Banking Questions for South Indian Bank [TEST-7]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The value of transactions made through mobile wallets touched a record..... crore in June 2018, according to the RBI data.
A
Rs.52, 574 crore
B
Rs.23, 201 crore
C
Rs.42, 304 crore
D
Rs.14, 632 crore
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
As per the guidelines issued by the RBI, banks are preparing for a service which will allow customers to withdraw uptoRS. 1, 000 using their debit cards from notified shops/ stores all over the country. All such shops/ stores will have 'POS' terminals for the same. What is full form of the 'POS'? [Allahabad Bank 2010]
A
Payment on Sale
B
Power of Sale
C
Point of Sale
D
Payment Order Service
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a method of credit control?
A
Cash reserve ratio
B
Open market operations
C
Credit deposit ratio
D
Bank rate policy
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In a first for India, HSBC Holdings Plc has executed a trade finance transaction using blockchain for an export by..... to US-based Tricon Energy.
A
Tata Steels
B
Reliance Industries Ltd
C
Jindal and Sons
D
HDFC Bank
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Monetary Policy Committee has decided to keep the policy repo rate in 1st Bi-Monthly Monetary Policy Statement 2017-18 under the liquidity adjustment facility (LAF) unchanged at-
A
6.50%
B
6.25%
C
6.75%
D
6.00%
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What was the objective of Y H Malegam committee set up by RBI?
A
Review of Poverty Line
B
Licensing of Small Finance Banks
C
Monitoring of bad loans
D
None of the above
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
For which of these countries the RBI has served as the central bank in the past?
A
Myanmar
B
Nepal
C
Sri Lanka
D
All of the above
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Union Cabinet has given the approval for raising of four additional battalions of National Disaster Response Force (NDRF) to strengthen the India's disaster response set up at an estimated cost of-
A
Rs.4201 crore
B
Rs.100 crore
C
Rs.637 crore
D
Rs.2302 crore
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In Banking terminology, NPA means-
A
Non-Promise Account
B
Non-Personal Account
C
Non-Performing Asset
D
Net-performing Asset
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following were the objectives of Lead Bank scheme?
A
Eviction of unemployment and under employment.
B
Survival growth in the living map for the poorest of the poor.
C
Some basic needs arrangements included in poor sections of the society.
D
All of the above
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