Sunday, 13 December 2015

Banking Awareness Test Questions Set-3


Q.21   As per the notification by Reserve Bank of India (RBI) on 6th Aug’15, in which areas the banks are allowed to shift, merge or close branches without seeking its prior permission?
a. Urban Areas
b. Rural Areas
c. Semi-Rural Areas
d. Semi-Urban Areas


Q.22   On 6th Aug’15 the Lok Sabha adopted the Negotiable Instruments (Amendment) Bill 2015 that enables the _________.
a. Enable Cheque collections on Electronic Mode & Proposed to change the definition of Cheques
b. Proposed to change the definition of Cheques & Lift the penalty over bouncing cheques
c. Lift the penalty over bouncing cheques & Proposed to change the definition of Cheques
d. Increase the penalty over bouncing cheques & Enable Cheque collections on Electronic Mode

Q.23   As announced by EPFO on 6th Aug’15, what amount of money would be invested by EPFO via Exchange Traded Funds (ETF)?
a. 200 Crore
b. 980 Crore
c. 2400 Crore
d. 5000 Crore

Q.24   Which temple in India has opened up a Demat account to accept donations from devotees in the form of shares and securities?
a. Shirdi Sai Temple
b. Tryambkeshwar Temple
c. Vaisho Devi Temple
d. Tirumala Venkateswara Temple

Q.25   Name the person elected as the new Chairman of the Life Insurance Council on 1st Aug’15?
a. K N Rai
b. S K Roy
c. Sushil Kumar
d. Rajesh Vadhera

Q.26   Name the mobile banking app of Kotak Mahindra Bank (KMB) launched primarily for “un-banked” regions?
a. Kotak Bharat
b. Bharat
c. Kotak India
d. IndianKotak

Q.27   What amount of capital would be infused in Public Sector banks by Indian Government over a period of four years to improve capital ratio and fight with rising bad loans?
a. 70,000 Crore
b. 1 Lakh Crore
c. 2 lakh Crore
d. 500 Crore

Q.28   What is the name of the project that is an ambitious project of the Union Finance Ministry to bring into net black money hoarders and tax evaders by using optimum technology?
a. Project Insight
b. Project Black Money
c. Project Money Laundering
d. Project Monitoring

Take also: Banking Awareness Test Questions Set-1

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