Banking Questions for IBPS RRB [TEST-8]

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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]
In a bid to make retirement income scheme more attractive for central government employees, the government has agreed to chip in a higher..... of the basic salary of an individual as its contribution to the National Pension System (NPS).
A
12%
B
20%
C
10%
D
14%
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is a payment and settlement system used by the banks in India?
A
Liquidity adjustment facility
B
Real time gross settlement
C
Forward rate agreements
D
Central depository service
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
RBI increases Repo Rate to control which economic situation of economy?
A
Deflation
B
Inflation
C
Recession
D
Stagflation
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which among the following bank has partnered with mobile payments switch TerraPay to enable real-time money transfer to bank accounts in India?
A
Kotak Mahindra Bank
B
Axis Bank
C
Yes Bank
D
ICICI Bank
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India's first banking robot Lakshmi launched by..... in Chennai.
A
Axis Bank
B
South Indian Bank
C
ICICI Bank
D
City Union Bank
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
*99#, a USSD based mobile banking service of NPCI was initially launched in-
A
November 2010
B
November 2012
C
November 2011
D
November 2013
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which organisation developed BHIM Application?
A
SBI
B
RBI
C
NPCI
D
SEBI
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is used for International Monetary Transfer?
A
RTGS
B
NEFT
C
SWIFT
D
None of these
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the meaning of Mixed economy?
A
Co-existence of small and large industries
B
Co-existence of public and private industries
C
Co-existence of the rich and poor
D
Promoting both agriculture and industries in the economy
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Indian Commercial Banks are categorized into
A
Public sector Banks
B
Foreign Banks
C
Private Sector Banks
D
All of the above
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