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

Q1231.
Which among the following terms is NOT associated with banking sector ?  
1) Syndication 2) Sub-prime
3) Prime Meridian 4) Corporate finance
5)Sub-standard assets
Answer : Prime Meridian
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Q1232.
Which institutions are associated with the regulation of finance-related activities in India ?
1) IFFCO 2) FMC
3) ICERT 4) IDBI
5)None of these
Answer : FMC
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Q1233.
Which Acts enables banks to reduce their non-performing assets (NPAs) by adopting measures for recovery or reconstruction ?   
1) SARFAESI Act 2) State Bank of India Act
3) RBI Act 4) Banking Regulation Act
5)None of these
Answer : SARFAESI Act
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Q1234.
At present, how many Regional Rural Banks (RRBs) are there in India ?
1) 56 2) 75
3) 84 4) 124
5)None of these
Answer : 56
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Q1235.
Who have been conferred the India's highest civilian honor, the Bharat Ratna, recently ? 
1) Madan Mohan Malaviya 2) Atal Bihari Vajpayee
3) Dhyan Chand 4) Both 1 & 2
5)All of the above
Answer : Both 1 & 2
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Q1236.
Which institutions are formally known as the World Bank?
1) International Bank for Reconstruction and Development (IBRD) 2) Asian Development Fund (ADB)
3) International Monetary Fund (IMF) 4) World Trade Organisation (WTO)
5)None of these
Answer : International Bank for Reconstruction and Development (IBRD)
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Q1237.
What is base rate ?
1) Interest charged by the RBI from PSBs on advances 2) Interest rate payable on fixed deposits
3) Interest rate payable on demand deposits 4) Minimum interest rate fixed by banks below which they generally do not lend
5)None of these
Answer : Minimum interest rate fixed by banks below which they generally do not lend
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Q1238.
Which public sector non-banking entity is in the process of setting up around 3,000 of its own ATMs and 1.35 lakh micro-ATMs at its branches spread all across the country ?
1) LIC 2) Indian Railways
3) IRCTC 4) India Post
5)None of these
Answer : India Post
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Q1239.
Which professional services firm was hired by the Union Finance Ministry to undertake a validation exercise of the number of basic bank accounts opened by the banks under the Pradhan Mantri Jan Dhan Yojana (PMJDY) ?
1) Goldman Sachs 2) KPMG
3) JP Morgan 4) M. Porter
5)None of these
Answer : KPMG
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Q1240.
SBI was ranked No. 1 in the mobile banking segment in the country, as reported in a report released by the RBI. What the approximate number of mobile banking users of SBI was as stated in this report ? 
1) Around 1.15 crore 2) Over 2 crore
3) Around 80.5 lakh 4) Over 3.25 crore
5)None of these
Answer : Around 1.15 crore
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