banking gk Practice Question and Answer

Q:

The term ATM stands for which of the following? 

1130 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:

In which year National Electronic Fund Transfer started in India? 

923 0

  • 1
    2004
    Correct
    Wrong
  • 2
    2002
    Correct
    Wrong
  • 3
    2006
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 4. "2005"

Q:

When was the currency system in India converted into decimal system?

1625 0

  • 1
    1st April 1949
    Correct
    Wrong
  • 2
    1st April 1959
    Correct
    Wrong
  • 3
    1st April 1957
    Correct
    Wrong
  • 4
    1st April 1969
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "1st April 1957"

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. 

916 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? 

1597 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? 

932 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"

Q:

Which Organisation/Ministry is the Custodian of Foreign Reserves in India?

898 0

  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Foreign Ministry
    Correct
    Wrong
  • 3
    Reserve Bank of India(RBI)
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India(RBI)"

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