Banking Questions for Corporation Bank – IBPS [TEST-8]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the minimum balance should be, in a Cheque account of Post Office Saving Schemes?
A
Rs 2500
B
Rs 500
C
Rs 1000
D
Rs 2000
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Consider the following statements in regard to money market in India:
  1. It is a market for short-term and longterm funds with maturity ranging from overnight to one year.
  2. It acts as an instrument of liquidity adjustment for the Central Bank.
  3. It is a market for only long term funds.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
only 3
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
National Bank for Agriculture and Rural Development has celebrated the..... Foundation Day on 12th July 2018.
A
36th
B
35th
C
37th
D
33rd
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who guides debenture trustess to enhance their disclosures for listed debt securities to protect investor interest?
A
Government
B
RBI
C
SEBI
D
None of the above
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the interest rate for the Rabi Food & Oilseeds crops in Pradhan Mantri Fasal Bima Yojana (PMFBY)?
A
2.00%
B
1.5%
C
5.00%
D
3.50%
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
India has signed a loan deal worth \$ 200 million with the World Bank for a National Mission. Name that mission.
A
Mid-Day Meal Scheme
B
Khana Khajana Abjiyan
C
GOBAR Dhan Scheme
D
POSHAN Abhiyaan
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
How many types of primary agricultural credit societies are there in our country?
A
Large-size societies which include Rural Banks, Agricultural Banks and credit unions
B
Service co-operative
C
Other small size societies
D
None of the above
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In Banking terminology, NPA means [Corporation Bank 2011]
A
No-Promise Account
B
Non-Personal Account
C
Non-Performing Asset
D
Net Performing Asset
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Who has appointed as whole-time director and chief operating officer (COO) of ICICI Bank recently?
A
B Sriram
B
Sandeep Bakhshi
C
Arjit Basu
D
Inder Jit Singh
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Union Cabinet had recently approved a proposal that government will bear the MDR charges on transactions up to Rs 2, 000 made through debit cards, BHIM UPI or Aadhaar-enabled payment systems to promote digital transactions. What is the meaning of MDR?
A
Merchant Discount Rate
B
Marginal Discount Rate
C
Merchant Division Rate
D
Merchant Discount Ratio
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