Banking Awareness Questions :: IBPS PO & Clerks Set 7 Question And Answers

Quantitative Aptitude
Verbal Ability

6. Expand the term ALM as used in Banking / Finance sector ?

A. Asset Liability Mismatch B. Asset Liability Maturity
C. Asset Liability Management D. Asset Liability Manpower
View Answer Discuss in Forum

7. The first Credit Card was issued in India by VISA in the year?

A. 1994 B. 1991
C. 1986 D. 1981
View Answer Discuss in Forum

8. A Banking Ombudsman  will not entertain Credit Card complaints which are more than ______________ months old

A. 3 months B. 6 months
C. 9 months D. 12 months
View Answer Discuss in Forum

9. The machines installed by varoius banks to disburse money to general public are called?

A. ATMs B. Computers
C. Softwares D. None
View Answer Discuss in Forum

10. A centralized database with online connectivity to branches, internet as well as ATM network which has been adpoted by almost all major banks of our country is known as ?

A. ​Core Banking B. Banking
C. Center Banking D. Advanced Banking
View Answer Discuss in Forum

11. SEBI decided to given an exemption to some companies from the requirement of the minimum 25 percent public share holding. Companies exempted from such requirement should fulfill which of the following norms ?
A) They should have market Capitalization of Rs. 1,000 Crore
B) They should have 20 millions shares listed
C) They should have a turnover of Rs. 400 Crore per annum

A. Only A B. Only B
C. Only C D. A and C both
View Answer Discuss in Forum

12. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy means _____________

A. Sale or purchase of Govt. securities B. Issurance of different tpes of bonds
C. Auciotn of gold D. To make available direct finance to borrowers
View Answer Discuss in Forum

13. Which of the following is NOT the part of the structure of the Financial System in India ?

A. Industrial Finance B. Agricultural Finance
C. Govt Finance D. Personal Finance
View Answer Discuss in Forum

14. Which of the following statements about the NABARD is / are true ?
A) NABARD has a dual role to play as it is an apex body and a refinance institution
B) NABARD services as a refinance institution for all kids of production and investment credit to agriculture and cottage and village industries
C) NABARD accepts short term deposits from the public like any other bank to improve its capital base

A. Only A B. Only B
C. Only C D. Only A and B
View Answer Discuss in Forum

15. Industrial exit policy means _____________

A. Forcing foreign companies to leave India B. Forcing business units to move out of congested localities
C. Allowing manufacturers to shift their line of products D. Allowing business units to close down
View Answer Discuss in Forum

Related Topics

IBPS PO Clerks Set 17
IBPS PO Clerks Set 24
IBPS PO & Clerks Set 8
IBPS PO Clerks Set 21
IBPS PO Clerks Set 23
IBPS PO & Clerks Set 2

Who are all can get the advantages from this IBPS PO & Clerks Set 7 Question and Answers section?

Those are all planning for any competitive examinations can use this segment to enhance their abilities.