Banking Awareness MCQs Part 17

Banking Awareness MCQs Part 17

 

1.Which of the following Committee recommended for setting up of National Bank for Agriculture and Rural Development?

1) B Sivaraman

2) Narasimhan II

3) Vinod Singh Shekhawat

4) S Nagalingam

5) Balwant Rai Mehta

2.Which of the following is the rate charged by the central bank for lending funds to a commercial bank?

1) Term rate

2) Bank rate

3) Note rate

4) Supply rate

5) Commercial rate

3. RBI launched an ombudsman scheme for digital payment under _________ section of the Payment and Settlement Systems Act, 2007.

1) Section 18

2) Section 23

3) Section 42

4) Section 14

5) Section 7

4. FRA is a contract between parties that determines the rate of interest to be paid. In FRA, ‘F’ denotes ______.

1) Financial

2) Foreign

3) Fiscal

4) Forward

5) Facility

5. What is the motif of ? 20 notes?

1) Hill Forts of Rajasthan

2) Red Fort

3) Ellora Cave

4) Bodh Gaya

5) Ajanta Cave

6. APA gives certainty to taxpayers, reduce disputes and enhances tax revenues. What does ‘P’ denote in ‘APA’?

1) Personal

2) Pricing

3) Payment

4) Public

5) Preference

7. ‘Where Service is a way of Life’ is the tagline of which of the following banks?

1) Corporation Bank

2) UCO Bank

3) Union Bank of India

4) Punjab & Sind Bank

5) Punjab National Bank

8. Small Industries Development Bank of India is headquartered in _____.

1) Hyderabad

2) Lucknow

3) Mumbai

4) Pune

5) New Delhi

9. SBI Life Insurance and ______ have inked a bancassurance pact to offer holistic financial planning solutions.

1) Indian Overseas Bank

2) Corporation Bank

3) Andhra Bank

4) Indian Bank

5) Karur Vysysa Bank

10. RBI has announced the plans for round-the-clock availability of ______ system from December 2019.

1) RTGS

2) NEFT

3) SWIFT

4) CTS

5) None of the above