Which was the first Bank to be established in 1148?
Answer: D
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Which of the following is not true about Payments Bank?
Answer: D
The banks must maintain CRR, minimum 75% of demand deposits in government bonds of up to one year and maximum 25% in current and fixed deposits with other scheduled commercial banks for operational purposes and liquidity management.
Payments Bank are not allowed to give loans of any amount.
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The commercial bank do not perform one function out of the following
Answer: C
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Which of the following banks launched country’s first automated teller machine (ATM) which can be operated independently by a visually impaired person, know as ‘Talking ATM’?
Answer: B
Country’s first automated teller machine (ATM) which can be operated independently by a visually impaired person, know as ‘Talking ATM’ was installed at the premises of the Blind People’s Association (BPA) in Ahmedabad by the Union Bank of India (UBI).
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Which of the following banks created history in August 2015 by launching India’s first Mobile App for Bank Account opening?
Answer: B
In August 2015, creating history, Federal Bank launched India’s first Mobile App for Bank Account Opening. Bank introduced this unique facility of Mobile based Bank Account Opening as an upgrade to FedBook, its e-Passbook App.
With the new avatar of FedBook, anyone having an Aadhaar Card and PAN Card, can open a Savings Bank Account and get their Account Number instantly using a mobile from anywhere.
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The number of approved stock exchange in India is
Answer: A
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Banking ombudsman may reject the complaint
Answer: C
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IDBI serves as the ------------------- institution for term finance to industries.
Answer: A
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Which of the following limits the power of credit creation by Commercial Bank
Answer: D
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The most important reason for an investor to go for a bank deposit is
Answer: A
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