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Important Banking Awareness Questions and Answers
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Important Banking Awareness Questions and Answers
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25 Questions

1. What is money laundering?

2. Lending to Micro Finance Institutions by Bank considered as finance to which sector?

3. The Govt. of India has acquired RBI-™s stake in one of the major banks of India. Which that bank?

4. Credit risk to the bank is high from which of these cards?

5. What is the name of cheque when a bank returns unpaid?

6. Basel-II norms are associated with which aspect of the banking industry?

7. When a banker talks about CDR what is he talking about?

8. Interest payable on savings bank accounts is regulated by which bank?

9. Assume that Reserve Bank of India reduces the Bank Rate by 1% what will be its impact?

10. What is the Rate at which the domestic currency can be converted into foreign currency and vice-versa is known as?

11. If PAN details are not provided the TDS is deducted at which rate?

12. What is the mean of NEFT?

13. What is the mean of Bad debts?

14. By whom are Savings-™ bank accounts opened?

15. What is Mortgage?

16. Which is a measure taken by Reserve Bank of India to control inflation in our country?

17. Fiscal policy in India is formulated by which ministry?

18. In our country till when a cheque remains valid for payment for from the date of issue?

19. By which is insurance cover for bank deposits in our country provided?

20. What is the Expand term of ALM as used in Banking/Finance sector ?

21. Which will setup sore banking infrastructure for rural banks?

22. What is the expand term of FLCC?

23. Which is a Credit Card Association?

24. Whose signature is found on a 50 rupee currency note in India?

25. Which is not an electronic Banking delivery channel?

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