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MCQs

Total Questions : 461 | Page 44 of 47 pages
Question 431. "ASBA" stands for
  1.    Application supported by bank account
  2.    Application supported by balance account
  3.    Application supported by blocked account
  4.    Application supported by blocked amount
 Discuss Question
Answer: Option D. -> Application supported by blocked amount
Question 432. "De–Mat" account is regulated by
  1.    RBI
  2.    SBI
  3.    IRDA
  4.    SEBI
 Discuss Question
Answer: Option D. -> SEBI
Question 433. Banking ombudsman is appointed by
  1.    Union government
  2.    RBI
  3.    Respective state government
  4.    Exim bank
 Discuss Question
Answer: Option B. -> RBI
Question 434. How much maximum amount that is insured by "deposit insurance" credit corporation (DICGC)
  1.    Rs. 50000
  2.    Rs. 100000
  3.    Rs. 10000
  4.    Rs. 500000
 Discuss Question
Answer: Option B. -> Rs. 100000
Question 435. RBI can issue bank notes of maximum denomination
  1.    Rs. 1000
  2.    Rs. 500
  3.    Rs. 10000
  4.    Rs. 20000
 Discuss Question
Answer: Option C. -> Rs. 10000
Question 436. How much quantity of coins to be minted decided by
  1.    RBI
  2.    Union government
  3.    SBI
  4.    IRDA
 Discuss Question
Answer: Option B. -> Union government
Question 437. Life span of Rs. 10 notes are
  1.    10-15 months
  2.    16-19 months
  3.    10-18 months
  4.    20-25 months
 Discuss Question
Answer: Option D. -> 20-25 months
Question 438. NEFT means–
  1.    National Electronic Funds Transfer system
  2.    Negotiated Efficient Fund Transfer system
  3.    National Efficient Fund Transfer solution
  4.    Non Effective Fund Transfer system
 Discuss Question
Answer: Option A. -> National Electronic Funds Transfer system
Question 439. Largest shareholder (in percentage shareholding) of a nationalized bank is:
  1.    RBI
  2.    NABARD
  3.    LICI
  4.    Govt. of India
 Discuss Question
Answer: Option D. -> Govt. of India
Question 440. With a view to facilitate payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country–
  1.    Registration
  2.    Nomination
  3.    Indemnity
  4.    Guarantee
 Discuss Question
Answer: Option B. -> Nomination

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