Central Bank of India Recruitment 2018 Office Asst & Faculty Posts

Central Bank of India Recruitment 2018 – Office Asst & Faculty Posts: Central Bank of India has given an employment notification for the recruitment of Office Assistant & Faculty vacancies on contract basis. Eligible candidates may apply in the prescribed format on or before 09-01-2018. Other details like age, educational qualification, selection process & how […]
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Banking Awareness QUIZ 2

Q1. Which among the following banks has launched a Multi-currency Forex Card for overseas travellers recently? (a) South Indian Bank (b) ICICI Bank (c) Kotak Mahindra Bank (d) Standard Chartered Bank (e) Yes Bank S1. Ans.(d) Sol. Standard Chartered Bank has launched a Multi-currency Forex Card for overseas travelers. The card will allow customers the convenience of loading […]
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Banking Awareness QUIZ 3

Q1. PSLCs are tradable certificates issued against priority sector loans of banks. What does meaning of “Cs” in PSLCs? (a) Cess (b) Cities (c) Census (d) Certificates (e) None of the given options is true   S1. Ans.(d) Sol. PSLCs stands for Priority Sector Lending Certificates. Q2. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking […]
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Banking Awareness QUIZ 4

Q1. In terms of Section ________ of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including the management of the public debt of the Union. (a) section 16 (b) section 22 (c) section 32 […]
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Banking Awareness QUIZ 5

Q1. Which Act was framed specially to deal with Non-Performing Assets (NPA)? (a) Banking Regulation Act 1949 (b) Foreign Exchange Management Act(FEMA) 1999 (c) Industrial Disputes Act 1947 (d) SARFAESI Act, 2002 (e) None of the given options is true S1. Ans.(d) Sol. SARFAESI Act (The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, […]
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Banking Awareness QUIZ 6

Q1. ___________ is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which settles transactions in batches. (a) NEFT (b) RTGS (c) NPCI (d) BBPS (e) IMPS S1. Ans.(a) Sol. National Electronics Funds Transfer (NEFT) is an electronic fund transfer system that operates on a Deferred Net Settlement (DNS) basis which […]
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Banking Awareness QUIZ 7

Q1. A worldwide financial messaging network which exchanges messages between banks and financial institutions is known as _________ (a) SWIFT (b) Basel (c) RTGS (d) NEFT (e) AIIB S1. Ans.(a) Sol. Society for Worldwide Inter bank Financial Telecommunication (SWIFT) code . An internationally-recognized identification code for banks around the world. SWIFT codes are most commonly […]
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Banking Awareness QUIZ 8

Q1. A centralised database with online connectivity to branches and the Internet as well as ATM Network which has been adopted by almost all major banks of our country is known as_________ (a) Investment Banking (b) Mobile Banking (c) Specialised Banking (d) Core Banking Solution (e) None of the given options is true S1. Ans.(d) […]
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Banking Awareness QUIZ 9

Q1. E-KYC is possible only for those who have _______ (a) PAN Card (b) Driving License (c) Ration Card (d) Aadhaar Number (e) None of the given options is true S1. Ans.(d) Sol. e-KYC is possible only for those who have Aadhaar numbers. While using e-KYC service, you have to authorise the Unique Identification Authority of […]
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Banking Awareness QUIZ 10

Q1. The Reserve Bank of India has allowed systematically important non-banking finance companies (NBFCs) to sell and market the NPS. NPS stands for- (a) New Product Scheme (b) Nominal Pension Scheme (c) New Pension Service (d) New Pension Scheme (e) National Pension Scheme S1. Ans.(d) Sol. The Reserve Bank of India has allowed systematically important non-banking […]
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