Banking Awareness MCQs Part 22

Banking Awareness MCQs Part 22

 

1. As per recent notification by NPCI ,MDR has been revised to 0.30% with a maximum cap of ?100 per transaction. 'D' in MDR stands for__________.
1) Digital
2) Discount
3) Discreet
4) Developed
5) Department
correct option : 2

2. RBI has extended deadline for PPIs to become full KYC complaint, from ________months to________ months.
1) 12, 16
2) 9, 12
3) 18, 24
4) 24,30
5) 36, 48
correct option : 3

3.Which bank recently tied up with TATA AIG insurance for diverse range of general insurance policies benefiting the bank’s customers?
1) South Indian Bank
2) Federal Bank
3) Corporation Bank
4) Indian Bank
5) Indian Overseas Bank
correct option : 4

4. Samsung India tied up with Mastercard and which other bank in India for mobile payments?
1) Bank of India
2) ICICI Bank
3) RBL Bank
4) Bank of Baroda
5) Allahabad Bank
correct option : 3

5. Which of the following bank says to you, “Apno ka Bank”?
1) Federal Bank
2) Allahabad Bank
3) Punjab National Bank
4) IDFC Capital First
5) RBL Bank
correct option : 5

6. In which of the following payment system(s) is the user required to provide Indian Financial System Code (IFSC) during transactions?
1) Real Time Gross Settlement
2) National Electronic Funds Transfer
3) Credit card and Debit card transactions
4) Both A & B
5) All of the above
correct option : 4

7. ___________ is long-term unemployment caused by the decline of certain industries and changes in the production process.
1) Frictional unemployment
2) Cyclical unemployment
3) Structural unemployment
4) Seasonal unemployment
5) Disguised unemployment
correct option : 3

8. Which of the following can act as Issuing and Paying Agent for the issuance of Commercial Paper?
1) Corporates
2) Foreign Institutions
3) Scheduled Bank
4) Non-Scheduled Bank
5) All the above
correct option : 3

9.Which of the following entities recently announced the establishment of the first global green bond fund?
1) IMF, Deutsche Asset Management
2) ADB, BNP Paribas Investment Partners
3) None of these
4) NDB, New York Life Investment Management
5) IFC & HSBC Global Asset Management
correct option : 5

10. CMO is a generic term for a security backed by real estate mortgages. ‘O’ in CMO stands for____________.
1) Offerings
2) Obligation
3) Overseas
4) Ombudsman
5) Ownership
correct option : 2