Banking Questions for IBPS RRB [TEST-2]

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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]
For which of the following reasons, NABARD has set up joint liability groups (JLG) of farmers? [Allahabad Bank 2011]
A
To facilitate delivery of credit to farmers
B
To facilitate better delivery of credit to farmers through informal sources
C
To facilitate better delivery of credit to share croppers and those who do not have their own land
D
To facilitate better delivery of credit to farmers through Panchayats
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India was set-up on the recommendations of the
A
Narasimham Committee
B
Hilton-Young Commission
C
Mahalanobis Committee
D
Fazal Ali Commission
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the organisation, which has allows Banks to tie up with insurers?
A
IRDAI
B
RBI
C
SBI
D
World Bank
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What does e-KYC stand for?
A
Email Know Your Customer
B
Electronic Know Your Customer
C
Electric Know Your Customer
D
Electronic verifiable Know Your Customer
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is NOT a component of India's Securities Market?
A
Commodity Futures
B
Small Savings in National Saving Certificates
C
Government Bonds
D
Corporate Equity
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following accounts is intended to manage the income earned in India from sources like pension, dividend, rent, etc?
A
NRO account
B
NRE account
C
NRI account
D
None of the above
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
IFSC Code consists of.....-alpha-numeric characters that uniquely identifies a bank-branch participating in the RTGS and NEFT system.
A
13
B
9
C
12
D
11
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following was set up as a exclusive data communication network for banks in terms of recommendations of committee on communication network of banks?
A
BANKNET
B
SWIFT
C
MICR
D
None of these
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In what form the banks are required to maintain deposits with RBI under CRR?
A
Cash
B
Government Securities
C
Gold
D
All of the above
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the present Managing Director & CEO of Bank of Baroda?
A
Sunil Mehta
B
PS Jayakumar
C
Kalyan Basu
D
Usha Ananthasubramanian
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