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Banking Awareness Questions :: IBPS PO Clerks Set 17 Question And Answers

Quantitative Aptitude
Reasoning
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11. Shivani deposited Rs. 10000 in Union Bank of India and got Demand Draft. He wants to cancel the Demand Draft. Then ?
A. Once Demand Draft issued, it cannot be cancelled B. Demand Draft can be cancelled by Union Bank of India. However the cancellation charges may be there.
C. He can approach any public sector bank to cancel the Demand Draft, as Union Bnak of India is also a Public Sector Bank. D. Only after 90 days the Demand Draft can be cancelled, as the Demand Drafts cannot be cancelled during the valid date period.
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12. Cash credit is one of the forms of __________
A. Recurring credit to NRI B. Withdrawal facility in minor account
C. Loan D. Credit deposit slip
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13. National Housing Bank Act was passed by Indian Parliament in __________
A. 1991 B. 1987
C. 2001 D. 2000
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14. National Housing Bank was set up on 9th July of which year ?
A. 2000 B. 1988
C. 2014 D. 2005
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15. Who headed the High Level Group to examine the proposal and recommended the setting up of National Housing Bank (NHB) ?
A. Dr. C. Rangarajan B. K. C. Charavarthy
C. Narasimham D. Wanchoo
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16. NHB Head office is located in ?
A. Kolkata B. New Delhi
C. Mumbai D. Lucknow
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17. 'Promoting Inclusive expansion with stability in housing finance market' is the vision of _________
A. EXIM Bank B. ICICI
C. NABARD D. NHB
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18. 'Promoting Inclusive expansion with stability in housing finance market' is the vision of _________
A. EXIM Bank B. ICICI
C. NABARD D. NHB
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19. Present Chairman of NHB is ?
A. R. V. Verma B. Prakash Bakshi
C. T. C. A. Ranganathan D. K. R. Kamath
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20. Loan given for undertaking repairs, renovations and / or upgradation is called
A. Home Damage Loan B. Home Improvement Loan
C. Home Makeup Loan D. Home Custody Loan
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