Banking Questions for Indian Overseas Bank – IBPS [TEST-5]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following can be the outcomes of very high inflation in the economy?
  1. Reduction in economic growth.
  2. Increase in savings.
  3. Reduction in exports.
Select the correct answer using the codes below:
A
1 and 3 only
B
3 and 4 only
C
2 and 3
D
1 and 4 only
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Founded as 'Canara Bank Hindu Permanent Fund' in 1906, by late Shri Ammembal Subba Rao Pai, a philanthropist, this small seed blossomed into a limited company as 'Canara Bank Ltd.' in 1910 and became Canara Bank in 1969 after nationalization. Who is the present MD and CEO of Canara Bank?
A
Venkatachalam Ramakrishna Iyer
B
Mahadev Nagendra Rao
C
Uma Shankar
D
Rakesh Sharma
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As per the target for the 11th Five Year Plan, educated unemployment is to be reduced to which of the following levels?
A
9%
B
6%
C
7%
D
0.05
English grammar Questions answers
Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
At present the trade between India and China is in a state of 'Payment imbalance' What does this mean in real terms?
  1. China does not import many items from India whereas India imports more from China.
  2. China does not pay India in time and a lot of delay is reported by the exporters
  3. India wants all payments to be made in US Dollars whereas China pays in its own currency.
A
Only 1
B
Only 2
C
Only 3
D
All the above
English grammar Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The European Union regulators have slapped..... with a record 4.34 billion euro ( \$5 billion) antitrust fine for abusing the dominance of its Android mobile operating system.
A
Google
B
Yahoo
C
Facebook
D
YouTube
Latest Current affairs Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following statements is incorrect regarding RTGS system?
A
The transactions take place in real time
B
The system operates on DNS (Deferred Net Settlement) basis
C
The minimum amount that can be remitted is Rs. 2 lakh
D
Service charges for RTGS transactions vary from one bank to another
GK (GENERAL KNOWLEDGE) Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What amount of Gold RBI needs to maintain under the Minimum Reserve System?
A
Rs 150 crore
B
Rs 200 crore
C
Rs 115 crore
D
Rs 100 crore
Bank exam Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the upper age limit for Pradhan Mantri Jeevan Jyoti Bima Yojana renewable insurance scheme?
A
55 years
B
60 years
C
65 years
D
50 years
Bank exam Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
FM Arun Jaitley stated the volume of institutional credit for agriculture sector from year-to-year increased from Rs.8.5 lakh crore in 2014-15 to Rs.10 lakh crore in 2017-18 and he proposed to raise this to..... crore for the year 2018-19.
A
Rs. 11 lakh crore
B
Rs. 13 lakh crore
C
Rs. 15 lakh crore
D
Rs. 17 lakh crore
Bank exam Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
NIC (National Insurance Company Limited) is India's oldest general insurance Company. It was incorporated on-
A
27th December 1956
B
02nd December 1949
C
21st December 1935
D
05th December 1906
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