank
B
World Trade Organisaton
C
Foreign Exchange Dealers Association
D
Directorate General of Foreign Trade
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many a times we read in the newspapers that RBI takes certain steps to curb the menace of Inflation. In this context, which among the following will not help RBI in controlling the inflation in the country?
A
An increase in the Bank Rate
B
An increase in the Reserve Ratio Requirements
C
A purchase of securities in the open market
D
Rationing of the credit
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Securitisation act 2002 enables the banks to issue notices to defaulters who have to pay the debts within..... days.
A
90 days
B
60 days
C
30 days
D
120 days
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