Banking and Finance [Bank-PO (NRA) General-Awareness]: Questions 532 - 536 of 625
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Question 532
Question MCQ▾
________ is the risk of loss arising from a borrower who does not make payments as promised.
Choices
Choice (4) | Response | |
---|---|---|
a. | Credit risk | |
b. | Market risk | |
c. | Payment risk | |
d. | Operational risk |
Question 533
Question MCQ▾
Bank of Bengal, Bank of Bombay, Bank of Madras were also known as –
Choices
Choice (4) | Response | |
---|---|---|
a. | Presidency Banks | |
b. | Traders Bank | |
c. | All of these | |
d. | Imperial Banks |
Question 534
Question MCQ▾
A bank branch receives a counterfeit note of ₹ 100 from a customer, which customer wants it back. Which of the following action should be taken by the bank?
Choices
Choice (4) | Response | |
---|---|---|
a. | It will return to customer. | |
b. | It will ask for exchange of note | |
c. | It will replace with the genuine note | |
d. | It will impound and not return |
Question 535
Question MCQ▾
AMFI stands for ________.
Choices
Choice (4) | Response | |
---|---|---|
a. | Association of Mutual Funds of Investor. | |
b. | Association of Mutual Funds of India. | |
c. | Association of Monetary Fund՚s of India. | |
d. | Question does not provide sufficient data or is vague |
Question 536
Question MCQ▾
What do you understand by “Para Banking” service?
Choices
Choice (4) | Response | |
---|---|---|
a. | Services provided through business correspondent. | |
b. | Services provided to armed force personal | |
c. | Eligible financial services rendered by bank. | |
d. | Utility services provided by bank. |