Banking Jobs IBPS Questions

Sep 22, 2013

Banking Related GK

1. A nationalized bank is also called by the following name (1) Private Sector Bank (2) Self Help Group (3) Cooperative Bank (4) Grameen Bank (5) Public Sector Bank banking related gk 2. Nomination for a deposit account in the bank means (1) Mandate given by the close relative/s of the depositor to settle the death claim in case of death of the depositor. (2) Mandate decide by the bank to settle the death claim of its depositor. (3) Mandate of the depositor in favour of one or more person, to claim the amount on death of the depositor. (4) Mandate of the depositor in favour of a close relative who can claim the amount on death of the depositor. (5) Court order instructing the banks to settle the death claim of its depositors. 3. In the following accounts operation by cheques is permitted (1) Savings bank accounts and fixed deposit accounts. (2) Current account and fixed deposit account (3) Savings bank account and floating loan account (4) Savings bank accounts and cash accounts. (5) Savings bank accounts and current accounts. 4. Banks can not do the following business (1) Accept demand and time deposits from public (2) Accept items for keeping in safe custody (3) Sell gold coins (4) Buy commodities for trading (5) Accept foreign currency for selling to money changers. 5. ‘Bulls and Bares’ are terms used in (1) Bullion markets (2) Vegetable markets (3) Stock Exchange (4) Commodity markets (5) None of these
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