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Bank PO GK test 3

1.
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.
2.
Distribution of insurance products and insurance policies by banks as corporate agents is known as

General Insurance
Non-life insurance
Bancassurance
Insurance
Deposite insurance
3.
In order to attract more foreign exchange the Govt. of India decided to allow foreign investment in LLP firms. What is full form of "LLP" as used in this reference?

Local Labour Promotion
Low Labour Projects
Limited Loan Partnership
Longer Liability Partnership
Limited Liability Partnership
4.
Interest on savings bank account is now calculated by banks on

minimum balance during the month
minimum balance from 7th to last day of the month
minimum balance from 10th to last day of the month
maximum balance during the month
daily product basis
5.
Which of the following is not considered a money market instrument ?

Treasury bills
Repurchase Agreement
Commercial Paper
Certificate of Deposit
Shares and bonds
6.
With a view to facilitating payment of balance in the deposit account to the person named by the depositor without any hassles in the event of death of the account holder, the following facility was introduced for bank accounts in our country:

Will
Registration
Nomination
Indemnity
Guarantee
7.
Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of

Minors
Married women
Senior citizens
Govt employees
Rural residents
8.
Largest shareholder (in percentage shareholding) of a nationalised bank is

RBI
IBA
NABARD
LIC
Govt. of India
9.
What is the purpose of celebrating Rajiv Gandhi Sadbhavana Divas ?

To promote national integration
To promote communal harmony
To eschew violence
To promote goodwill among the people
All of the above
10.
The central bank of which country has the largest foreign reserves in the world ?

China
Japan
Switzerland
Saudi Arabia
European Union
11.
In business, disinvestment means to sell off certain assets. Which of the following can come under these assets?

A manufacturing plant
A division or subsidiary
A product line
Both 2) and 3)
All of the above
12.
International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation are framed by

KYC
FATF
TAPI
ICOA
SWIFT
13.
The National Payment Corporation of India (NPCI) has launched a mobile-based payment facility. This facility is known as

NEFT
RTGS
IMPS
USSD
INSTAPAY
14.
Five-Year Plans in India is monitored by

National Development Council
Planning Commission
Finance Minister
Inter-State Council
Finance Commission
15.
In which state is Sunderbans situated ?

Orissa
West Bengal
Jharkhand
Assam
Uttarakhand
16.
Which of the following is not controlled by the Securities and Exchange Board of India ?

Market Intermediaries
Investors
Ponzi Schemes
Derivatives
Insurance