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Banking Awareness Questions :: IBPS PO & Clerks Set 9 Question And Answers

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11. Foreign Currencies are represented in various abbreviations. What is meant by USD?
A. United Currency of Denmark B. United Currency of Dollar
C. United  States of Dulhas D. United States Dollar
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12. In context of the insurance industry, which of the following is a correct term for per capita premium?
A. Insurance Penetration B. Insurance Density
C. Insurance Intensity D. Insurance Depth
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13. Banks should obtain photographs in deposit accounts has been advised by RBI to banks on the basis of recommendations of _________________
A. Y V Reddy Committee B. Jilani Committee
C. Ghosh Committee D. Narasimham Committee
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14. Which is NOT a function of RBI?
A. Issue of Notes B. Bankers Banking
C. Controller of Credit D. Issue of One Rupee Notes
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15. RBI was established in 1935 pursuit to the recommendations of ______________
A. Gorawala Committee B. Talwar Committee
C. The Hilton Young Commission D. Both 1 and 2
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16. Who invented the first operational ATM?
A. John Shepherd-Barron B. John Carter
C. John Sayer D. John Canner
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17. ATM Stands for?
A. Any Time Money B. Automated Teller Memory
C. Automatic Teller Machine D. Automated Teller Machine
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18. On 27th June 1967, which bank installed the first ATM in North London ?
A. Barclays Bank B. Bank of London
C. SCB D. Citi Bank
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19. Which is the first bank to introduce ATM in India in the year 1987?
A. NABARD B. HSBC
C. Allahabad Bank D. SBI
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20. The other name of ATM using by many banking agencies in the world is?
A. Cash Machine B. Automated Banking Machine
C. Cash Pick D. All of the above
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