General Awareness Questions for IBPS Bank Exams
| 5. |
Which of the following types of accounts are known as Demat Accounts? |
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- A. Accounts which are operated through internet banking facility
- B. Accounts in which shares of various companies are traded in electronic form
- C. Accounts which are opened to facilitate repayment of a loan taken from the bank. No other business can be conducted from there
- D. Accounts which are zero balance Accounts
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| 6. |
What is Repo Rate? |
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- A. It is a rate which is offered by banks to their most valued customers or prime customers
- B. It is a rate at which RBI allows small loans in the market
- C. It is a rate at which RBI buys Government securities from banks
- D. It is a rate at which RBI sells Government securities to banks
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| 7. |
When Reserve Bank of India announces an increase of the Cash Reserve Ratio (CRR), what does it mean? |
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- A. The commercial banks will have move money to lend
- B. The Union Government will have less money to lend
- C. The Reserve Bank of India will have less money to lend
- D. The Commercial banks will has been money to lend
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| 8. |
As per RBI directives, which of the following functions cannot be outsourced by the Banks? |
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- A. Credit cards and debit cards
- B. Recovery of bad loans
- C. Cash collections from the parties
- D. Opening and closing of accounts
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