Banking Product And Services Questions and Answers Online Test Quiz MCQ Practice for Bank Exams IBPS SBI Clerk PO mains General Awareness (Banking Awareness) .
30 Questions and Answers
2 .The Asian development Bank (ADB) and Government of India have signed loan agreement to improve rural roads. In this context, which of the following statement is/are correct?
1. The loan amount is the first tranche of &800 million financing facility.
2. The project includes the construction of 3461 km of all - weather rural roads in 5 states.
3. The first phase of the project will be completed in December, 2015
3 .Insurance service provided by various banks is commonly known as ....
4 .IFSC Code stands for __________.
E. None of these
5 .Services offered by Retail Banking include ___________
E. None of the above
6 .The RBI is planning to introduce. 'Plastic Currency Notes. What is/are the benefits of "Plastic Notes'?
(1) Long shelf life.
(2) It will replace plastic money like Credit Cards which lead to fraud.
(3) Printing of such notes would be cheaper. "
7 .Which of the following is not the part of the Scheduled Banking structure in India?
E. state cooperative banks
8 .Small Savings Scheme like national savings certificates, Public Provident Fund, Monthly Income Schemes are popular among the salaried people. Which financial institutions manage these schemes?
9 .Which of the following is/are the right(s) of customer towards his banker?
E. None of these
10 .Which of the following factors is not required to be considered to analyze the repayment capacity of a borrower?
E. None of these
11 .Which of the following is a facilitating service of core loan products of retail banking services?
E. None of these
12 .Funded Services under corporate banking does not include?
E. None of these
13 .''Swabhiman'' Scheme is related
E. None of these
14 .A centralized database with online connectivity to branches, internet as well as ATM-network which has been adopted by almost all major banks of our country is known as?
15 .The Reverse Mortgage scheme is launched to give benefit to which of the following groups of society?
16 .which of the following scheme is not meant for investment purpose ?
E. None of these
17 .Systematic investment Plans relates to:
E. None of these
18 .Which of the following is an example of cash less purchase?
19 .Which one of the following is not an electronic banking delivery channel?
20 .Now-a-days Banks are selling third party products. Example of third party product is:
21 .What are White Label ATMs
E. ATM set up in Uttaranchal