Banking Awareness Test Questions

Q.  Which was the first bank to introduce credit card in India?

a. Canara Bank
b. Central Bank of India
c. Bank of Baroda
d. ICICI Bank


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Name the initiative launched by the Finance Minister Arun Jaitely to revamp functioning of public sector banks, PSBs on 14th Aug’15?
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MCQs:  Name the body of 'eminent' professionals and officials, which will replace the Appointments Board for appointment of Whole-time Directors as well as non-Executive Chairman of PSBs?
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MCQs:  Who has allowed banks to tie up with insurers, to sell three products each from life, non-life and standalone health insurance segment?
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MCQs:  The Reserve Bank of India will transfer its surplus profit of 65,896 crore rupees to the Centre. This amount is ___ percent higher than previous year.
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MCQs:  Which of the following got accredited by the Green Climate fund as a national implementing entity for undertaking climate change related projects in India?
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MCQs:  On 8th Aug’15 which bank has reported a 51% decline in its net profit to 256.7 crore rupees for the first quarter ended June 30 against the same quarter last fiscal?
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MCQs:  As per the notification by Reserve Bank of India (RBI) on 6th Aug’15, in which areas the banks are allowed to shift, merge or close branches without seeking its prior permission?
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MCQs:  On 6th Aug’15 the Lok Sabha adopted the Negotiable Instruments (Amendment) Bill 2015 that enables the _________.
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MCQs:  As announced by EPFO on 6th Aug’15, what amount of money would be invested by EPFO via Exchange Traded Funds (ETF)?
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MCQs:  Which temple in India has opened up a Demat account to accept donations from devotees in the form of shares and securities?
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MCQs:  Name the person elected as the new Chairman of the Life Insurance Council on 1st Aug’15?
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MCQs:  Name the mobile banking app of Kotak Mahindra Bank (KMB) launched primarily for “un-banked” regions?
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MCQs:  What amount of capital would be infused in Public Sector banks by Indian Government over a period of four years to improve capital ratio and fight with rising bad loans?
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MCQs:  What is the name of the project that is an ambitious project of the Union Finance Ministry to bring into net black money hoarders and tax evaders by using optimum technology?
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MCQs:  Which bank has acquired the Sharekhan.com- broking and trading company?
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MCQs:  How many firms have been banned by SEBI which are suspected to be platforms for tax evasion?
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MCQs:  Which stock exchange has launched an enhanced online system for Non-banking Financial Companies (NBFCs) to report data on pledged securities on a quarterly basis?
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MCQs:  Why did the Union Government on 21st July’15 extend Interest Subvention Scheme (ISS) to Public Sector Banks (PSBs), private sector commercial banks, rural regional banks (RRBs), cooperative banks and NABARD?
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MCQs:  Who has been appointed as the head of the 14 member committee that will work out a five-year action plan for financial inclusion?
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MCQs:  As per the RBI Guidelines, on which of the following days RTGS facility will not operate?
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