Banking Awareness Questions :: IBPS PO Clerks Set 39 Question And Answers

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6. Banking services delivered to a customer by means of a computer control system that does not directly involve banks branch is called as ?

A. Brick & Mortal Banking B. Virtual Banking
C. Universal Banking D. Narrow banking
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7. Technological advancement in the recent times has given a new dimension to banks, mainly to which one of the following aspects ?

A. New Age Financial Derivatives B. Multilevel Marketing
C. Any Type Banking D. Service Delivery Mechanism
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8. Which of the following is NOT a function of the  Reserve Bank of India ?

A. Fiscal Policy Functions B. Monetary Authority Functions
C. Supervisory and Control Functions D. Exchange Control Functions
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9. First Act to pass to allow the formation of Cooperative Societies was ?

A. Cooperative Credit Societies Act,1991 B. Cooperative Credit Societies Act, 1904
C. Cooperative Credit Societies Act, 1911 D. Cooperative Credit Societies Act, 1971
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10. Which sector is the major beneficiary of cooperative bank system till 1969 ?

A. Education B. Agriculture
C. Industrial D. Export
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