Banking Awareness MCQ-116

Banking Aptitude Test IBPS PO mains,LIC ADO,SBI Clerks,Bank Exams

Which of the following is included in bancassurance?

[A] Insurance policies issued by the banks in their names
[B] Selling by a bank the insurance policies of its ancillary insurance company
[C] Selling by a bank the insurance policies of any insurance company
[D] All the above
[E] None of the above

RBS Bank has been headquartered in

[A] Glasgow, United Kingdom
[B] Edinburgh, United Kingdom
[C] Skye, United Kingdom
[D] Aberdeen, United Kingdom
[E] None of these

Who is the MD and CEO of Syndicate Bank?

[A] Rakesh Sethi
[B] Arun Shrivastava
[C] Melwyn Oswald Rego
[D] Mahesh Kumar Jain
[E] None of these

“Currency Swap” is an instrument to manage

[A] Currency Risk
[B] Interest Rate Risk
[C] Currency and Interest Rate Risk
[D] Cash Flows in different currencies
[E] All of the above

Banks do not provide which of the following services?

[A] Issuing Bank Drafts
[B] Deposting Money
[C] Sale of post cards and postal stamps
[D] Lockers for valuable items/ documents
[E] None of these

In 2014, Competition Commission of India probed the merger between regional rural banks sponsored by Punjab National Bank and

[A] Andhra Bank
[B] Union Bank of India
[C] State Bank of India
[D] Syndicate Bank
[E] None of these

According to a report, India replaced China as top destination for foreign direct investment in 2015 by attracting how much worth of FDI projects?

[A] $57 billion
[B] $68 billion
[C] $53 billion
[D] $63 billion
[E] $50 billion

The safest form of Crossed Cheque is

[A] Double Crossing
[B] General Crossing
[C] Special Crossing
[D] Account payee crossing
[E] None of the Above

Interest payable on savings bank accounts is?

[A] De-regulated by RBI
[B] Regulated by State Governments
[C] Regulated by Central Govt
[D] Regulated by RBI
[E] Regulated by Finance Minister

Tagline of Punjab and Sindh Bank is

[A] The name you can bank upon
[B] where service is a way of life
[C] Relationships beyond Banking
[D] One Family One Bank
[E] None of these

The soon to be set up proposed Micro Units Development Refinance Agency (Mudra) Bank will be first set up as a subsidiary of the

[C] EXIM bank
[E] Other than those given as options

Which of the following bank has launched ‘mVisa’ – a mobile-based payments solution?

[A] HSBC Bank
[B] ICICI Bank
[D] Canara Bank
[E] Yes Bank

Land Development Banks provide long-term credit for schemes of basic importance to agriculture as

[A] mechanization of agriculture i.e., loans for purposes of tractors, power tillers, threshers etc
[B] land reclamation, soil conservation, plantation of fruit orchards, dairy development schemes etc. involving heavy expenditure
[C] minor irrigation purposes like wells, dug-cum-bore wells, tube wells, pump sets and irrigation tanks
[D] Only (1) and (2)
[E] All of the above

Which of the following committees has given its recommendations on ‘Financial Inclusion’?

[A] Rakesh Mohan Committee
[B] Rangrajan Committee
[C] Sinha committee
[D] Kelkar Committee
[E] None of these

Which of the following cannot be called as a Debt Instrument as referred in financial transactions?

[A] Certificate of Deposits
[B] Bonds
[C] Stocks
[D] Commercial Papers
[E] None of these