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

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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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21. Minimum amount to be remitted through RTGs is Rs ___________ Lakh and there is no upper ceiling for RTGs transaction.
A. One B. Two
C. Three D. Four
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22. On 9th June 2014, the NABARD reduced the rate of interest by how many basis points (bps) on long term refinance facility to banks with an objective to promote from sector investments ?
A. 15 bps B. 20 bps
C. 35 bps D. 25 bps
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23. Which of the statements given below is / are correct?
     A) Raghuram Rajan, the Governor of the RBI, on 15th May 2014 announced that plastic currency notes will be launched in 2015 after field tirals
     B) The introduction of plastic currency notes would help stop counterfeiting of Indian rupees as they are difficult to imitate
     C) Modern plastic currency notes were first developed by the Reserve Bank of Australia in the year 2000
     D) Indian government has already tried to introduce plastic currency notes in the year 2005, but failed
     E) We can recycle plastic bottles as Plastic currency notes.
A. A and B B. A and E
C. C and D D. B and C
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24. 23rd Governor of RBI is ?
A. Raghuram Rajan B. K. C. Chakraborthy
C. Montek Singh Ahluwalia D. D. Subba Rao
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25. Raghuram Rajan belongs to which state ?
A. Tamil Nadu B. Andhra Pradesh
C. Madhya Pradesh D. UP
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