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IBPS PO BANKING AWARENESS
  • 2016-09-22
IBPS PO BANKING AWARENESS

1) The Definition of ‘Banking’ is given in

(1) Negotiable Instrument Act, 1881

(2) RBI Act, 1934

(3) The Banking Regulation Act, 1949

(4) Contract Act      (5) None of the above

2) When was SBI established?

(1) April 1, 1935     (2) July 31, 1969

(3) May 5, 1955      (4) July 1, 1955

3) Presently, the numberof the public sector bank in India is

(1) 8   (2) 20   (3) 28   (4) 14  

(5) None of the above

4) The Government of India passed the “Recoveryof Debts due to Banks and Financial Institutions Act” in ----------?

(1) 1993       (2) 1992       (3) 1994

(4) 1990       (5) None of the above

5) The maximum number of partners in a non-banking partnership firm is -------?

(1) 20 (2) 10 (3) 25 (4) 11

(5) None of the above

6) Which of the following banks are not commercial banks?

(1) Foreign Banks

(2) State Co-operative Banks

(3) Private Banks

(4) Regional Rural Banks

(5) None of the above

7) Regional rural Banks are managed by -----?

(1) The Central Government

(2) The RBI   (3) The Board of Directors

(4) The State Government

(5) None of the above

8) In Financial sector, “NBFC” means?

(1) New banking Finance Company

(2) National Banking & Finance Corporation

(3) New Business Finance & Credit

(4) Non Business Fund Company

(5) None of the above

9) Appellate Tribunal for recovery of debts due to banks and financial institutions is set up at --?

(1) Chennai  (2) Bangalore             (3) Mumbai

(4) Kolkata   (5) Non of the above

10) Under Section 19 (1), a banking company can hold shares in alimited company to the extent of --------?

(1) Paid-up capital & free reserve of company

(2) Paid-up capital of the bank

(3) 30% of the paid-up capital of the company or 30% of its own paid-up capital and reserves, whichever is higher

(4) None of the above


ANSWER:

 

1-3

 

2-4

3-3

4-1

5-1

6-2

7-3

8-5

9-3

10-3

 

 

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