banking gk Practice Question and Answer

Q:

Credit Cards are a convenient substitute for which of the following?

7093 0

  • 1
    Cash
    Correct
    Wrong
  • 2
    Cheque
    Correct
    Wrong
  • 3
    Both 1 and 2
    Correct
    Wrong
  • 4
    None of The Above
    Correct
    Wrong
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Answer : 3. "Both 1 and 2 "

Q:

Corporate loans are offered to applicants who have established their business for how many years in India? 

1054 0

  • 1
    5
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
  • 3
    2
    Correct
    Wrong
  • 4
    7
    Correct
    Wrong
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Answer : 1. "5"

Q:

What Street Name is used to refer to the RBI? 

4821 0

  • 1
    Reserve Street
    Correct
    Wrong
  • 2
    Credit Street
    Correct
    Wrong
  • 3
    Mint Street
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Mint Street "

Q:

The term ATM stands for which of the following? 

1127 0

  • 1
    Automatic teller machine
    Correct
    Wrong
  • 2
    Automated teller mechanism
    Correct
    Wrong
  • 3
    Automated teller machine
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 1. "Automatic teller machine "

Q: Nagaland was created as a separate state in the year? 1858 0

  • 1
    1960
    Correct
    Wrong
  • 2
    1961
    Correct
    Wrong
  • 3
    1962
    Correct
    Wrong
  • 4
    1963
    Correct
    Wrong
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Answer : 4. "1963"

Q:

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

914 0

  • 1
    10% of the Principal
    Correct
    Wrong
  • 2
    5% of the Principal
    Correct
    Wrong
  • 3
    1-2% of the Principal
    Correct
    Wrong
  • 4
    7% of the Principal
    Correct
    Wrong
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Answer : 3. "1-2% of the Principal "

Q:

Which of the following acts regulates the underwriting process in India? 

1593 0

  • 1
    RBI Act 1934
    Correct
    Wrong
  • 2
    Securities and Exchanges Board of India (Underwriters) Regulations, 1993.
    Correct
    Wrong
  • 3
    Securities and Exchanges Board of India (Underwriters) Regulations, 2006.
    Correct
    Wrong
  • 4
    Both (B) and (C)
    Correct
    Wrong
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Answer : 4. "Both (B) and (C)"

Q:

What is the upper age limit for Pradhan Mantri Jeevan Jyoti Bima Yojana renewable insurance scheme? 

929 0

  • 1
    55 years
    Correct
    Wrong
  • 2
    60 years
    Correct
    Wrong
  • 3
    65 years
    Correct
    Wrong
  • 4
    50 years
    Correct
    Wrong
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Answer : 4. "50 years"

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