Banking Questions for UCO Bank – IBPS [TEST-5]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
State Bank of India has changed the daily withdrawal limit on its classic debit card from Rs. 40, 000 to.....
A
Rs 60, 000
B
Rs 50, 000
C
Rs 30, 000
D
Rs 20, 000
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a fee-based financial service?
A
Corporate counseling
B
Profit management
C
Lease financing
D
Issue management
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
If the Cash Reserve Ratio (CRR) is lowered by the RBI, its impact on credit creation will be-
A
Increases
B
Decreases
C
No impact
D
All of the above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Economic Affairs Secretary SC Garg has announced a reduction in gross borrowing estimate for the current fiscal by..... rupees.
A
7, 000 crore
B
50, 000 crore
C
10, 000 crore
D
70, 000 crore
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following international organisation has cleared a USD 250-million loan for making Indian youth more employable through reskilling, in a move that is seen to aid the Skill India Mission?
A
Asian Development Bank (ADB)
B
World Trade Organization (WTO)
C
Asian Infrastructure Investment Bank (AIIB)
D
World Bank (WB)
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Pension plan in which benefits of pension is paid in by both parties involved, such as employers and employees is classified as which of the following?
A
non-discretionary plan
B
discretionary plan
C
contributory plan
D
non-contributory plan
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SBM Group has received Reserve Bank of India's approval to operate in the country through a wholly-owned subsidiary route. SBM Group based in-
A
China
B
Japan
C
Russia
D
Mauritius
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Quantitative instrument of RBI can be
A
Bank Rate Policy (BRP)
B
Cash Reserve Ratio (CRR)
C
Statutory Liquidity Ratio (SLR)
D
All of these
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following banks has entered into a Memorandum of Understanding (MoU) with Life Insurance Corporation (LIC) of India for selling life insurance products of LIC?
A
Kotak Mahindra Bank
B
Axis Bank
C
ICICI Bank
D
Karnataka Bank
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements and state which of them are true?
  1. The planning commission's 40 members steering committee on Health will advise panel on the twelfth five year plan.
  2. The 40 member committee on Health is chaired by Syeda Hameed.
  3. The steering committee will review the National Health Policy, as well as explore the possibility of adopting the Right to Health as an approach with focus on women, children & preventive & curative healthcare.
A
Only 2
B
Only 3
C
1 & 3
D
All are true
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