2
Q:

Which of the following banks has launched contactless ‘RuPay Select’ debit card in association with NPCI (National Payment Corporation of India) in December 2020?

 

A) Central Bank of India B) ICICI
C) HDFC D) SBI

Answer:   A) Central Bank of India



Explanation:
Subject: Business Awareness
Exam Prep: Bank Exams
Q:

The rate of interest on which commercial banks borrow money from RBI to meet their short term credit needs is known as:

 

A) Sub-Prime Lending Rate B) Statutory Lending Rate
C) Prime Lending Rate D) Bank Rate
 
Answer & Explanation Answer: D) Bank Rate

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Exam Prep: Bank Exams

3 635
Q:

With reference to the banking system of India, what does NEFT stand for?

 

A) National Equity Finance Transaction B) National Equity Funds Transaction
C) National Electronic Finance Transfer D) National Electronic Funds Transfer
 
Answer & Explanation Answer: D) National Electronic Funds Transfer

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Exam Prep: Bank Exams

3 6359
Q:

In the context of banking system in India what is the fullform of RTGS

 

A) Random Time Gross Settlement B) Real Time Gain Settlement
C) Reel Time Gain Settlement D) Real Time Gross Settlement
 
Answer & Explanation Answer: D) Real Time Gross Settlement

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5 8501
Q:

Which application was launched by Reserve Bank of India in January 2020 to help visually challenged people identify new currency notes?

 

A) OLTAS B) NEFT
C) MANI D) DRI
 
Answer & Explanation Answer: C) MANI

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Exam Prep: Bank Exams

1 827
Q:

Which of the following is NOT a credit rating agency in India?

 

A) RBI   B) CRISIL  
C) CARE   D) ICRA  
 
Answer & Explanation Answer: A) RBI  

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3 3037
Q:

Who among the following was appointed as the Deputy Governor of Reserve Bank of India (RBI) in January 2020?

 

A) NS Vishwanathan   B) BP Kanungo  
C) Michael Debabrata Patra   D) Viral Acharya  
 
Answer & Explanation Answer: C) Michael Debabrata Patra  

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Exam Prep: Bank Exams

3 680
Q:

What is the most direct cause of customer loyalty?

 

A) Friendly staff B) High food safety standards
C) Good records D) Delicious food
 
Answer & Explanation Answer: B) High food safety standards

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12 5471
Q:

The basic goal of integrated marketing communications is to

 

 

A) communicate the value proposition to the target market B) tell the world about your company
C) create desire D) manipulate consumers
 
Answer & Explanation Answer: A) communicate the value proposition to the target market

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8 4050