Awareness

ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q1621.

A Cross Cheque is one, which can be encashed only;

1)	by the drawee	2)	through a bank
3)	through the SBI	4)	after it has been transferred to another person

Q1622.

Commercial  Banks finance rural credit directly and through :

1)	NABARD	2)	Rural Banks
3)	Co-operative Societies	4)	State Government
5)	None of these

Q1623.

The maximum amount of the total revenue earned by the government of India comes from-

1)	Income Tax	2)	VAT
3)	Customs Duty	4)	Excise Duty
5)	Corporate Tax

Q1624.

Present minimum & maximum limit for RTGS transactions is ____.

1)	Rs.50000, Rs 200000	2)	Rs.5 lac, Rs 10 lac
3)	Rs. 2 lac, Rs 5 lac	4)	Rs. 1 lac, No Limit
5)	Rs. 2 lac, No Limit

Q1625.

Which among the following organization has got the principal approval from the Reserve Bank of India (RBI) for establishing as well as operating White Label ATMs (WLAs) ?

1)	Muthoot Finance	2)	Union Bank of India
3)	LIC (Life Corporation of India)	4)	NICL (National Insurance Company Limited)
5)	None of these

Q1626.

Which of the following tool is used frequently by the RBI to control credit and monetary situations of the markets in the country?

1)	Cash Reserve Ratio	2)	Real Time Gross Settlement (RTGS)
3)	Balance of Trade	4)	Forward Trade Agreements
5)	Electronic Clearing Service

Q1627.

Which of the following is not a tool in the hands of RBI to control the inflationary pressure in the country ?

1)	Bank Rate	2)	Special Drawing Rights (SDR)
3)	Statutory Liquidity Ratio (SLR)	4)	Cash Reserve Ratio (CRR)
5)	None of these

Q1628.

Which of the following best defines a floating-rate bond ?

1)	A bond with a fixed interest rate and has better yield than varying interest rate bond	2)	A bond with a fixed interest rate and has lower yield than varying interest rate bond
3)	A bond with a varying interest rate and has better yield than fixed interest rate bond	4)	A bond with a varying interest rate and has lower yield than fixed interest rate bond
5)	None of these

Q1629.

Though ULIPs (Unit Linked Insurance Plan) are considered to be a better investment vehicle it has failed to capture the imagination of the retail investors in India because of which of the following reasons ?

1)	Regulatory jurisdictional fight between SEBI and IRDA	2)	They don’t offer better tax benefits
3)	They offer lesser returns compared to traditional insurance policies	4)	All of the above
5)	None of these

Q1630.

In which year 14 major commercial Banks were nationalized in India ?

1)	1968	2)	1969
3)	1980	4)	1982
5)	None of these