Banking Awareness Questions for Bank of Baroda PO Exam

Posted byadmin Published On April 11th, 2017 Leave a comment on Banking Awareness Questions for Bank of Baroda PO Exam

Dear Readers,

Just a few days are left for Bank of Baroda PO and NIACL Assistant Mains Examination. It is time to pace up your preparation of Banking Awareness for Bank of Baroda PO and NIACL Assistant Mains 2017. These Banking questions will also help you in preparing for SBI PO Mains 2017, and NICL AO Mains 2017 recruitment examination.

Q1. Small Industries Development Bank of India (SIDBI), set up under which Act?

(a) SIDBI Act–1989

(b) SIDBI Act–1987

(c) SIDBI Act–1986

(d) SIDBI Act–1985

(e) SIDBI Act–1990

Q2. How many types of PSLCs can be issued by the Banks?

(a) Four

(b) Five

(c) Six

(d) Eight

(e) Ten

Q3. Which among the following is/are the different type(s) of category under priority sector?

(a) Agriculture

(b) Micro, Small and Medium Enterprises

(c) Export Credit

(d) Education

(e) All of the above

Q4. What is the maximum limit of investment in equipment by a micro enterprise as per the MSMED Act 2006 in service enterprises?

(a) 5 lakh

(b) 10 lakh

(c) 15 lakh

(d) 20 lakh

(e) 25 lakh

Q5. What is the maximum limit of investment in equipment by a micro enterprise as per the MSMED Act 2006 in manufacturing enterprises?

(a) 5 lakh

(b) 10 lakh

(c) 15 lakh

(d) 20 lakh

(e) 25 lakh

Q6. Which among the following is/are seller(s) & buyer(s) of PSLCs?

(a) Scheduled Commercial Banks (SCBs)

(b) Regional Rural Banks (RRBs)

(c) Local Area Banks (LABs)

(d) All of the Above

(e) None of the above

Q7. The Priority Sector Lending Certificates (PSLCs) can be traded using the RBI’s_______

(a) e-Kuber portal

(b) NEFT

(c) RTGS

(d) Sachet

(e) NPCI

Q8. What is the maximum limit for housing loans under priority sector in metropolitan cities?

(a) 35 lakh

(b) 40 lakh

(c) 45 lakh

(d) 55 lakh

(e) 80 lakh

Q9. _________ is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh.

(a) Micro enterprise

(b) Medium enterprise

(c) Small enterprise

(d) All of the above

(e) None of the above

Q10. What is the maximum limit of investment in plant and machinery by a small enterprise as per the MSMED Act 2006?

(a) 5 crore

(b) 10 crore

(c) 15 crore

(d) 20 crore

(e) 25 crore

Q11. Which among the following bank has launched India’s first contact less mobile payment solution?

(a) ICICI

(b) Kotak Mahindra Bank

(c) Indus Bank

(d) South Indian Bank

(e) Karnataka Bank

Q12. What is the expiry date of Priority Sector Lending Certificates (PSLC)?

(a) April 01

(b) March 31

(c) June 30

(d) January 01

(e) July 31

Q13.__________ are certificates issued by banks that have overreached their priority sector lending targets.

(a) Commercial Papers

(b) Certificate of Deposits

(c) Treasury Bills

(d) Priority Sector Lending Certificates

(e) None of the above

Q14. Which of the following is not e-banking software?

(a) ECS

(b) RTGS

(c) PIPS

(d) NEFT

(e) None of the above

Q15. Indian Banking Regulation Act was passed in the year ___________

(a) 1989

(b) 1968

(c) 1949

(d) 1948

(e) 1935

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