Banking awareness questions
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Question 1 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As reported in some newspapers/ magazines, some banks have decided to install Biometric ATMs so that fraudulent withdrawals can be prevented. Biometric ATMs will be able to do so as it also checks
- signatures of the card holders.
- fingerprints of the card holders.
- skin colour of the card holders.
Both (2) & (3)
Question 2 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Economic Survey 2017-18, which states has the greatest number of GST registrants?
Maharashtra, Madhya Pradesh, Tamil Nadu and Gujarat
Telangana, Uttar Pradesh, Tamil Nadu and Gujarat
Maharashtra, Uttar Pradesh, West Bengal and Gujarat
Maharashtra, Uttar Pradesh, Tamil Nadu and Gujarat
Question 3 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The base year method of calculating real GDP compared
quantities produced in different years using prices from a year chosen as a reference period
quantities produced in different years with the prices that prevailed during the year in which the output was produced
the quantities of goods produced in consecutive years using prices in both years and averaging the percentage changes in the value of output
prices at different points in time using a sample of goods that is representative of goods purchased by households
Question 4 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With effect from March 31, 2005, an asset would be classified as..... if it has remained in the sub-standard category for a period of 12 months.
Question 5 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Nippon Life Insurance has signed definitive agreements to invest Rs 2, 265 crore (US \$ 332.32 million) in order to increase its stake in Reliance Life Insurance from 26 percent to 49 percent. Nippon Life Insurance based in-
Question 6 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as Independent Director on the Board of Indiabulls Housing Finance Ltd (IBHFL) for a period of three years?
Mahesh Y Reddy
Question 7 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If minimum Rs.....is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/-per year with minimum amount required for deposit for that year in Sukanya Samriddhi Accounts?
Question 8 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
..... is similar to a credit card, but unlike a credit card, the money comes directly from the user's bank account when performing a transaction.
All of the above
Question 9 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the purpose of introducing "Know Your Customer" norms by the banks?
Identifying people who do not pay Income Tax
To bring more and more people under the banking net
To ensure that the money deposited in banks has come from genuine sources
All of the Above
Question 10 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Smart card can be
an embedded circuit with micro processor chip embedded in it so that it could perform calculations maintain records and act as electronic pursue.
built in facility for protection against fraudulent operations
can either be rechargeable or exchangeable
All of the above
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There are 10 questions to complete.