Banking Awareness Questions Answers IBPS PO Clerk 2017 - Set 4

Advanced 467 Reasoning Puzzles Book SBI PO 2018

Banking Awareness Questions and Answer

Banking Awareness Questions Answers are providing for all banking exams and interviews in 2017 - 2018. These are some important Banking Awareness Questions and Answers providing by our Banking Expert Team is useful for all banking exams and It is specially designed according to the Syllabus of RRB, IBPS/SBI PO, and Clerk VII 2017-2018.

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Banking Awareness Questions Answers Set 3

1. MICR code consists of how many digits? 
1. 6
2. 9
3. 3 
4. 8 
5. 7

2. What is the minimum limit in RTGS system? 
1. Rs 1
2. Rs 200000
3. Rs 50000
4. Rs 49999
5. Rs 100000

3. What is full form of CTS?
1. Cheque Truncation System 
2. Cyber Trade System 
3. Cheque Transmission System 
4. Cyber Truncation System 
5. Cheque Transfer System 

4. Under which service, customers may access their bank account and perform basic transactions from any of the member branch offices.
1. Core Banking Solution (CBS)
2. Cheque Truncation System
3. Core Bank Solution
4. Finacle
5. None of these

5. Exchange of cash flow in different currency is known as:
1. Foreign Swap
2. Current Swap
3. Currency Swap
4. Currency Rate
5. Inter Currency Swap

6. Assets or loans which stop performing after 90 days is known as:
1. Non Particular Asset
2. Not Performing Asset
3. Non Performance Asset
4. Non Performing Asset
5. None of these

7. Who controls the Monetary Policy in India?
1. RBI
2. SBI 
3. PNB 
4. GOI
5. Finace Ministry

8. Which card is issued by NPCI (National Payments Corporation of India)?
1. Master Card
2. Visa Card
3. Maestro Card
4. Rupay Card
5. None of these

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9. Which of the following is the instrument of payment called Plastic Money? (i) Debit card, (ii) Credit card, (iii) Banker's cheque
1. Only (i) and (ii)
2. Only (i) and (iii)
3. Only (ii) and (iii)
4. (i), (ii) and (iii)
5. None of these

10. Full form IFSC
1. India Financial System Code
2. Indian Financial System Code
3. Indian Financial System Center
4. Indian Financial System Cyber
5. None of these

Banking Awareness Answers Set 4

1. 2   2. 2   3. 1   4. 1   5. 3   6. 3   7. 1   8. 4   9. 1   10. 2