Banking Awareness MCQs Part 30

Banking Awareness MCQs Part 30

 

1. As per the RBI's notification, the bank should have to reverse failed transactions within a maximum of ________ days of failed transactions.
1) T + 3
2) T + 4
3) T + 2
4) T + 7
5) T + 5
correct option : 5

2. Recently, Bank of Baroda launched Centralised Processing hubs at ________ for farmers.
1) Bengaluru
2) Chennai
3) Hyderabad
4) Mumbai
5) Vadodara
correct option : 3

3. _______ is a negotiable financial instrument issued by a bank to represent a foreign company’s publicly traded securities.
1) Promissory notes
2) Depositary Receipt
3) Bills of Exchange
4) Participatory Notes
5) Certificates of Deposit
correct option : 2

4. Mumbai is the Headquarters of which of the following Banks?
1) Federal Bank
2) Syndicate Bank
3) RBL Bank
4) Punjab National Bank
5) Oriental Bank of Commerce
correct option : 3

5. The applications of SFB were analyzed and evaluated by an External Advisory Committee. The EAC for Small Finance Banks was chaired by ____________
1) Nachiket Mor
2) Usha Thorat
3) Balachandran
4) Deepak Pathak
5) Sriram
correct option : 2

6. A SWIFT code is an international bank code that identifies particular banks worldwide. In Swift Code, 5 th & 6 th digits denote-
1) Country Code
2) Bank Code
3) Location Code
4) Branch Code
5) City code
correct option : 1

7. The Insurance Ombudsman shall pass an award within a period of _____ months from the receipt of the complaint.
1) 12
2) 3
3) 2
4) 9
5) 6
correct option : 2

8. RBI ,recently approved reappointment of Shyam Srinivasan as CEO of_________.
1) Lakshmi Vilas Bank
2) RBL Bank
3) Yes Bank
4) Federal Bank
5) ICICI Bank
correct option : 4

9. _________ is set to invest in 6 projects with 1.09 billion U.S.D in countries of the Association of Southeast Asian Nations (ASEAN).
1) ADB
2) NDB
3) IMF
4) AIIB
5) None of these
correct option : 4

10. Which of the following committees recommended to allowing private sector companies to promote insurance in the country?
1) Raghavan Committee
2) R N Malhotra Committee
3) P R Khanna Committee
4) D R Mehta Committee
5) J Reddy Committee
correct option : 2