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Bank PO GK test 2

1.
Kaziranga is known for

rhinoceros
tiger
birds
lion
snakes
2.
Interest payable on savings bank accounts is

regulated by RBI
not regulated by RBI
regulated by Finance minister
regulated by State Governments
regulated by Central Government
3.
Accounts are allowed to be operated by cheques in respect of

Savings bank accounts and current accounts
Both savings bank accounts and fixed deposit accounts
Both savings bank accounts and loan accounts
Both current accounts and fixed deposit accounts
Both savings bank accounts and cash accounts only
4.
Which of the following is a correct statement ?

Interest is paid on current accounts at the same rate as term deposit accounts
Normally no interest is paid on current deposit accounts
The rate of interest on current account and savings account are the same
No interest is paid on any deposit by the bank
Savings deposits are the same as current deposits
5.
Fixed deposits and recurring deposits are

repayable after death of depositors
repayable after an agreed period
repayable on demand or after an agreed period as per banks choice
repayable on demand
not repayable
6.
When a bank returns a cheque unpaid, it is called

payment of the cheque
drawing of the cheque
cancelling of the cheque
dishonour of the cheque
taking of the cheque
7.
Which of the following types of accounts are known as 'Demat Accounts' ?

Accounts which are Zero Balance Accounts
Accounts which are operated through internet banking facilty
Accounts in which shares of various companies are traded in electronic form
Accounts which are opened to facilitate repayment of a loan taken from the bank.
None of these
8.
Upper limit prescribed for RTGS transaction is

Rs. 1 lac
Rs. 2 lacs
Rs. 5 lacs
Rs. 50 lac
No upper limit is prescribed
9.
NEFT means

National Electronic Funds Transfer system
Negotiated Efficient Fund Transfer System
National Efficient Fund Transfer Solution
Non Effective Funds Transfer System
Negotiated Electronic Foreign Transfer System
10.
When the rate of inflation increases ?

purchasing power of money increases
purchasing power of money decreases
value of money increases
purchasing power of money remains unaffected
amount of money in circulation decreases
11.
POSCO is in the process of establishing its plants in India. What does the letter 'P' denote in the name POSCO ?

Popular
Pallin
Pohang
Paradeep
Peterburg
12.
Which of the following is a correct statement?

State Bank of India is the sole authority to issue and manage currency in India.
A nationalised bank is the sole authority to issue and manage currency in India.
A cooperative bank is the sole authority to issue and manage currency in India.
RBI is the sole authority to issue and manage currency in India.
None of these
13.
The usual deposit accounts of banks are

Current accounts, electricity accounts and insurance premium accounts
Current accounts, post office savings bank accounts and term deposit accounts
Loan accounts, savings bank accounts and term deposit accounts
Current accounts, savings bank accounts and term deposit accounts
Current bill accounts and term deposit accounts
14.
Which of the following is known as cross-selling by Banks?

(A) Sale of a debit card to a credit card holder
(B) Sale of Insurance policy to a depositor
(C) Issuance of cash against cheque presented by a third party

Only (A)
Only (B)
Only (C)
Both (A) and (C)
All (A), (B) and (C)
15.
Which of the following states became the first state in the country to launch RBI's e-payment system for commercial tax payers

Andhra Pradesh
Kerala
Gujarat
Maharashtra
Karnataka
16.
Mortgage is a

security on movable property for loan given by bank.
facility on movable property for loan given by bank.
concession on immovable property for a loan given by a bank.
facility on immovable property for a loan given by a bank.
security on immovable property for a deposit received by a loan.