Banking Questions for IDBI PO [TEST-5]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... a/an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
A
Insurance
B
Banking
C
Market Risk
D
Premium
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not an objective of IMPS?
A
To facilitate mobile payment systems already introduced in India with the Reserve Bank of India Mobile Payment Guidelines 2008 to be inter-operable across banks and mobile operators in a safe and secured manner
B
Making payment simpler just without the mobile number of the beneficiary
C
To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds
D
To build the foundation for a full range of mobile based Banking services
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The RBI has triggered PCA against Corporation Bank in view of high non-performing loans and requirement to raise capital recently. PCA stands for-
A
Prompt Corrective Area
B
Prompt Corrective Action
C
Prompt Concern Action
D
Prompt Common Action
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Bharat QR Code, the latest initiative to boost digital transactions, will make use of QR codes system for payments across merchant outlets. Bharat QR was launched with much fanfare by-
A
NPCI
B
FICCI
C
RBI
D
SEBI
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
In order to streamline the functioning of MFI sector the RBI has appointed a committee. The committee was headed by.....
A
Dr. Y.V. Reddy
B
Shri M.V. Nair
C
Sri Y.H. Malegam
D
Dr. D. Subbarao
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Economist Intelligence Unit (EIU) released the Global Liveability Index 2018, the ranking of 140 global cities based on their living conditions recently. Which of the following city is tops in this Index?
A
New York
B
Osaka
C
Melbourne
D
Vienna
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
What is the full form of OSMOS?
A
On Site Surveillance and Monitoring System
B
Off Site Surveillance and Monitoring System
C
Over-Simplified Method of Surveillance
D
On Site Migration of System
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under the guidelines issued on 2 Dec 2011, an NBFC-MFI should have minimum net owned funds of how much amount?
A
Rs. 3 crore
B
Rs. 4 crore
C
Rs. 5 crore
D
Rs. 6 crore
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Bank Pasargad, also known as BPI, is a major..... private bank offering retail, commercial and investment banking services.
A
Chinese
B
Australian
C
Spainish
D
Iranian
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which committee proposed to raise the compulsory insurance of bank deposits up to 5 Lakhs?
A
Aravind Mayaram
B
Usha Thorat
C
Damodaran
D
Syamala Gopinath
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