banking gk Practice Question and Answer

Q:

If a cheque is presented for payment after six months from the date of the cheque it is called ______

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  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Order Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Stale Cheque
    Correct
    Wrong
  • 5
    Mutilated Cheque
    Correct
    Wrong
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Answer : 4. "Stale Cheque"

Q:

For how many months is a cheque valid from the date of issue?

903 0

  • 1
    3 months
    Correct
    Wrong
  • 2
    6 months
    Correct
    Wrong
  • 3
    1 month
    Correct
    Wrong
  • 4
    2 months
    Correct
    Wrong
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Answer : 1. "3 months "

Q:

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

901 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)"

Q:

A reverse mortgage is a special kind of home loan for

898 0

  • 1
    Government Employees without any security
    Correct
    Wrong
  • 2
    Senior Citizens
    Correct
    Wrong
  • 3
    Beneficiaries under Below Poverty Line Criteria
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 2. "Senior Citizens"

Q:

Where is the headquarters of Dena Bank?

892 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Vadodara
    Correct
    Wrong
  • 3
    Gurugram
    Correct
    Wrong
  • 4
    Pune
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Mumbai"
Explanation :

Location and Overview: Established in the year 2004, Dena Bank Now Bank Of Baroda (Corporate & Head Office) in Bandra Kurla Complex-bandra East, Mumbai is a top player in the category Nationalised Banks in the Mumbai.

Q:

How much % GST levied on Mobile Phones?

883 0

  • 1
    12%
    Correct
    Wrong
  • 2
    28%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "12%"

Q:

The upper limit per UPI transaction is __________.

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  • 1
    10000
    Correct
    Wrong
  • 2
    20000
    Correct
    Wrong
  • 3
    50000
    Correct
    Wrong
  • 4
    1 lakh
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "1 lakh"

Q:

The process of remitting foreign money to a country is called ______

832 0

  • 1
    Inward Remittance
    Correct
    Wrong
  • 2
    Foreign Remittance
    Correct
    Wrong
  • 3
    Commercial banking
    Correct
    Wrong
  • 4
    Wholesale banking
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Inward Remittance"

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