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Banking Awareness Questions :: IBPS PO Clerks Set 16 Question And Answers

Quantitative Aptitude
Reasoning
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11. One of the highlights of the cash credit is ?
A. Very useful for industrial concerns B. It can be given by taking security of raw materials and finished goods also.
C. Flexible schedule of payments is attractive in this loan D. All of the above
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12. Bharath has an account in Punjab National Bank. He issued a cheque of Rs. 1000 to Raghu. Who is the drawee in the above case ?
A. Bharath B. Punjab National Bank
C. Raghu D. Bharath and Raghu
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13. Usually, the performance of a particular scheme of a mutual fund is denoted by NAV. NAV means ?
A. Net Asset Value B. Non Accessible Value
C. Net Assignment Value D. Net Asset Value
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14. India is one of the founding members of Kimberley Process Certification Scheme (KPCS). KPCS is related to ?
A. Import and Export fo Rice B. Import and Export of Computers
C. Import and Export of Home Appliances D. Import and Export of Rough Diamonds
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15. Who headed the study group constituted by Indian Banks Association to give the recommendations on Education Loans?
A. R. J. Kamath B. C. Ranga Rajan
C. Dantelwala D. N. Kishore Chaudari
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16. As per the direction given by the Reserve Bank of India on 19th November 2013, the publis sector banks should provide loans to women self help groups at a rate of _________ per anum, so as to get the benefit of interest rate subvention scheme under Swarnajayanti Gram Swarozgar Yojana-Aajeevika.
A. 10% B. 7%
C. 8.25% D. 5.5%
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17. When any asset ceases to generate income for the bank, it is called __________
A. Zero Asset B. Non-Performing Asset
C. Performing Asset D. Profitable Asset
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18. IIFCL recently decided to go for the $5 billion Line of Credit (LOC) due to project delays. IIFCL stands for ____________
A. India Infrastructure Finance Company Limited B. International Infrastructure Finance Company Limited
C. India Infrastructure Finance Consortium Limited D. India Indemnity Finance Company Limited
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19. Which of the following statements is wrong regarding Non-Performing Assets (NPA)?
A. Installment of principal or interest thereon remains overdue for two crop seasons for short duration crops B. Installment of principal or interest thereon remains overdue for two crop seasons for long duration crops
C. Amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitization transaction undertaken in terms of guidelines on securitization dated 1st February 2006. D. All of these
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20. In a news paper it is read that 'Higher provisioning erodes public sector bank's profit'. Here 'provisioning' relates to ?
A. Bad loans B. Conducting exams to recruit new personnel
C. Cost to erect ATMs D. Daily Expenses
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