Banking Questions for Allahabad Bank – IBPS [TEST-1]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Capital market regulator SEBI has raised the investment limit for FPI in central government securities to over 1.91 lakh crore from January 2018. FPI stands for-
A
Foreign People Investors
B
Foreign Portfolio Investment
C
Foreign Portfolio Investors
D
Foreign Personal Investors
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
National Housing Bank is wholly owned by which of the following institutions?
A
RBI
B
SEBI
C
SBI
D
None of the Above
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Priority Sector does not includes the.....
A
Agricultural Finance
B
Education Loans
C
Housing loans
D
Life Insurance Policy
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not the type of Exchange rates?
A
Ready
B
Value Tom
C
Backward Transaction
D
Forward Transaction
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which one of the following is not a function of Central Bank in a country?
A
Credit Control
B
Managing Money Supply
C
Credit Creation
D
Regulation of Foreign Exchange
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Corporation Bank is a public-sector banking company headquartered in Mangalore, India. What is the tagline of Corporation Bank?
A
A Premier Public Sector Bank
B
A Tradition of Trust
C
Honours Your Trust
D
India's International Bank
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which was the first small finance bank in India?
A
Capital Small Finance Bank Limited
B
Jana Small Finance Bank
C
Ujjivan Financial Services Pvt Ltd
D
AU Small Finance Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO..... as whole-time director and chief operating officer (COO).
A
Sandeep Bakhshi
B
Arvind Saxena
C
Sharad Kumar
D
NS Kannan
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Whenever somebody needs foreign currency against Indian Rupee, banks give equivalent amount of desired currency based on prevalent
A
bank rate
B
currency rate
C
policy rate
D
exchange rate
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When did the Lead Bank Scheme reduce the developmental gap between different regions of the country launched in India?
A
Towards the end of First Five Year Plan
B
Towards the close of the Second Five Year Plan
C
Towards the close of the Plan Holiday in Indian Economy
D
Towards the end of the Eight Five Year Plan
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