Banking Questions for IBPS PO (CWE PO/MT) [TEST-3]

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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]
The Clearing Corporation of India Ltd. (CCIL) was set up in-
A
December 2010
B
February 1995
C
September 2006
D
April 2001
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is the head office of General Insurance Council?
A
Pune
B
Chennai
C
Mumbai
D
New Delhi
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The general approach to the loaning policies and procedures of co-operative banks has been to
A
implement the crop loan system in all its aspects
B
allow only long-term loans to the farmers extending beyond 20 years for development on land
C
finance for research and upgradation of agricultural inputs like seeds, manure, implements etc.
D
provide a window for marketing of agricultural produce
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following limits the power of credit creation by Commercial Bank?
A
Fiscal Policy
B
Banking Loan
C
Business Possession
D
None of the above
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... has launched Move Hack, a global mobility hackathon to crowdsource solutions aimed at the future of mobility in India.
A
Finance Ministry
B
SEBI
C
NITI Aayog
D
RBI
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
APB is a repository of Aadhaar number of residents and their primary bank account number used for receiving all social security and entitlement payments from various government agencies. What is the meaning of "B" in APB?
A
Base
B
Bridge
C
Bond
D
Banking
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a public sector bank?
A
State of Hyderabad
B
Central Bank of India
C
Regional Rural Bank
D
HDFC Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The process of credit creation has the effect of.....
A
Raising the real national income
B
Raising the real wealth of a country
C
Increasing the supply of money
D
Decreasing the national debt
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The first wholly Indian Bank was set-up in-
A
1794
B
1894
C
1896
D
1902
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Narsimham Committee recommended to reduce SLR and CLR to
A
25% and 3.5% respectively
B
24% and 3.5% respectively
C
25% and 3% respectively
D
20% and 5% respectively
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