Banking and Finance (Bank-PO General-Awareness): Questions 18 - 21 of 620

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Question number: 18

» Banking and Finance

MCQ▾

Question

Often, we read in newspapers that the RBI has changed the Repo rate and the Reverse Repo rate by a few basis points. What is a basis point?

Choices

Choice (4) Response

a.

One tenth of 1%

b.

Ten % of one hundredth point

c.

Ten % of 100

d.

One hundredth of 1%

Question number: 19

» Banking and Finance

MCQ▾

Question

Which among the following statements may be counted among the benefits received from Core Banking Solutions (CBS)?

Choices

Choice (4) Response

a.

We can deposit cash in the bank anywhere in the country.

b.

Only A and B

c.

We don’t need to carry cash from one place to another

d.

Instant updation of account status doesn’t take place through it.

Question number: 20

» Banking and Finance

MCQ▾

Question

What are the eligibility criteria for the banks to be permitted to set up the joint venture company for undertaking the insurance business with risk participation subject to safeguards?

Choices

Choice (4) Response

a.

The net worth of the bank should not be less than Rs. 500 crore

b.

All of the above

c.

The CRAR of the bank should not be less than 10 percent

d.

The level of non-performing assets should be reasonable

Question number: 21

» Banking and Finance

Appeared in Year: 2013

MCQ▾

Question

What are the IMF functions? (IBPS PO)

Choices

Choice (4) Response

a.

Providing short terms credit to member countries.

b.

Providing short terms credit to developing countries

c.

Providing short terms credit to developed countries

d.

None of the above

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