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Banking Awareness Questions :: IBPS PO & Clerks Set 3 Question And Answers

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6. Which of the following Acts was framed specially to deal more effectively with the problem of Non Performing Assets in Banking system?
A. Industrial Disputes Act B. SARFAESI Act
C. Foreign Exchange Management Act D. All of these
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7. Which of the following origanizations / agencies recently prepared a charter of the Banking Codes and Services ? (All banks are required to sign the same)
A. Indian Bank Association (IBA) B. Indian Institute of Banking and Finance (IIBF)
C. All India Bank Employee's Union D. Reserve Bank of India (RBI)
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8. Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in ______________
A. 2000 B. 3000
C. 2500 D. 2050
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9. As compared to traditional budgeting, in case 0of Performance and Programme Budgeting System (PPBS), which one of the following statements is correct ?
A. It stresses on outcome only B. It stresses on expenditure allocation only
C. on outcome and less on expenditure allocation D. It stresses less on outcome and less on expenditure allocation
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10. Which one of the following partnership in the domestic insurance sector is incorrect ?
A. HDFC - Standard Life B. Birla - Sun Life
C. Tata - Allianz D. Max - New York Life
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11. Which of the following committes recommended the revival of Cooperative Credit Institutions in states?
A. Vaidyanadhan Committee B. Rangarajan Committee
C. Sachhar Committee D. Rakesh Mohan COmmittee
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12. The Small Industries Development Bank of India (SIDBI) has been operating under SWS. What is the full form of SWS?
A. Small Welfare Scheme B. Single Window Scheme
C. Small WIndow Service D. Single Window Service
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13. Which of the following is NOT viewed as national debt?
A. Life Insurance Policies B. Long-term Govt Bonds
C. National Savings Certificates D. Provident Fund
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14. Schedule Bank" means a bank
A. Incorporated under the Companies Act, 1956 B. Authorized to transact Govt business
C. GOverned by the Bankig Regulation Act, 1949 D. Included in the Second Schedule to the Reserve Bank of India Act, 1934
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15. How many types of primary agricultural credit societies are there in our country?
A. Large-size societies which include rural banks, agricultural banks and credit unions B. Service co-operative
C. Other small-size societies D. All of these
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