Banking Awareness Questions For SBI IBPS and other Exams Part 1
1 As declared by RBI recently the New RS 50 banknote will have ?~~Inset Letter ‘R’
2 Bank Holidays are covered under which Act?~~Negotiable Instrument Act
3 Expand the term ‘CTS’? ~~Cheque Truncation System
4 Expand the Term ANBC?~~Adjusted Net Bank Credit
5 Expand the Term BBPS ?~~Bharat Bill Payment System
6 Expand the term CIRL ? ~~Central Insurance Repository Limited
7 Expand the Term CVPS ?~~ Currency verification and Processing System
8 Expand the Term IRDAI ?~~Insurance regulatory development authority of India
9 Expand the term SWF ? ~~Sovereign Wealth Fund
10 Expnd the term IGMS ?~~Integrated Grievance Management System
11 Forward Markets commission established in which year?~~1953
12 If an Insurance Policy holder is not satisfied with the award of the Insurance Ombudsman, he or she can approach to ?~~Courts of law or consumer forums
13 RBI declaved it has withdrawn the instruction of compensation to banks at how much percent of the national value of counterfeit notes detected?~~25 Percent
14 Small finance Banks must disburse how much percent of their total adjusted net bank credit to priority sector?~~75%
15 Up to what extent, FDI in Insurance sector is allowed by the government of India ?~~49%
16 What is the Cap on loan amount given out by a Non Banking financial company – Micro Finance Institution ?~~Rs 50000
17 What is the minimum tenure of deposits to be taken by NBFCs (Non Banking Financial Companies) ?~~12 Months
18 What reason told by RBI governor recently for not issuing the high denomination currency above Rs 1000 bank note presently?~~Fear of Counterfeiting
19 Which bank accredited by the green climate fund as an implementing entity for climate change related projects in India ?~~NABARD
20 If the RBI wants to block foreign Capital outflow and contain the currency depreciation which would be the most possible action?~~ Increase Interest Rates.
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