Questions

Q:

When an account is declared as Inoperative & Dormant Accounts?

A) Only after 2 years from the date of the lasttransaction B) Only after 3 years from the date of the lasttransaction
C) Only after 1 years from the date of the lasttransaction D) Only after 10 years from the date of thelast transaction
 
Answer & Explanation Answer: A) Only after 2 years from the date of the lasttransaction

Explanation:

Schedule bank’s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

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Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who is the present (2017) Secretary General of SAARC?

A) Tajuddin Ahmed B) Mujibur Rehman
C) Muhammad Mansur Ali D) Mr. Amjad Hussain B. Sial
 
Answer & Explanation Answer: D) Mr. Amjad Hussain B. Sial

Explanation:
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Q:

As of February 2018, who owns the Hyderabad-based IPL team 'Sun Risers Hyderabad'?

A) Deccan Chronicle Newspaper B) Kalanidhi Maran
C) Chandrababu Naidu D) Chiranjeevi
 
Answer & Explanation Answer: B) Kalanidhi Maran

Explanation:
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Q:

In September 2017, Link – IV Pipeline Canal of Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana was launched in ______.

A) Madhya Pradesh B) Rajasthan
C) Gujarat D) Maharashtra
 
Answer & Explanation Answer: C) Gujarat

Explanation:
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Q:

As of February 2018, who is the Indian-born CEO of the Nokia company?

A) Sundar Pichai B) Ajaypal Singh Banga
C) Rajeev Suri D) Satya Nadella
 
Answer & Explanation Answer: C) Rajeev Suri

Explanation:
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Q:

In Microsoft Word, _______ contains tools for standard tasks like saving, printing, cutting, copying, pasting etc.

A) Standard tool bar B) Menu bar
C) Formatting tool bar D) Status bar
 
Answer & Explanation Answer: A) Standard tool bar

Explanation:
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Q:

With reference to gravity, what is G called?

A) Gravitational constant B) Gravitational attraction
C) Gravitational force D) Acceleration due to gravity
 
Answer & Explanation Answer: A) Gravitational constant

Explanation:
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