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General Knowledge :: Banking Awareness

  1. If the customer can do all transactions only in a branch and the branch has no online access, it is called

  2. A.

     Online Banking

    B.

     Virtual Banking

    C.

     Brick and Mortar Banking

    D.

     None of These


  3. As a part of financial inclusion, Bank on Wheels is a banking kiosk in a mobile van which goes to various rural villages as per the predetermined schedule to provide the banking services to the rural Indians. This Vehicle Tracking through GPRS. GPRS stands for

  4. A.

     General Packet Radio Service

    B.

     General Packet Running Service

    C.

     Gross Packet Radio Service

    D.

     Gain Packet Radio Service


  5. A collection of investment tools such as stocks, shares, mutual funds, bonds, cash and so on depending on the investor's income, budget and convenient time frame. The art of selecting the right investment policy for the individuals in terms of minimum risk and maximum return is called as

  6. A.

     Portfolio management

    B.

     Credit creation

    C.

     Amortized management

    D.

     Zero account


  7. Which bank has launched the country's first contact less debit and credit cards on 7 January 2015?

  8. A.

     HDFC

    B.

     SBI

    C.

     ICICI

    D.

     Yes Bank


  9. On 7 May 2015, RBI said with effect from September 1, 2015 all new cards issued - debit and credit, domestic and international - by banks shall be EMV chip and pin based cards. EMV stands for

  10. A.

     Europay, Mastro and Visa

    B.

     Europay, Master Card and Visa

    C.

     Entitlement of Master Card and Visa

    D.

     Euro, Master Card and Visa


  11. Which is the first bank to get ISO certificate?

  12. A.

     Corporation Bank

    B.

     UBI

    C.

     Canara Bank

    D.

     Syndicate Bank


  13. Kisan Credit Card (KCC) scheme introduced in .................. has emerged as an innovative credit delivery mechanism to meet the production credit requirements of the farmers in a timely and hassle - free manner.

  14. A.

     1998

    B.

     2000

    C.

     2001

    D.

     1991


  15. To make KCC a Smart Card cum Debit Card, Government of India had constituted a Working Group under the Chairmanship of

  16. A.

     C. Ranga Rajan

    B.

     Chanda Kocchar

    C.

     Arundhathi Bhattacharya

    D.

     T.M. Bhasin


  17. In 2014, Competition Commission of India probed the merger between regional rural banks sponsored by Punjab National Bank and

  18. A.

     Andhra Bank

    B.

     Union Bank of India

    C.

     State Bank of India

    D.

     Syndicate Bank


  19. A personal loan is a kind of unsecured loan which can be used for any purpose that the borrower deems necessary. The loan backed only by promise to repay, and for this reason the personal loan also called

  20. A.

     Transfer loan

    B.

     Signature loans

    C.

     Priority sector loan

    D.

     Secured loans