Banking and Finance (Bank-PO General-Awareness): Questions 400 - 404 of 620

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Question number: 400

» Banking and Finance

MCQ▾

Question

What happens if there are delays in Local cheque clearing?

Choices

Choice (4) Response

a.

File a complaint against bank

b.

Banks will not give any benefit.

c.

Banks shall permit usage of the shadow credit afforded to the customer accounts immediately.

d.

None of the above

Question number: 401

» Banking and Finance

MCQ▾

Question

Which of the following is not a function of bank?

Choices

Choice (4) Response

a.

Encouraging savings habit amongst people

b.

Issuing of life insurance policies to its important clients

c.

Facilitating business transactions through receipts and payments by cheques

d.

Providing loans and advances to businessmen for short term and long-term purposes

Question number: 402

» Banking and Finance

MCQ▾

Question

Outright sales/purchases of government securities, in addition to LAF, as a tool to determine the level of liquidity over the medium term.

Choices

Choice (4) Response

a.

to avoid paying heavy taxes by purchasing life insurance policies

b.

to improve the country’s overall business environment

c.

to prevent money laundering and implement effective measures

d.

to develop cordial relations with the neighboring countries

Question number: 403

» Banking and Finance

MCQ▾

Question

RRB’s were established on the recommendations of ________.

Choices

Choice (4) Response

a.

S. M. Kelkar Committee

b.

B. Shivraman Committee

c.

Narsimham Committee

d.

None of the above

Question number: 404

» Banking and Finance

MCQ▾

Question

Euro Bonds is an instrument –.

Choices

Choice (4) Response

a.

issued in a currency other than the currency of the country in which it is issued.

b.

All of the above

c.

issued in the European market.

d.

issued in euro currency

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