Banking Questions for Kotak Mahindra Bank [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]
Yes Bank, unveiled a superior payment wallet service, BHIM Yes Pay by fully integrating the application with all the IndiaStack APIs and NPCI Products. BHIM stands for-
A
Bharat Interface for Market
B
Bharat Indian for Money
C
Bharat Interface for Management
D
Bharat Interface for Money
GK (GENERAL KNOWLEDGE) Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What does BHIM stand for?
A
Bharat Instant Money Transfer
B
Bharat Interface for Money
C
Bank Hotline Instant Money
D
Banking Hit Instant Money
Aptitude test Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Capital market is a market for long-term debt and equity shares. It is further divided in to?
A
Secondary Market and Bull Market.
B
Bull Market and Bell Market.
C
Primary Market and Secondary Market.
D
Primary Market and Government Cash Bond Market.
KBC Questions answers
Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Foreign Exchange is also called as which of the following?
A
Domestic Monetary Unit
B
Foreign Monetary Unit
C
International Monetary Unit
D
None of the Above
Civics Test Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Banks without the prior approval of the RBI, cannot-
A
one a new place of business in India or abroad
B
shift otherwise that within the same centers (city/town/village) of the existing place of business
C
shift their sole rural branch outside the centre/village is not permitted, as such shifting would render the centre unbanded
D
All of the above
Latest Current affairs Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Very often we read in newspapers/magazines about 'Sovereign Wealth Funds'. Which of the following is/are the correct description of the same?
  1. These are the funds or the reserves of a government or central bank of a country which are invested further to earn profitable returns.
  2. These are the funds which were accumulated by some people over the years but were not put in active circulation as they retain them as black money for several years.
  3. The funds which are created to be used as relief funds or bailout packages.
A
Both 2 and 3 only
B
Only 2
C
Only 3
D
Only 1
Bank exam Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following correctly define India's Foreign Exchange rate system?
A
Fixed
B
Free float
C
Managed float
D
Fixed target of band
NTA NET study material
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Banking and financial services all over the world are regulated usually by the Monetary Authority of the land. Who controls this function in India?
A
Ministry of Finance
B
SEBI
C
RBI
D
IRDA
Latest Current affairs Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What do you understand from the statement 'Cast credit account against hypothecation of stocks'?
A
Borrowing account for purchase of raw materials
B
Borrowing account for working capital against security of stocks
C
Working capital loan account against security of stocks in possession of the borrower
D
Borrowing account for working capital where the stocks of the borrower are in custody of the bank/lender
Biology Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Loans granted by a bank to an exporter popularly known as 'Export credit' is guaranteed, in case of default, by which of the following
A
EXIM Bank
B
Ministry of International Trade, GOA
C
ECGC
D
DICGC
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