Banking Questions for SBI Clerk [TEST-8]

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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]
"Your Faithful And Friendly Financial Partner" is tagline of which Bank?
A
Indian Overseas Bank
B
Punjab National Bank
C
Syndicate Bank
D
Union Bank of India
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Interest below which a bank is not expected to lend to customers is known as .
A
Deposit Rate
B
Base Rate
C
Prime Lending Rate
D
Bank Rate
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
ECS stand for-
A
External Commercial System
B
Electronic Clearing System
C
Electronic Commercial System
D
Electronic Clearing Service
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following apex body and regulator has asked banks to swap customer-related information so that the frauds and defaults may be prevented in future?
A
Bombay Stock Exchange (BSE)
B
Indian Banks, Association (IBA)
C
Securities and Exchange Board of India (SEBI)
D
Reserve Bank of India (RBI)
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which nationalised bank was merged with Punjab National bank in 1993?
A
Punjab and Sind Bank
B
Ludhiana Area bank
C
Majha united bank
D
New Bank of India
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD..... per Financial Year for any permitted current or capital account transaction or a combination of both.
A
USD 3, 00, 000
B
USD 3, 50, 000
C
USD 2, 00, 000
D
USD 2, 50, 000
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
An indicator currently used by United nations development programme (UNDP) for measure ment of the quality of people's life is known as-
A
Human development Index
B
Average expectancy of life
C
Per capita income
D
Standard of living index
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
According to the latest available data what was India's economic growth in 2013-14?
A
4.50%
B
4.70%
C
5.50%
D
0.057
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following best define the term Relationship discount?
A
It is given to the couple applying for personal loans.
B
It is an additional benefit by banks.
C
It is given to a prospective applicant if they have a pre-existing relationship with the lender.
D
Both b and c
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following institution is meant for small and medium enterprises?
A
RBI
B
SIDBI
C
IFCI
D
NABARD
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