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Awareness

ISBT Awareness for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q1041.
If a person has received a sum of Rs. 10000 from his friend. He wants to deposit this sum in a bank under a condition of not to withdraw fully or partially for at least two years. He will be needed to open which type of account in the bank ?
1) Small savings account 2) Current account
3) Fixed deposit account 4) Demat account
5)None of these
Answer : Fixed deposit account
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Q1042.
Many Banks these days are entering into business of offering loans against property. This business of the banks can be categorized under which of the following heads of banking ?

1) Corporate Banking 2) Personal Banking
3) Merchant Banking 4) Portfolio Management Service
5)None of these
Answer : Personal Banking
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Q1043.
Many a times we read in financial newspapers a term/name NMCEX. What is the full form of the same ?
1) New Multi Capital Exchange 2) National Medium Commodity Exchange
3) National Multi Commodity Exchange 4) Net Marketable Commodity Exchange
5)None of these
Answer : National Multi Commodity Exchange
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Q1044.
Which of the following is not a Public Sector Unit/Undertaking/Agency ?
1) ECGC 2) SEBI
3) SIDBI 4) Axis Bank
Answer : SEBI
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Q1045.
Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country ?
1) Inflation 2) Sensex
3) Human Development Index 4) SLR
5)None of these
Answer : Human Development Index
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Q1046.
Which of the following is considered an informal method of getting credit/finance ?
1) Internet Banking 2) Branch visits
3) Going to money lenders 4) Tele Banking
5)None of these
Answer : Going to money lenders
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Q1047.
As per the news appeared in some major newspapers India is number two in getting 'PE'. What is the full form of 'PE' as used in the financial world ?
1) Professional and Eco-friendly 2) Profitable Equity
3) Profitable and Economical 4) Private and Economical
5)Private Equity
Answer : Private Equity
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Q1048.
Which of the following is a type of tax levied by the Govt. on goods and services ?
1) SAT 2) NET
3) PAN 4) VAT
5)None of these
Answer : VAT
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Q1049.
Which of the following is known as Plastic money ?
A) Demand Draft B) Credit Card    C) Debit Card

1) Only A 2) Only B
3) Only C 4) Both B and C
5)All A, B and C
Answer : Both B and C
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Q1050.
The New Development Bank (NDB) being launched by the BRICS group of emerging economies plans to raise money both on local markets and internationally which the BRICS countries see as an alternative to the World Bank, headquarters at Shanghai. The bank has an initial paid capital of ---------- $ billion.
1) $50 billion 2) $60 billion
3) $100 billion 4) $200 billion
5)None of these
Answer : $50 billion
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