Banking Questions for IBPS PO (CWE PO/MT) [TEST-5]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Telebanking service is based on
A
virtual banking
B
online banking
C
voice banking
D
core banking
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Scheduled bank means a bank
A
incorporated under the Companies Act, 1956
B
authorised to transact government business
C
governed by the Banking Regulation Act, 1949
D
included in the Second Schedule to the Reserve Bank of India Act, 1934
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following banks have entered capital market in the wake of Narasimham Committee recommendations?
A
State Bank of India
B
Oriental Bank of Commerce
C
Bank of India
D
All of the above
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the smartphone maker company, which has tied up with State Bank of India to store higher variants of SBI debit cards on the app.
A
Samsung
B
Motorola
C
Apple
D
Lava
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Oriental Bank of Commerce is an India-based bank established in Lahore, is one of the public-sector banks in India. What is the tagline of Oriental Bank of Commerce?
A
A Friend You Can Bank On
B
Where every individual is committed
C
Where India Bank
D
A Tradition of Trust
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of these is used as promise from a bank to make a payment assuming certain conditions are met?
A
Cash Credit
B
Over Draft
C
Letter of Credit
D
Term Loan
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Nationalisation of banks aimed at all of the following, except
A
provision of adequate credit for agriculture, SME and exports
B
removal of control by a few capitalists
C
provision of credit to big industries only
D
access of banking to masses
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
According to the Department of Industrial Policy and Promotion data, Foreign Direct Investment, FDI in India rose what percent to 12.8 billion dollars during the April to June quarter of this fiscal?
A
20%
B
18%
C
23%
D
28%
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What does the letter 'M' depict in the term SME as used in the financial world?
A
Maximum
B
Medium
C
Mercantile
D
Mutual
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the most common type of time deposit?
A
Salary account
B
Current Account
C
FD
D
Loan
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