Banking Questions for Kotak Mahindra Bank [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]
Which company has announced the launch of an artificial intelligence-based application 'SPOK' that can automatically read, understand, categorise, prioritise and respond to customer emails sent to the private insurer?
A
HDFC Life
B
NICL
C
Reliance
D
TCS
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
SCSS offers regular income, highest safety and tax saving, making it a popular product for those over..... years of age.
A
64 years
B
62 years
C
60 years
D
65 years
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the Indian Bank, which is set for a major restructuring of its business in the Unite Kingdom from April 2018?
A
State Bank of India
B
Punjab National Bank
C
United Bank of India
D
Bank of Baroda
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The government has made providing passport details mandatory for taking loans of 50 crore rupees and above. All existing loans of over 50 crore rupees, banks have been asked to collect passport details of borrowers within..... days.
A
100 days
B
30 days
C
90 days
D
45 days
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The functions of DBOD is broadly relate to prescription of regulations for compliance with various provisions of Banking Regulation Act on establishment of banks such as-
A
Investments and loans
B
Maintenance of statutory liquidity
C
Issue of guidelines on Prudential Norms relating to Capital Adequacy
D
All of the given options is true
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Inflation based on the WPI has accelerated to an eight-month high of 3.93% in November from 3.59% in October 2017. WPI stands for-
A
Wholesale Product Index
B
Wholesale Price India
C
Wholesale Price Index
D
Wheat Price Index
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which Bank/ organization has announced that it will provide a USD 500 million credit facility to Economic Community of West African States (ECOWAS) to fund various development projects in western-south Africa?
A
Export-Import Bank
B
National Bank for Agriculture and Rural Development
C
Small Industries Development Bank of India
D
National Housing Bank
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987. Where is the Head Office of NHB?
A
Lucknow
B
Chennai
C
New Delhi
D
Mumbai
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India is planning to launch a new category of banks called D-SIB. What does D-SIB stands for
A
Domestic Systematically Important Banks
B
Domestic Saving & Investment Banks
C
Domestic Synchronised Important Banks
D
Domestic Synchronised Improvised Banks
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
FRBM Act stands for:
A
Fiscal Revenue and Budget Management
B
Foreign Revenue and Business Management
C
Fiscal Responsibility and Budget Management
D
Foreign Responsibility and Budget Management
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