Banking Awareness Questions and Answers
What is the maximum amount that can be transfer through Immediate Payment Services(IMPS)?
(A) Rs. 1,00,000
(B) Rs. 2,00,000
(C) Rs. 3,00,000
(D) Rs. 4,00,000
(E) Rs. 5,00,000
Correct Answer : B
NEFT (National Electronic Fund Transfer) is applicable to
(A) Account holders
(B) Non-Account holders
(C) DEMAT Account holders
(D) Both (a) and (b)
(E) All of the above
Correct Answer : D
Union Government of India has renamed the Department of Divestment to DIPAM. What is 'A' stand for in DIPAM?
(A) Asset
(B) Account
(C) Audit
(D) Amount
(E) None of these
Correct Answer : A
The savings bank account that does not operate for more than 24 months, then the account is called?
(A) Dormat account
(B) Demat account
(C) Inoperative account
(D) Inactive account
(E) None of these
Correct Answer : A
What is the number of digits in IFSC Code?
(A) 11
(B) 15
(C) 9
(D) 7
(E) 16
Correct Answer : A
Which of the following is not acceptable as address proof for opening a bank account by an individual?
(A) Letter from any recognized public authority
(B) Domicile certificate
(C) A rent agreement indicating the address of the customer duly registered with State Govt.
(D) Other than those gives as options.
Correct Answer : C
The term currency of India refers to:-
(A) one rupee notes and coins
(B) bank notes issued by RBI
(C) both of them
(D) All Above
Correct Answer : A
The first bank to gain license from RBI for internet banking is:-
(A) PNB
(B) SBI
(C) corporation bank
(D) Oriental bank of commerce
Correct Answer : A
According to banking regulation act RBI can fix SLR up to the limit of:-
(A) 40%
(B) 50%
(C) 60%
(D) 75%
Correct Answer : A
Explanation :
RBI has kept 40% as the maximum limit for SLR. SLR is calculated as a percentage of all the deposits held by the bank. Another way to define the SLR meaning is the ratio of a bank's liquid assets to its net demand and time liabilities. (NDTL).
With reference to banking the 15th day of the month is known as :-
(A) banking day
(B) customer's day
(C) complaint day
(D) non banking day
Correct Answer : B
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Gajanand
B-Tech Electronic and Communication Engineering select the SSC CGL Tier-1 and Tier-2 in 2016 and Rajasthan state Govt. Exams Expert in Mathematics , Reasoning Gk and English.
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