{"id":382,"date":"2015-09-09T10:00:08","date_gmt":"2015-09-09T10:00:08","guid":{"rendered":"http:\/\/www.competitiongurukul.in\/blog\/?p=382"},"modified":"2022-11-04T08:04:45","modified_gmt":"2022-11-04T08:04:45","slug":"target-ibps-exam-2015-banking-awareness-practice-set","status":"publish","type":"post","link":"https:\/\/www.competitiongurukul.in\/blog\/target-ibps-exam-2015-banking-awareness-practice-set\/","title":{"rendered":"Target IBPS Exam 2015: Banking Awareness Practice Set"},"content":{"rendered":"

Competition Guru<\/span>ku<\/span>l<\/strong> is presenting the practice set on Banking Awareness<\/strong> in this blog in order to?give the final touch to Banking Exam 2015 Aspirants<\/strong>. This practice set is valid for IBPS, IBPS PO and RRB.<\/strong><\/p>\n

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\"canstockphoto9023760\"<\/div>\n
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1. Which of the following statements is incorrect regarding RTGS system?<\/b><\/span><\/div>\n
i) The transactions take place in real time<\/div>\n
ii) The system operates on DNS (Deferred Net Settlement) basis<\/div>\n
iii) The minimum amount that can be remitted is Rs. 2 lakh<\/div>\n
iv) Service charges for RTGS transactions vary from one bank to another<\/div>\n
v) Only ii and iii<\/div>\n<\/div>\n<\/div>\n
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\"NEFT-vs-RTGS\"<\/a><\/p>\n<\/div>\n

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2. 10-second paperless instant loan Scheme for its existing customers and Project Tatkal home loans application process within 10 days are launch by which of these banks respectively:<\/b><\/span><\/div>\n
i) ICICI and HDFC<\/div>\n
ii) SBI and ICICI<\/div>\n
iii) BOI and SBI<\/div>\n
iv) HDFC and SBI<\/div>\n
v) BOI and ICICI<\/div>\n<\/div>\n
<\/div>\n
\"ori_pc_4804-img-2015-07-03-1435921900-home-loan-red\"<\/div>\n
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3. RBI is lender of last resort which reveals:<\/b><\/span><\/div>\n
i) RBI advances money to public whenever there is any emergency<\/div>\n
ii) Commercial banks give fund to the RBI<\/div>\n
iii) RBI advances necessary credit against eligible securities to financial institutions<\/div>\n
iv) All of the above<\/div>\n
v) None of the above<\/div>\n<\/div>\n
<\/div>\n
4. A scheduled bank must be:<\/b><\/span><\/div>\n
i) Company incorporated by any law in force in any place in India.<\/div>\n
ii) An institution notified by GOI.<\/div>\n
iii) A company as defined by Companies Act, 2013.<\/div>\n
iv) All of the Above<\/div>\n
v) None of These<\/div>\n<\/div>\n
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5. The ability of commercial banks to increase their deposits by expanding their loans and advances is known as<\/b><\/span><\/div>\n
i) Capital expansion<\/div>\n
ii) Credit expansion<\/div>\n
iii) Credit control<\/div>\n
iv) Credit creation<\/div>\n
v) None of these<\/div>\n<\/div>\n
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6. In TRIPS, what does ?I? stand for?<\/b><\/span><\/div>\n
i) Intellectual<\/div>\n
ii) Information<\/div>\n
iii) Indian<\/div>\n
iv) Infra<\/div>\n
v) None of these<\/div>\n<\/div>\n<\/div>\n
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7. Which of the following statement is\/are true about fiat money?<\/b><\/span><\/div>\n
i) Fiat money includes physical token like certificates<\/div>\n
ii) Fiat money’s value is not derived from any intrinsic value are relative value is based only on government order<\/div>\n
iii) Fiat money can be converted in to valuable commodity (like gold)<\/div>\n
iv) Both 1 and 2<\/div>\n
v) None of these<\/div>\n
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8. RBI has lifted a ban on carrying Indian bank notes of Rs 1,000 and 500 denominations to and from Nepal and Bhutan. RBI has put a limit on carrying such notes at Rs.__________ per person?<\/b><\/span><\/div>\n
i) 10000<\/div>\n
ii) 15000<\/div>\n
iii) 25000<\/div>\n
iv) 20000<\/div>\n
v) 30000<\/div>\n
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9. Often, we read in the newspapers that several Indian companies are taking the FCCB route to raise capital. What does the term FCCB stand for?<\/b><\/span><\/div>\n
i) Foreign Currency Convertible Bond<\/div>\n
ii) Foreign Convertible Credit Bond<\/div>\n
iii) Financial Consortium and Credit Bureau<\/div>\n
iv) Future Credit and Currency Bureau<\/div>\n
v) None of these<\/div>\n
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10. Which of the following entities did not get the licence to run Payment Bank :<\/b><\/span><\/div>\n
i) Aditya Birla Nuvo Limited<\/div>\n
ii) Sun Pharma<\/div>\n
iii) Fino PayTech Limited<\/div>\n
iv) Videocon d2h<\/div>\n
v) Cholamandalam Distribution Services Limited<\/div>\n

Answer Key<\/strong><\/span><\/h3>\n
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1 – ii<\/strong><\/span><\/div>\n
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2- iv<\/strong><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n
3 – iii<\/strong><\/span><\/div>\n
4 – iv<\/strong><\/span><\/div>\n
5 – iv<\/strong><\/span><\/div>\n
6 – i<\/strong><\/span><\/div>\n
Explanation :TRIPS ?stands for Trade Related Intellectual Property Rights??<\/strong><\/span><\/div>\n
7 – ii<\/strong><\/span><\/div>\n
8 – iii<\/strong><\/span><\/div>\n
9 – i<\/strong><\/span>
\n10 – iv<\/strong><\/span><\/p>\n

BANKING COACHING FOR BETTER RESULTS<\/span><\/h3>\n

Competition Gurukul<\/strong> is a premier institute for Banking Exam Coaching<\/strong>. You can visit our center to register your slot for fresh batches<\/strong>. You will be guided by our counsellor from Monday to Saturday<\/strong> at scheduled timing of 9 AM to 8 PM<\/strong>.<\/p>\n

For More Information Contact<\/span><\/h3>\n

Competition Gurukul
\nA-1\/17, Janakpuri, Main Najafgarh Road,
\nOpp Metro Pillar 636, New Delhi ? 110058<\/p>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Competition Gurukul is presenting the practice set on Banking Awareness in this blog in order to?give the final touch to Banking Exam 2015 Aspirants….<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,43,574,45],"tags":[607,608,600,601,609,610,611,612,44,613],"_links":{"self":[{"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/posts\/382"}],"collection":[{"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/comments?post=382"}],"version-history":[{"count":1,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/posts\/382\/revisions"}],"predecessor-version":[{"id":2088,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/posts\/382\/revisions\/2088"}],"wp:attachment":[{"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/media?parent=382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/categories?post=382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.competitiongurukul.in\/blog\/wp-json\/wp\/v2\/tags?post=382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}