banking gk Practice Question and Answer

Q:

_________ is a cheque written by the drawer(payer) for a date in the future.

1549 0

  • 1
    Bearer Cheque
    Correct
    Wrong
  • 2
    Anti-Dated Cheque
    Correct
    Wrong
  • 3
    Open Cheque
    Correct
    Wrong
  • 4
    Post-Dated Cheque
    Correct
    Wrong
  • 5
    Crossed Cheque
    Correct
    Wrong
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Answer : 4. "Post-Dated Cheque"

Q:

In which year National Electronic Fund Transfer started in India? 

1537 0

  • 1
    2004
    Correct
    Wrong
  • 2
    2002
    Correct
    Wrong
  • 3
    2006
    Correct
    Wrong
  • 4
    2005
    Correct
    Wrong
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Answer : 4. "2005"

Q:

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

1532 0

  • 1
    10% of the Principal
    Correct
    Wrong
  • 2
    5% of the Principal
    Correct
    Wrong
  • 3
    1-2% of the Principal
    Correct
    Wrong
  • 4
    7% of the Principal
    Correct
    Wrong
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Answer : 3. "1-2% of the Principal "

Q:

How much % GST levied on Mobile Phones?

1529 0

  • 1
    12%
    Correct
    Wrong
  • 2
    28%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "12%"

Q:

On which date was the Reserve Bank of India established?

1523 0

  • 1
    April 1, 1935
    Correct
    Wrong
  • 2
    July 12, 1982
    Correct
    Wrong
  • 3
    January 1, 1949
    Correct
    Wrong
  • 4
    August 15, 1947
    Correct
    Wrong
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Answer : 1. "April 1, 1935"

Q:

Which Organisation/Ministry is the Custodian of Foreign Reserves in India?

1489 0

  • 1
    Finance Ministry
    Correct
    Wrong
  • 2
    Foreign Ministry
    Correct
    Wrong
  • 3
    Reserve Bank of India(RBI)
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India(RBI)"

Q:

Which of the following is a fraud investigating agency in India?

1473 0

  • 1
    NEFT
    Correct
    Wrong
  • 2
    IMPS
    Correct
    Wrong
  • 3
    SWIFT
    Correct
    Wrong
  • 4
    MZM
    Correct
    Wrong
  • 5
    SFIO
    Correct
    Wrong
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Answer : 5. "SFIO"

Q:

A reverse mortgage is a special kind of home loan for

1469 0

  • 1
    Government Employees without any security
    Correct
    Wrong
  • 2
    Senior Citizens
    Correct
    Wrong
  • 3
    Beneficiaries under Below Poverty Line Criteria
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 2. "Senior Citizens"

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