Banking Awareness Questions
When was the currency system in India converted into decimal system?
(A) 1st April 1949
(B) 1st April 1959
(C) 1st April 1957
(D) 1st April 1969
(E) None of these
Correct Answer : C
If a cheque is presented for payment after six months from the date of the cheque it is called ______
(A) Bearer Cheque
(B) Order Cheque
(C) Open Cheque
(D) Stale Cheque
(E) Mutilated Cheque
Correct Answer : D
The upper limit per UPI transaction is __________.
(A) 10000
(B) 20000
(C) 50000
(D) 1 lakh
(E) None of these
Correct Answer : D
In which year National Electronic Fund Transfer started in India?
(A) 2004
(B) 2002
(C) 2006
(D) 2005
Correct Answer : D
Who has been given the power under the Banking Regulation Act 1949 to grant license to banks?
(A) RBI
(B) State Government
(C) Central Government
(D) All of the above
Correct Answer : A
Which of the following include the primary structure of the Mutual Funds?
(A) Open-end funds
(B) Unit Investment Trusts
(C) Exchange traded Funds
(D) All of the Above
Correct Answer : D
Which of the following bank was fined 60 million rupees by RBI in June 2018?
(A) South Indian Bank
(B) Tamilnad Mercantile Bank Limited
(C) AP State Co-operative Bank
(D) Malleswaram Co-operative Bank Ltd
(E) Bardoli Nagarik Sahakari Bank Ltd
Correct Answer : B
The sales process begins with
(A) customer identification
(B) lead generation
(C) sales presentation
(D) Sales closure
(E) sales meet
Correct Answer : A
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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