Banking Questions for HDFC Bank [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who has been appointed as Managing Director and Chief Executive Officer of Bank of Maharashtra?
A
Arvind Saxena
B
AN Jha
C
Raninder Singh
D
AS Rajeev
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When the credit committee corporation was created?
A
1974
B
1972
C
1971
D
1973
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In case of a demand draft is issued, the liability of the bank will be.....
A
Demand liability
B
Time liability
C
Current liability
D
Long term liability
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
RBI increased the validity period of the in-principle approval of setting up of new banks from one year to
A
14 months
B
16 months
C
18 months
D
20 months
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A Corporate Loan has which of the following features?
A
Specified Repayment Schedule
B
Fixed Interest Rate
C
Specific Time and Amount
D
All of the Above
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the full form of NRE account?
A
National Rural External account
B
National Resident External account
C
Non Resident External account
D
None of the above
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Your Perfect banking Partner is the punch line of..... Bank.
A
Bank of Maharastra
B
UTI Bank
C
BOB
D
Federal Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Many times, we hear about the 'Banking Ombudsman'. What is/are the major roles of same?
  1. Banking Ombudsman is a quasi-judicial authority having powers to summon, the banks and the customers both in case of dispute.
  2. The Banking Ombudsman are appointed by the President of India and are retired judges of the High or Supreme Courts.
  3. The decisions/judgements given by the Banking Ombudsman cannot be taken to any court of justice as their decisions are last in case of bank related problems disputes.
Select the correct answer using the codes given below
A
Only 1
B
Only 2
C
Only 3
D
All of these
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The NSFR will require banks to maintain a stable funding profile in relation to the composition of their assets and off-balance sheet activities. NSFR stands for-
A
Net Stable Funding Rate
B
Net Stable Funding Ratio
C
Net Stable Financial Ratio
D
Net System Funding Ratio
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A fixed deposit receipt is kept with the bank for its safety, is known as.....?
A
Safe custody
B
Safe deposit
C
Locker
D
Valid safe deposit
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