Banking Questions for SBI PO Probationary Officer [TEST-9]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
On 7 May 2015, RBI said with effect from September 1, 2015 all new cards issued-debit and credit, domestic and international-by banks shall be EMV chip and pin based cards. EMV stands for
A
Europay, Mastro and Visa
B
Europay, Master Card and Visa
C
Entitlement of Master Card and Visa
D
Euro, Master Card and Visa
English grammar Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Expand the term FRBM?
A
Financial Responsibility and Business management
B
Fiscal Responsibility and Business management
C
Financial Responsibility and Budget Management
D
Fiscal Responsibility and Budget Management
Computer science (GATE/NET) Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Coins upto what amount are called RS.small coins' in India?
A
25 paise
B
50 paise
C
1 rupee
D
2 rupee
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Asian Development Bank will increase its annual lending to India to a maximum of how much billion between 2018 and 2022 to help fasten inclusive economic transformation towards upper middle-income status.
A
\$ 6 billion
B
$ 4 billion
C
\$ 10 billion
D
\$ 15 billion
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Banks have different interest rate for different loan products. To which rate are there interest rates linked?
A
Prime lending rates
B
Base rate
C
RBI administered rates
D
The bank rate
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under which category, will you classify Regional Rural Banks (RRBs)?
A
Scheduled commercial banks
B
Co-operative banks
C
Private sector banks
D
Development banks
Bank exam Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following functions are performed by RBI as a banker of banks?
A
settlements of inter-bank transactions
B
enables banks to maintain their accounts with RBI for statutory reserve requirements
C
acts as the lender of last resort
D
All of the above
English grammar Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In banking parlance, 'Sub-prime' refers to
A
landing by banks at rates below PLR
B
funds raised by banks at sub-libor rates
C
group of banks which are not rated as prime banks as per bankers almanac
D
lendingdone by banks/FIs to customers not meeting with normally required credit appraisal standards
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
National Bank for Agriculture and Rural Development (NABARD) has sanctioned an amount of Rs 335 crore under the Rural Infrastructure Development Fund (RIDF) to-
A
Jharkhand
B
Odisha
C
West Bengal
D
Kerala
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who has been appointed as MD and CEO of Dena Bank?
A
Pallav Mohapatra
B
Mrutyunjay Mahapatra
C
Padmaja Chundru
D
Karnam Sekar
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