Banking and Finance (Bank-PO General-Awareness): Questions 598 - 603 of 620

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Question number: 598

» Banking and Finance

MCQ▾

Question

RBI has directed co-operative banks not to give loans for purchase of gold. The reason behind this move is

Choices

Choice (4) Response

a.

All except C

b.

to curb the heavy imports of gold

c.

to manage the consolidated funds of India

d.

to lower the CAD

Question number: 599

» Banking and Finance

MCQ▾

Question

The credit policy of a bank does not deal with?

Choices

Choice (4) Response

a.

Outstanding Balance in deposit account

b.

Documentation Standard

c.

Credit risk management

d.

Review and renewal of advances

Question number: 600

» Banking and Finance

MCQ▾

Question

Which among the following is the definition of ‘authorized capital’?

Choices

Choice (4) Response

a.

Part of capital agreed to be taken up by shareholders.

b.

Part of capital for which subscription is invited.

c.

The capital, a company is legally permitted to issue.

d.

None of the above

Question number: 601

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

Which bank has became first listed Indian company to have 75 % shareholding by FIIs?

Choices

Choice (4) Response

a.

HDFC

b.

SBI

c.

Kotak Mahindra Bank

d.

ICICI Bank

Question number: 602

» Banking and Finance

MCQ▾

Question

With respect to financial inclusion which of the following will be the best alternative banking service to branch banking?

Choices

Choice (4) Response

a.

Setting up of AtMs

b.

Providing credit cards

c.

Mobile banking

d.

Establishing personal banking branches

Question number: 603

» Banking and Finance

MCQ▾

Question

When face value of currency is higher than internal values this currency is called –

Choices

Choice (4) Response

a.

Token currency

b.

Fiat Currency

c.

Hard currency

d.

Soft Currency

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