Banking awareness questions
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Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As a result of the collaboration of the Department of Posts, Government of India with the Western Union Financial Services, a state of the art International Money transfer Service is now available through the Post Offices in India, which enables instantaneous remittance of money from around..... countries and territories to India.
Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The tag line 'A friend you can bank on' is of which bank?
Bank of Maharashtra
Bank of Baroda
Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SEBI was set up with the main purpose of keeping a check on malpractices and protect the interest of investors. What is the objectives of SEBI?
To regulate the activities of stock exchange.
To protect the rights of investors and ensuring safety to their investment.
To prevent fraudulent and malpractices by having balance between self regulation of business and its statutory regulations.
All of the above
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following acts helps a bank in its day-to-day activities?
Negotiable Instruments Act
Hindu Marriage Act
Hindu Succession Act
Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Universal Health Insurance Scheme (UHIS) has been redesigned targeting only the BPL families. The premium subsidy has been enhanced from..... to..... for an individual.
Rs 300 to Rs 500
Rs 100 to Rs 200
Rs 400 to Rs 500
Rs 300 to Rs 800
Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Digital signature are
legally valid signatures as per the information technology act. 2000 and acceptable in Indian courts at par with paper signatures
required for authentication of e-mail and SFMS
required for authentication of settlement applications of clearing coupan of India Ltd.
all of the above
Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
BoP (Balance of Payment) refers to
transactions in the flow of capital
transactions relating to receipts and payment of invisible
transactions relating only to exports and imports
All of the above
Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the limit on the amount of compensation as specified in an Award?
Rs. 15 lakh
Rs. 20 lakh
Rs. 18 lakh
Rs. 10 lakh
Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In the case of failed ATM transactions, if the amount is not credited to customer's account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs..... per day.
Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Ministry of Culture, Government of India has introduced a new scheme namely 'Seva Bhoj Yojna' with a total outlay of Rs. 325.00 Crores for Financial Years 2018-19 and 2019-20. "Seva Bhoj Yojana" is related to-
Reimburse Central Share of CGST and IGST on Food/Prasad/Langar/Bhandara offered by Religious Institutions
Sustainable ground water management with community participation in select over-exploited and ground water stressed areas in seven States
Government-backed pension scheme in India targeted at the unorganised sector
Focus to establish infrastructure that could ensure adequate robust sewage networks and water supply for urban transformation by implementing urban revival projects
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There are 10 questions to complete.