Banking

Banking Quiz 1

Banking Awareness for IBPS PO/RRB/NABARD 1.  A Bank can borrow overnight up to 2% of their NDTL from the RBI. On which RBI charges interest known as MSF. Which of the following is current MSF rate? 6% 6.25% 4% 5.75% 6.5% 2. Find which of the following is not correct....

Bank+economy

Banking Awareness for IBPS PO/RRB/NABARD 1.  ___________ is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date. Fixed Deposit Account Current Account Saving Account Nastro Account None of these  2. FIIs are those institutional investors...

Banking+Economy

Banking Quiz 2

Banking+Economy

Banking Awareness for IBPS PO/RRB/NABARD  1. The NUUP is a moblie banking service provided by National Payment Cooperation of India (NPCI) which works on USSD technology. What is the full form of the term NUUP? National Unique USSD platform National Unified USSD platform National Uniform USSD platform National Umbrella USSD...

Banking Quiz 2

Banking+Economy

Banking Awareness for IBPS PO/RRB/NABARD 1. Under OLTAS, only a songle copy challan is used with a tear off portion for the Tax payer. What does OLTAS stands for? On-line Tax Accounting Service On-line Tax Accounting System On-line Tax Accounting Association System On-line Tax Amounting Service None of these 2....

Banking+Economy

Exclusive Banking Awareness for IBPS PO/RRB/NABARD 1. The RBI will soon put into circulation currency notes in one-rupee denomination. The new notes printed by the Govt of India will bear the signature of  1) Arun Jaitley 2) Narendra Modi 3) Hasmukh Adhia 4) Urjit Patel 5) Shaktikanta Das 2. The...

Banking+Economy

Banking Awareness For IBPS PO/RRB/NABARD 1. RDA is a channel to receive cross-border remittances from overseas jurisdictions. What does meaning of "A" in RDA? Account Assembly Arrangement Amount Association 2. What is the maximum amount of compensation under the Banking Ombudsman Scheme 2006? Rs. 10 lakh Rs. 50 lakh Rs....

banking-awareness

Banking Awareness for IBPS PO/RRB/NABARD 1. The minimum paid-up equity capital for small finance banks shall be______. Rs. 100 crore Rs. 500 crore Rs. 300 crore Rs. 400 crore None of these 2. RBI has granted in-principle license for small finance banks. The in-principle approval granted by RBI will be...