Banking Awareness Quiz For Ibps Banking Concern Exams 2015 – Laid Upward 65

  1. With reference to Indian Banking Sector, which of the next is the virtually appropriate expanded shape of EMI ?
    1. Estimated Monthly Installment  
    2. Extended Matching Items 
    3. Equated Monthly Installment 
    4. Enterprise Manufacturing Intelligence 
    5. Easy Monthly Installment 
  2. Which of the next safeguards should hold out ensured past times banks earlier issuing Letters of Credit ?
    1. LCs are issued inward safety forms only
    2. Large LCs are non issued for amounts out of proportion to the borrower’s genuine requirements 
    3. Large LCs are issued nether a unmarried authorized signature 
    4. Both 1 together with 2
    5. All of these 
  3. What is the term for a banking venture without whatever branch network that offers its services remotely ?
    1. Virtual Bank 
    2. Direct Bank 
    3. Lending Institution 
    4. Indirect Bank 
    5. Online Bank 
  4. The Reserve Bank of Bharat made it mandatory for banks to lend at to the lowest degree 40% of their credit to lead sectors such equally Agriculture, Micro together with Small Enterprises, other weaker sections, etc. Which banks accept to lend at to the lowest degree 40% of their full cyberspace credit to priority sectors ?
    1. Scheduled Commercial Banks 
    2. Foreign Banks 
    3. NABARD 
    4. IRDA 
    5. All of these 
  5. When criminals purpose an innocent person’s details to opened upwardly or purpose an line concern human relationship to deport out fiscal transactions, it is known equally _________
    1. Money Laundering 
    2. Phishing
    3. Identity Theft
    4. Insinuation
    5. Real Time Gross Settlement 
  6. The Aadhar Enabled Payment System (AEPS) is a bank-led model that facilitates banking facilities past times allowing transactions at Point of Sale through the line concern correspondent (BC) using the Aadhar authentication number. Aadhar enabled basic types of banking transactions do non include __________
    1. Balance enquiry 
    2. Cash withdrawal
    3. Online payment 
    4. Cash deposit 
    5. Aadhar to Aadhar funds transfer 
  7. BCSBI aims to plan, evolve, prepare, develop, promote together with issue comprehensive codes together with standards for banks, for providing for fair handling to their customers. Which of the next codes has been evolved past times it ?
    1. Code of Banks Commitment to Customers 
    2. Code of Banks Commitment to Micro together with Small Enterprises
    3. Code of Banks Commitment to Financial Inclusion 
    4. Both 1 together with 2
    5. Both 2 together with 3
  8. NABARD is responsible for regulating together with supervising 
    1. Securities marketplace inward India
    2. Cooperatives 
    3. Regional Rural Banks 
    4. Bank rates of scheduled commercial banks inward India 
    5. Only 2 together with 3
  9. Which of the next is a receipt, declaring ownership of shares of a unusual company, which tin hold out listed inward Bharat together with traded inward rupees ?
    1. ADR
    2. GDR
    3. IDR
    4. EDR
    5. None of these 
  10. Micro credit concentrates on ____________
    1. Small loans 
    2. WOmen
    3. Rural Areas 
    4. Poor people 
    5. All of these 
  11. Equity portion is equally good known equally ________
    1. Shareholder equity 
    2. Share Capital 
    3. Stockholder equity 
    4. Net worth 
    5. All of the above 
  12. In gild to promote no frills accounts equally business office of basic banking, the Reserve Bank of Bharat (RBI) , inward August 2012, advised banks to rechristen it equally ______
    1. Basic Saving Account 
    2. Basic Deposit Account 
    3. Basic Account 
    4. Basic Savings Bank Deposit Account 
    5. None of these 
  13. The procedure past times which LIC holder tin transfer all rights, championship together with involvement nether a policy a contract to whatever 3rd someone is known equally _____
    1. Subrogation
    2. Escrow 
    3. Mortagge
    4. Assignment 
    5. Nomination 
  14. CASA ratio of banking venture betoken the ______
    1. Bank deposits 
    2. Banks base of operations rate 
    3. Banks liabilities 
    4. Banks full assets 
    5. Banks Non-Performing Assets 
  15. Which of the next is an objective of Asset Liability Management ?
    1. Management of construction of remainder sheet
    2. Measuring, monitoring together with managing the marketplace adventure of a bank 
    3. Funding together with working capital missive of the alphabet planning together with turn a profit planning 
    4. Both 1 together with 2
    5. All of these 
  16. The RBI has issued a guideline amongst abide by to no accuse on saving banking venture line concern human relationship on speed clearing of cheques of _________
    1. Rs. 10,000
    2. Rs 25,000
    3. Rs. 45, 000
    4. Rs. 99,999
    5. Rs. 1,00,000
  17. Derivatives Contract which gives the buyer / holder of the contract the correct (but non the obligation) to purchase / sell the underlying property at a predetermined toll inside or at halt of a specified catamenia is known equally ______
    1. Futures Contract
    2. Option Contract 
    3. Index Futures Contract
    4. Mini Derivative Contract 
    5. None of these 
  18. Banks inward our province commonly publicize that additional involvement charge per unit of measurement is allowed on retail domestic term deposits of ______
    1. Minors
    2. Married women 
    3. Senior citizens 
    4. Govt employees 
    5. Rural residents 
  19. Which of the next is known equally cross selling past times banks ?
      • A. Sale of a debit carte to a credit carte holder 
      • B. Sale of Insurance policy to a depositor 
      • C. Issuance of cash against Cheque presented past times a 3rd party
    1. Only A
    2. Only B
    3. Only C
    4. Both A together with C
    5. All A, B together with C
  20. Financial inclusion agency provision of __________
    1. Financial services namely, payments, remittances, savings , loans together with insurance at affordable cost to persons non nevertheless given the same
    2. Ration at affordable cost to persons non nevertheless given the same 
    3. House at affordable cost to persons non nevertheless given the same
    4. Food at an affordable cost to persons non nevertheless given the same 
    5. Education at affordable cost to persons non nevertheless given the same

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