Banking Awareness Quiz - 5

Descrição

IBPS Banking Awareness Quiz sobre Banking Awareness Quiz - 5, criado por SIVA KUMAR Y V em 17-08-2017.
SIVA KUMAR Y V
Quiz por SIVA KUMAR Y V , atualizado more than 1 year ago
SIVA KUMAR Y V
Criado por SIVA KUMAR Y V quase 7 anos atrás
5
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Resumo de Recurso

Questão 1

Questão
Which of the following is CORRECT statement?
Responda
  • Interest is paid on current accounts at the same rate as term deposit accounts
  • The rate of interest on current account and savings account are the same
  • No interest is paid on current & saving deposits by the bank
  • Normally no interest is paid on current account deposits
  • Savings deposits are the same as current deposits

Questão 2

Questão
Banks in India normally offers additional interest rate is allowed on retail domestic term deposits of _________
Responda
  • Minors
  • Students
  • Senior Citizens
  • Persons with disability
  • Agricultural Labour

Questão 3

Questão
The “Banking Ombudsman” may award compensation not exceeding ₹ __________ to the complainant only in the case of complaints relating to credit card operations.
Responda
  • ₹ 50,000
  • ₹ 1 lakh
  • ₹ 2 lakh
  • ₹ 3 lakh
  • ₹ 5 lakh

Questão 4

Questão
A banking service provided by a group of networked bank branches where customer may access his/her bank account & perform basic banking transactions from any of the member branch offices is called as __________
Responda
  • Premier Banking
  • Core Banking
  • Mainframe Banking
  • Narrow Banking
  • Para Banking

Questão 5

Questão
When rate of “Inflation” Increases __________
Responda
  • Purchasing power of money increases
  • Purchasing power of money decreases
  • Value of money increases
  • Purchasing power of money remains unaffected
  • Amount of money in circulation decreases

Questão 6

Questão
Distribution of insurance products by Banks as corporate agent is known as ______________
Responda
  • General Insurance
  • Re – Insurance
  • Bancassurance
  • Insurance Banking
  • Deposit Insurance

Questão 7

Questão
Upper Limit Prescribed for RTGS (Real Time Gross Settlement) transaction is ₹ ____________
Responda
  • ₹ 1 Lakh
  • ₹ 2 Lakh
  • ₹ 5 Lakh
  • ₹ 50 Lakh
  • No Upper Limit is prescribed

Questão 8

Questão
“Mortgage” is a ___________
Responda
  • Security on movable property for a loan given by a bank
  • Security on immovable property for a loan given by a bank
  • Concession on immovable property for a loan given by a bank
  • Facility on immovable property for a loan given by a bank
  • Security on immovable property for a deposit received by a bank

Questão 9

Questão
All commercial banks are required to provide ______% of their Adjusted Net Bank Credit to Priority Sectors.
Responda
  • 15%
  • 18%
  • 25%
  • 30%
  • 40%

Questão 10

Questão
“Fixed Deposits” and “Recurrent Deposits” are also called as ______________
Responda
  • Demand Deposits
  • Flexible Deposits
  • Lump Sum Deposits
  • Term Deposits
  • Persistent Deposits

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