Banking Questions for IBPS RRB (CWE RRB) [TEST-3]

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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 among the following accounts deposit fetch the highest rate of interest?
A
Savings deposit
B
Recurring deposit
C
Fixed deposit
D
Current account deposit
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which sectors of Indian Economy contributes largest to the gross national product?
A
Primary sector
B
Secondary sector
C
Tertiary sector
D
Public sector
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The premium is..... per annum which is to be auto-debited in one installment from the subscriber's bank account as per the option given by him on or before 31st May of each annual coverage period under the PMJJBY scheme.
A
Rs. 365 per annum
B
Rs. 110 per annum
C
Rs. 12 per annum
D
Rs. 330 per annum
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Customer is required to tear off the seal and convey the confidential..... IMO number to the receiver over phone, SMS, e-mail, etc. at his means and risk.
A
18 digits
B
20 digits
C
24 digits
D
16 digits
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following organisations/ banks has done a commendable work in the field of micro-finance and was awarded Nobel Prize also in the past?
A
Gramin Bank of Bangladesh
B
CRY
C
ASHA
D
NABARD
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In India, it is necessary to have license from the RBI for opening a new branch. This is a requirement under..... Act
A
Section 22 of banking Regulation Act
B
Section 22 of RBI Act
C
Section 22 of NABARD
D
KYC Guidelines by RBI
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of these kinds of deposits can be offered by Banking Correspondents?
A
Small Savings Accounts
B
Fixed Deposits
C
Recurring Deposits
D
All of the above
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
According to the data released by Central Statistics Office (CSO), IIP has grew at 6.6% in July on the back of good performance by the manufacturing sector and higher offtake of capital goods and consumer durables. What is the full form of IIP?
A
Index of Industrial Power
B
Index of Industrial Production
C
Index of Industrial Purchasing
D
Index of Industrial Particular
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
On which one of the following issues has IMF supported monetary policy of India?
A
Introduction of GST
B
Stimulus for agriculture sector
C
Concessions for foreign investment
D
Tightening of monetary policy
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The usual deposit accounts of banks are
A
Current Accounts, Insurance Premium Account and Electricity accounts
B
Current Accounts, Post office Savings account and Term deposit accounts
C
Loan Accounts, Term Deposit accounts and Savings Account
D
Term Deposit accounts, Current Accounts and Savings Account
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