Banking Awareness Test for IBPS, RBI, SBI, NABARD & other Bank Examinations


Q.  What is the full form of APR?

a. Annual Priority Rates
b. Annual Percentage Rates
c. Amoritized Priority Rates
d. None of the above


ANSWER: See Answer
 
An annual percentage rate (APR) is the annual rate charged for borrowing through an investment. It is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
MCQs:  What is the population limit at a place under which the banks don’t require a license from RBI to open a branch?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following comes under Statutory Pre-emotions?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  When was the Government Securities Act passed?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of these banks are authorised to act as the agent of RBI?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Why do banks borrow money in the call money market?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  When was the SARFAESI Act enacted?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which organisation developed BHIM Application?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  When was UPI service launched?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  What is the length of UPI pin?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following is/are included in FOREX? 1. Foreign currency assets held by the RBI 2. Gold holdings of the RBI 3. SDRs 4. Reserve position in the IMF
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following is facilitated by Foreign Exchange Reserves?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following about money supply measures adopted in 1998 is wrong?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Balance in a current account is classified as which of the following?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  On which architecture is UPI built upon?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following is/are not included in FOREX? 1: Foreign currency assets held by the RBI 2: Gold holdings of the RBI 3: SDRs 4: Reserve position in the IMF Select the correct answer:
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  What is the frequency of publishing of the report on management od FOREX Exchange Reserves (FER) by RBI?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which of the following is the biggest contributor of foreign exchange reserve of India?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  What is OTP in credit card transaction?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Which among the following is correct?
Category: Banking Exam Questions,   Published by: teswesm
MCQs:  Credit Card is an essential component of which of the following?
Category: Banking Exam Questions,   Published by: teswesm