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- 1. In case a depositor is a sole proprietor and holds deposits in the name of the proprietor concern as well as in the individual capacity, the maximum insurance cover is available up to
A.Rs. 100,000
B.Rs. 10,00,000
C.Rs. 10,000
D.Rs. 1000
Answer & Explanation
Answer: Option A 
Rs. 100,000
View Answer
- 2. Which of the following statements about new private sector banks are correct ?
A.The stipulation in regard to priority sector lending norms and targets are to be observed by these banks. however, RBI may consider modification in these norms for an initial period
B.They would be required to open branches at rural / semi-urban centers
C.Only (1)
D.Both (1) and (2)
Answer & Explanation
Answer: Option D
Both (1) and (2)
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- 3. In the context of liberalization and globalization
A) Planning has no role to play
B) Planing has an indicative role
C) Planning has a role to play in providing safety net for the poor
A.Only A
B.Both B and C
C.Only B
D.All A, B and C
Answer & Explanation
Answer: Option B
Both B and C
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- 4. National Income denotes
A.Revenue of the Govt in one year
B.Revenue of nationalized enterprises and banks
C.Budgetary surplus of the govt
D.Sum total of all factor earning in the country
Answer & Explanation
Answer: Option D
Sum total of all factor earning in the country
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- 5. In banking world when a loan given by a bank to an individual or organization is not returned by bthe borrower wishingly or otherwise, it is known as _____________
A) Standard Asset
B) Non-Performing Asset
C) Over Draft
A.Only A
B.Only B
C.Only C
D.Both A and B
Answer & Explanation
Answer: Option B
Only B
View Answer
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To whom this IBPS PO & Clerks Set 9 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
- All I.B.P.S and Public Sector Bank Competitive Exam
- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
- Defence Competitive Exams
- L.I.C / G.I.C AO and Clerk Competitive Exams
- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.
