DescriptionBANKING QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS

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Question: The major responsibilities of Asset Liability Committee are

Answer:All of the above

Question: What is "NIKKET"

Answer:Share price Index of Tokyo share market

Question: Asia's oldest stock exchange which completed 140 years of operations on 2015 July 9?


Question: The bank allowed by the FIPB to raise its FII cap to 55% recently:

Answer:Kotak Mahindra Bank

Question: Gilt - Edged Market refers to:

Answer:Most secured investment

Question: Which of the following terms is not used in the world of finance, banking and insurance?


Question: Which of the following organizations/ agencies frame the Monetary and Credit Policy which is followed by all banks in India?

Answer:Reserve Bank of India

Question: Upper limit prescribed for RTGS transaction is:

Answer:No upper limit is prescribed

Question: Which of the following bank launched "Project Tatkal" to expedite home loan applications?

Answer:HDFC Bank

Question: Taking banking technology to the common man is the tagline of:

Answer:Indian Bank

Question: What is 'Special Crossing'?

Answer:Any bank's name with or without two parallel lines and payable to collecting banker only.

Question: What is the rate of penalty applicable for payment of term deposit Pre maturely to legal heirs of a decreased customer on the request of the legal heirs?

Answer:No penalty is to be applied

Question: A person introducing an account to a bank is liable for

Answer:Establishing proper identity of the account holder only and no financial accountability in case
of any fraud etc.

Question: Which of the following does not find mention in the Negotiable Instrument Act?

Answer:Double crossing

Question: The Financial Results of the banks and other organisations normally are expressed in quarters. What does Q-I mean?

Answer:Performance during April- June

Question: Who is the regulator of payment and settlement system in India?


Question: The Gilt-Edged security market is the market for which of the following?

Answer:Market for government securities

Question: The IT firm which has launched, BaNCS Digital, specifically for American retail banks:


Question: The international bank which has announced to cut up to 50,000 jobs globally


Question: The stake the RBI has allowed banks to acquire in companies defaulting after restructuring of their loans upto:

Answer:61 percent