Banking Questions for Canara Bank – IBPS [TEST-7]

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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 of the following is/are the depositories in India handling dematerialized shares?
  1. National payment corporation of India
  2. Central depository services limited
  3. Bombay stock exchange (BSE)
A
Only 1 & 2
B
Only 1
C
Only 2
D
Only 3
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Agriculture Insurance Company of India Limited (AIC) was incorporated in which year?
A
20th December 1999
B
20th December 2007
C
20th December 1992
D
20th December 2002
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In case where the loan is sanctioned by the bank against the borrower submitting the fake/forged documents and thus, playing fraud on the bank, such a loan is to be treated in the bank's books as a..... asset, even when there is recovery in the account as per the repayment schedule approved by the bank at the time of sanctioning the loan.
A
standard
B
sub-standard
C
doubtful
D
loss
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
When was Ombuds Men Scheme first introduced?
A
2006
B
1981
C
1995
D
1998
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
To work as an underwriter in India, a certificate of registration must be obtained from which of the following institutions?
A
SBI
B
RBI
C
SEBI
D
CIBIL
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Reserve Bank of India has imposed a penalty of Rs 5 crore on which of the following banks for non-compliance of its directives?
A
Bandhan Bank
B
Allahabad Bank
C
Karur Vysya Bank
D
Bank of Baroda
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Where is the Head Office of Insurance Information Bureau?
A
Hyderabad
B
Mumbai
C
Bengaluru
D
New Delhi
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following terms is used in the field of Finance and Banking?
A
Gauge pressure
B
Quantum number
C
Adjustment credit
D
Absolute zero
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
FCCB is a type of corporate bond issued by an Indian company in an overseas market in a currency different from that of the issuer. FCCB stands for-
A
Foreign Currency Convertible Board
B
Foreign Currency Convertible Banking
C
Foreign Currency Convertible Bond
D
Foreign Currency Convertible Base
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
An originator in India is allowed to remit a maximum of..... remittances in a year under the Nepal Remittance Scheme.
A
42
B
10
C
24
D
12
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