Banking Questions for IBPS RRB (CWE RRB) [TEST-8]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Special drawing right is an international practice of drawing funds. Which of the following institutions control this special finding facility?
A
World Bank
B
Asian Development Bank
C
Federal Reserve
D
European Common Market
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Hypothecation is:
A
A transaction of conditional sale
B
A legal transaction whereby goods may be made available as security for a debt
C
Transfer of ownership by the borrower to the lender
D
None of the above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
ICICI started merchant banking in which of the following years?
A
1980
B
1978
C
1981
D
1974
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is called the World Bank?
A
International Monetary Fund
B
Asian Development Bank
C
World Trade Organisation
D
International Bank for Reconstruction and Development
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The term 'Gross National Happiness' was coined by
A
Amartya Sen
B
Bhutan's King
C
Maqbool Haq
D
European Union
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The board of directors of Kotak Mahindra Bank has redesignated Uday Kotak as Managing Director and Chief Executive Officer. The Bank headquarters in.....
A
New Delhi
B
Mumbai
C
Chennai
D
Kolkata
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not the type of credit reporting institutions?
A
Credit Bureau
B
Credit Agencies
C
Both A and B
D
None of the above
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which organisation has amended its earlier order asking banks to initiate bankruptcy proceedings against 12 companies which have outstanding loans amounting to over Rs 5, 000 crore as on March 2016?
A
SEBI
B
NABARD
C
RBI
D
SIDBI
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Rating agency CRISIL has revised its outlook on 18 public sector banks (PSBs) from "negative" to "stable" after the government announced bank-wise capital infusion and reform plans. Who is the present MD and CEO of CRISIL?
A
Nachiket Mor
B
Vinita Bali
C
John Berisford
D
Ashu Suyash
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As per the news published in major newspaper/journals hence forth the Credit card holders will be able to access their credit card information though automated interactive voice response system over the phone instead of speaking to the staff. This decision of the banks/credit card companies will provide.
  1. an additional hurdle to the customers as people feel comfortable in talking to the staff instead of talking to a machine.
  2. an additional security to the customers as this does not allow any staff to handle any transaction directly.
  3. some comfort to the banks as they will be able to reduce their staff strength.
Select the correct answer using the codes given below.
A
Only 1
B
Only 2
C
Only 3
D
All of the above
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