Banking Questions for South Indian Bank [TEST-5]

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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]
Consider the following statements in regard to 'marginal standing facility (MSF)' of RBI:
  1. It will help in reducing volatility in the overnight lending rates in the interbank market.
  2. The borrowing under the MSF should be over and above the statutory liquidity requirement.
  3. It will not help in reducing lending rates.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
only 3
Aptitude Questions answers
Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is not a function of General Insurance?
A
Cattle Insurance
B
Crop Insurance
C
Fire Insurance
D
Medical Insurance
GK (GENERAL KNOWLEDGE) Questions answers
Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Bank rate refers to the.....
A
Interest rate at which Commercial Banks accept deposits from the public.
B
Rate at which Central Bank rediscounts bills of exchange of Commercial Banks.
C
Prime Lending Rate of Commercial Banks
D
Interest rate at which Commercial Banks lend to the customers
Aptitude Questions answers
Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Narasimham Committee, 1991 has given which of the following major recommendations?
  1. Reduction in the SLR and CRR.
  2. Phasing out Directed Credit Programme.
  3. The determination of the interest rate should be on the grounds of market forces such as the demand for and the supply of fund.
  4. The actual numbers of public sector banks need to be reduced.
  5. Narrow banking concept where weak banks will be allowed to place their funds only in short-term and risk free as.
Select the correct answer using the codes given below:
A
1, 2 and 5
B
1, 3, 4 and 5
C
1, 2, 3 and 5
D
1, 2, 3 and 4
English grammar Questions answers
Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
..... do not attract TDS
A
Recurring deposits
B
Fixed deposits
C
Reinvestment deposits
D
NRO FDR
Aptitude test Questions answers
Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which market involves transactions in which one party sells a financial asset to another party and agrees to repurchase an equivalent value of financial assets?
A
Sterling certificates of deposit market
B
Secondary market
C
Primary market
D
Gilt repo market
Biology Questions answers
Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which department of the RBI offers the facility of opening deposit accounts to other banks?
A
DBR
B
DAD
C
DBS
D
None of the above
Civics Test Questions answers
Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Economic Survey is compiled by the
A
Ministry of Home Affairs
B
Ministry of Finance
C
Ministry of Rural Development
D
Central Board of Direct Taxes
Aptitude test Questions answers
Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which public sector bank has the tagline "Your Tech-friendly bank"?
A
Dena bank
B
Bank of Baroda
C
Indian bank
D
United Bank
English grammar Questions answers
Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Commercial bills market is a part of-
A
organised money market
B
unorganised money market
C
stock market
D
capital market
Civics Test Questions answers
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