Banking Quiz Quiz

Banking Quiz for IBPS | RBI – 165

Banking Quiz

1. MD and CEO of Canara Bank is _______________
a) P S Jayakumar
b) Kishore Piraji Kharat
c) Rakesh Sharma
d) Usha Ananthasubramanian

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2. The Rate at which the domestic currency can be converted into foreign currency and vice versa is called as_______
a) Inter Bank Money Rate
b) LIBOR
c) Repo Rate
d) Exchange rate

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3. In 1980, how many banks were nationalized?
a) 8
b) 6
c) 14
d) 10

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4. What is the prescribed upper limit transaction through RTGS?
a) No Limit
b) Rs. 10 lakh
c) Rs. 25 lakh
d) Rs. 50 lakh

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5. Distribution of insurance products and insurance policies by banks as corporate agents is called as_____________
a) Banking Insurance
b) Bancassurance
c) Insurance Banking
d) None of these

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6. Among the following who is the largest share holder of a nationalized bank?
a) State Government
b) Reserve Bank of India
c) Ministry of Finance
d) Government of India

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7. Which is the first Indian Bank which was fully owned by Indians?
a) Central Bank of India
b) State Bank of India
c) Reserve Bank of India
d) Indian Bank

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8. Fixed deposits and recurring deposits are_______________
a) Repayable after 3 months
b) Repayable after 1 year
c) Repayable after an agreed period
d) Repayable on demand

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9. Which of the following category of advance accounts in NOT an NPA?
a) Substandard Account
b) Loss Account
c) Standard Account
d) None of these

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10. Among the following which is NOT a source of funds of a commercial bank?
a) Deposits
b) Call money borrowings
c) Loans
d) Borrowing from RBI

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