Banking Awareness Quiz for IBPS PO / RRB / NABARD
1. Under OLTAS, only a songle copy challan is used with a tear off portion for the Tax payer. What does OLTAS stands for?
- On-line Tax Accounting Service
- On-line Tax Accounting System
- On-line Tax Accounting Association System
- On-line Tax Amounting Service
- None of these
2. Who is current MD and CEO of Punjab National Bank?
- Rakesh Sethi
- Usha Anathasubramanian
- P. S. Jayakumar
- Sunil Mehta
- None of these
3. If a cheque is presented for payment after three months from the date of the cheque. It is called ______ _____.
- Stale Cheque
- Crossed Cheque
- Bearer Cheque
- Order Cheque
- None of these
4. On April 1980, which of the following bank was not nationalized?
- Andhra Bank
- Oriented Bank of Commerce
- Vijaya Bank
- United Bank
- Corporation Bank
5. The Small Industries Development Bank of India is a state-run bank aimed to aid the growth and development of micro, small and medium scale industries in India. SIDBI set up in which of the following year?
- 1982
- 1990
- 1992
- 1995
- 2000
6. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. In which year Commercial Paper was introduced in India?
- 1975
- 1985
- 1990
- 1965
- None of these
7. MTSS is a way of transferring personal remittances from abroad to beneficiaries in India. What does MTSS stand for?
- Mobile Transfer Service System
- Money Transfer System Scheme
- Money Timing Service System
- Market Transfer Service System
- Money Transfer Service System
8. What does meaning of “Cs” in PSLCs?
- Cash
- Cities
- Certificates
- Common
- None of these
9. Where is the corporate office of MUDRA Bank?
- Kolkata
- Bengaluru
- Mumbai
- New Delhi
- Chennai
10. Minimum amount that can be invested in Kisan Vikas Patra (KVP) and in how many months amount invested in KVP would get doubled?
- 1000 and 100 months
- 10000 and 112 months
- 500 and 113 months
- 2000 and 115 months
- 1000 and 113 months
Answers:
- 2
- 4
- 1
- 4
- 2
- 3
- 5
- 3
- 3
- 5