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Banking Awareness Questions :: IBPS PO Clerks Set 10 Question And Answers

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16. PIN means?
A. Personal Identification Number B. Pure Identification Number
C. Professional Identification Number D. Personal Identification Numeral
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17. Usually, every ATM card will have CVV number. What is meant by CVV?
A. Core Verification Value B. Card Verification Value
C. Circular Verification Value D. Cash Verification Value
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18. Diebold is a famous ATM manufacturing company. This company is located in ?
A. Australia B. UK
C. USA D. Japan
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19. Which Indian Bank has largest number of ATMs in India ?
A. SBI B. BOB
C. Bank of Baroda D. ICICI
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20. If the ATM hardware as well as lease is under the ownership of the service provider, while connectivity and cash handling and management is the responsibility of the sponsor bank, that ATM is called ?
A. Orange ATM B. Brown ATM
C. Blue ATM D. Black ATM
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21. The Non-Regulated deposit is ?
A. Current Account B. Recurring Account
C. Savings Account D. All of above
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22. The highlight of Term Deposit is ?
A. high rate of Interest B. cumulative rate of interest option
C. no instinct to spend D. All of these
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23. Which of the following is the best option to park money for a long period of time to earn a high rate of interest ?
A. Savings account B. Fixed deposit account
C. Recurring account D. Current account
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24. Banks usually collect penal rate of interest on ____________ for the pre mature withdrawal of fixed deposits
A. Principal B. Rate of Interest
C. Maturity amount D. Minimum deposit amount
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25. Fixed deposit can have
A. Nomination facility B. Nomination facility with the permission of person who introduced him to open account
C. Nomination facility with the permission of Bank chairman D. Nomination facility by taking special permission from bank
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