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IBPS BANK EXAM :: IBPS BANK EXAM TEST 4

  1. Which of the following sector(s) make(s) maximum contribution to the National Income of India ?
  2. A.

    Services

    B.

    Agriculture

    C.

    Industry

    D.

    Agriculture and Industry both jointly

    E.

    None of these


  3. Which of the following is not part of the scheduled banking structure in India ?
  4. A.

    State Co-operative Banks

    B.

    Public Sector Banks

    C.

    Private Sector Banks

    D.

    Regional Rural Banks

    E.

    Money Lenders


  5. Which of the following is known as Plastic money ?

    A. Demand Draft

    B. Credit Card

    C. Debit Card

  6. A.

    Only A

    B.

    Only B

    C.

    Only C

    D.

    Both B and C

    E.

    All A, B & C


  7. Which of the following terms is used in the field of finance and banking?
  8. A.

    Gauge Pressure

    B.

    Quantum number

    C.

    Adjustment Credit

    D.

    Absolute zero

    E.

    Single bond


  9. Goods and Services Tax(GST) would replace which of the following taxes levied at present ?
  10. A.

    Income tax

    B.

    Corporate tax

    C.

    Capital gains tax

    D.

    Value-added tax(VAT)

    E.

    All of these


  11. Yuan is the currency of _________
  12. A.

    Japan

    B.

    China

    C.

    Indonesia

    D.

    Myanmar

    E.

    None of these


  13. Normally Banks accepts Fixed Deposits for a maximum period of ________
  14. A.

    5 years

    B.

    3 years

    C.

    7 years

    D.

    20 years

    E.

    10 years


  15. IFRS stands for _______
  16. A.

    International Financial Reporting standards

    B.

    Indian Financial Rating Standards

    C.

    International Financial Rating Standards

    D.

    Indian Functional Reporting Standards

    E.

    None of these


  17. KYC guidelines followed by the Banks have been framed on the recommendations of the ___________
  18. A.

    Ministry of Home Affairs

    B.

    Ministry of Rural Development

    C.

    Indian Banks Association

    D.

    Financial Intelligence Unit

    E.

    Reserve Bank of India


  19. Bridge loans refer to _______
  20. A.

    Loans granted to construction companies for construction of bridges

    B.

    Loan granted to PWD for construction of bridges over Rivers

    C.

    Interim finance allowed by banks to their customers pending disbursement of term loans by financial institutions

    D.

    Loan granted to Railway for construction of bridges

    E.

    None of these