Banking Questions for Indian Bank – IBPS [TEST-9]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following clearly defines Price Checking?
A
A prospect calls on the phone and ask for your rental rates.
B
A supervisor checks your knowledge of rental rates.
C
Both A and B
D
None of the Above
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under OLTAS, only a Single Copy Challan is used with a tear off the portion for the Tax Payer. What does OLTAS stand for-
A
On-line Tax Accounting Service
B
On-line Tax Amounting System
C
On-line Timing Accounting System
D
On-line Tax Accounting System
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Government securities with terms of more than 1 year are called
A
government bonds
B
treasury bills
C
bills of exchange
D
capital bills
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which commission distributes the taxes between centre and states?
A
NITI Ayog
B
Board of Direct Taxes
C
Finance Commission
D
National Development Counsel
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
How many banks are presently associates of State Bank of India?
A
8
B
7
C
6
D
5
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India was one of the first in Asia to recognize the effectiveness of the EPZ model in promoting exports. EPZ stands for-
A
Export Point Zone
B
External Processing Zone
C
Export Production Zone
D
Export Processing Zone
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In the first round 14 major banks with a liability base of..... were nationalized
A
10 crore or more
B
20 crore or more
C
50 crore or more
D
100 crore or more
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements
  1. In Indian Commercial Banking System, the number of the Non-Scheduled Bank is more than the Scheduled Banks.
  2. The Non-Scheduled Banks in India Commercial Banking System are less than the Scheduled Banks.
  3. State Bank of India is a Non-Scheduled Banks.
Which of the statements given above is/are correct?
A
Only 1
B
Only 2
C
Only 3
D
All of the above
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank has recently decided to exit by March-end its South Africa operations after 21 years amid a probe into alleged compliance lapses by the bank there?
A
Punjab National Bank
B
Bank of Baroda
C
Indian Overseas Bank
D
State Bank of India
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is NOT a Govt-sponsored organisation?
A
Small Industries Development Bank of India
B
NABARD
C
National Housing Bank
D
ICICI Bank
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