Banking Awareness for Upcoming Exams Set 27

This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk, NIACL Assistant and various other competitive exams.

  1. SLR is maintained by banks on _____.
    A) Demand Liabilities
    B) Time Liabilities
    C) Recurrent Liabilities
    D) Both A and B
    View Answer
    Option D
    Explanation
    : SLR is maintained on Net Demand and Time Liabilities(NDTL)
  2. Lead Bank system was started on the recommendation of Nariman Committee in ____.
    A) 1960
    B) 1965
    C) 1969
    D) 1972
    View Answer
    Option C
    Explanation
    : 1969
  3. Basel-III norms came into effect in which year?
    A) 2010
    B) 2011
    C) 2012
    D) 2013
    View Answer
    Option D
    Explanation
    : 01-January-2013
  4. The duration of 12th 5 year plan is from
    A) 2012-2017
    B) 2013-2018
    C) 2014-2019
    D) 2015-2020
    View Answer
    Option A
    Explanation
    : 2012-2017
  5. Sarva Shiksha Abhiyan is for the children in the age group of?
    A) 10-14 years
    B) 6-18 years
    C) 8-14 years
    D) 6-14 years
    View Answer
    Option D
    Explanation
    : 6-14 years
  6. NABCONS is a subsidiary of?
    A) RBI
    B) SEBI
    C) NABARD
    D) NHB
    View Answer
    Option C
    Explanation
    : NABARD
  7. SEBI has prescribed the code of conduct for the sub brokers in SEBI REGULATION, ____.
    A) 1990
    B) 1992
    C) 1994
    D) 1996
    View Answer
    Option B
    Explanation
    : SEBI regulation, 1992
  8. IRDA has allowed banks to tie up with a maximum of ____ insurance companies for bancassurance.
    A) Three
    B) Five
    C) Nine
    D) Ten
    View Answer
    Option C
    Explanation
    : The Insurance Regulatory and Development Authority of India (IRDA) has allowed banks to tie up with a maximum of nine insurers from three segments —life, non–life and standalone health insurers — as part of the new bancassurance guidelines.
  9. A startup is an entity headquartered in India, which was opened less than 5 years ago and has an annual turnover less than ____ crore.
    A) 20
    B) 25
    C) 30
    D) 50
    View Answer
    Option B
    Explanation
    : Less than 25 crore
  10. What is the maximum loan under Stand Up India Scheme?
    A) Rs 10 lakh
    B) Rs 50 lakh
    C) Rs 80 lakh
    D) Rs 1 crore
    View Answer
    Option D
    Explanation
    : 10 lakh to 100 lakh payable in 7 years

 

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