Banking Questions for Kotak Mahindra Bank [TEST-1]

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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]
According to the Income Tax Act of 1961, the age of Super Senior Citizens should be-
A
60 years
B
70 years
C
80 years
D
75 years
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Kapoor committee, 1999 is related to.....
A
Co-operative Banking Reforms
B
Micro-finance
C
Capital Account convertibility
D
Restructuring of RRBs
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In order to attract more foreign exchange the Govt of India decided to allow foreign investment in LLP firms. What is full form of "LLP" as used in this reference?
A
Local Labour Promotion
B
Low Labour Projects
C
Limited Loan Partnership
D
Limited Liability Partnership
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as
A
Term Deposit
B
Demand Deposit
C
Bond
D
Mortgage
Computer science (GATE/NET) Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds. What is the full form of ULIP?
A
Unit Linked Insurance Policy
B
Unit Linked Instant Plan
C
Universal Linked Insurance Plan
D
Unit Linked Insurance Plan
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
A cheque which is issued today must be presented before at bank for payment within a stipulated period. After expiry of that period, no payment will be made and it is then called.
A
Mutilated Cheque
B
Stale cheque
C
Crossed cheque
D
Open cheque
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following organisations is known as the market regulator in India? [Syndicate Bank 2009]
A
IBA
B
SEBI
C
AMFI
D
NSDL
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The financial assistance of loans of Rs. 10000 by a bank to very a small borrower will be called-?
A
Business finance
B
Government finance
C
Micro finance
D
Small finance
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who is the Chairperson of SBI?
A
Kishor Kharat
B
Anupam Srivastava
C
Usha Ananthasubramanian
D
Rajnish Kumar
Aptitude Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Name the scheme, which are designed to provide financial security to general people with guaranteed return on investment by department of posts.
A
Government schemes
B
Post office schemes
C
Revenue saving scheme
D
Financial security scheme
NTA NET study material
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