Banking Questions for Lakshmi Vilas Bank [TEST-7]

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Banking awareness questions

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Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government of India has doubled the monetary limit to..... rupees for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and financial institutions.
A
50 lakh rupees
B
60 lakh rupees
C
10 lakh rupees
D
20 lakh rupees
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Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Where is the headquarters of Westpac Banking Corporation?
A
New Zealand
B
Australia
C
Russia
D
France
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Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the maximum amount for which a note can be printed by the RBI?
A
2000
B
5000
C
10000
D
50000
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Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Chanda Kochhar has quit as CEO of.....with immediate effect.
A
Axis Bank
B
ICICI Bank
C
HDFC Bank
D
IDBI Bank
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Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following regulatory body has released operational guidelines to facilitate payments among prepaid instruments (PPI) such as mobile wallets?
A
IRDAI
B
SEBI
C
RBI
D
NABARD
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Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The parameters that invite Prompt Corrective Action from the central bank are-
A
Capital to Risk weighted Asset Ratio
B
Net Non-Performing Assets (NPA)
C
Return on Assets (RoA)
D
All of the Above
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Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government gave its go-ahead to the Reserve Bank of India to issue Rs 200 notes that will ease pressure on lower-denomination currency bills recently. Who is the present Governor of RBI?
A
HK Bhanwala
B
Raghuram Rajan
C
Urjit Patel
D
Ajay Tyagi
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Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following agencies was set up to promote new technological inputs in rural sector?
A
CAPART
B
HUDCO
C
SIDBI
D
IDBI
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Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following problems is needed to be resolved under issue management?
A
Problems with staff
B
Technical failures
C
Material shortages
D
All of the above
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Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as the
A
Exchange rate
B
MIBOR
C
Inter bank Call money rate
D
Base rate
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