BANKING QUIZ -34 FOR IBPS-PO &CLERK EXAM
1. As per the newspaper
reports the RBI is planning to introduce “Plastic Currency Notes’. What is/are
the benefits of ‘Plastic Notes’?
I. Their Shelf life will be
longer.
II. It will replace plastic money
or credit, debit cards which are giving birth to many fraudulent practices.
III. Printing will be cheaper.
(a)
Only I
(b)
Only II
(c)
Only III
(d)
All of the above
2. ‘Sub Prime Lending’
is a term applied to the loans made to?
(a)
Those who have a good credit history and are known to bank since 10 years
(b)
Those who wish to take loan against the mortgage of tangible assets
(c)
Those borrowers who do not have a good credit history
(d)
None of the above
3. What is the
indivisual’s maximum limit of fund transfer of RBI-EFT?
a.
10 lakh
b.
30lakh
c.
90 lakh
d.
No Limit
4. Who can fix the
interest rates on NRE and FCNR (B) deposits?
a. Board of Directors of banks
b. Asset-Liability Management Committee
c. Governor of RBI
d. Both (a) & (b)
5. Name the scheme through
which transferring of personal remittances from abroad to beneficiaries in
India?
a.
MTSS
b.
ATTS
c.
MMSS
d.
ATMS
e.
Both (a) & (b)
6. What is the limit of
foreign exchange for an indivisual for going abroad on employment basis?
a.
USD 250000
b.
USD 215000
c.
USD 205000
d.
USD 200000
7. Name the website
which is launched by RBI to curb Illegal Collection of Deposits?
a.
Janhit
b.
Viswas
c.
Sachet
d.
None of the above
8. Who issues Sovereign Gold Bond scheme?
a. Finance Minister of India
b. RBI
c. SEBI
d. Public sector banks
9. Under Indo-Nepal Remittance Facility Scheme,
what is the maximum limit of fund transfer through NEFT enabled bank from India
to Nepal?
a. Rs 50000
b. Rs 65000
c. Rs 52000
d. Rs 60000
10. What is the mandate for banks for issuing Magnetic stripe cards
or Chip-based cards?
a. Mag-strip and CVV number
b. EVM Chip and pin enabled
c. EVM chip and finger prints
d. Mag-strip and finger prints
e. None of the above
ANSWER KEY
1.A,2.C,3.D,4.D,5.A,6.C,7.C,8.B,9.A,10.C
