Here I am sharing some banking questions which are important for bank exams.
Please share this post on your time line.
Banking Awareness Questions - 27th August 2014
211. Material alteration:
Answer: Requires drawers authentication.
212. Possession & ownership with borrower :
213. Safe Custody is covered under which act :
Answer: Indian Contract Act
214. Safe Deposit Locker relationship with banker is :
Answer: Lessor• Lessee.
215. Debt Equity Ratio :
Answer: Type of Solvency Ratio
216. Break even point means :
Answer: No profit no loss.
217. Target of agriculture finance :
Answer: 18% of ANBC or Credit balance of off Balance sheet items, whichever is higher.
218. Under RTI Act, the person seeking information should have qualifying eligibility of:
Answer: Indian Citizenship .
219. Minimum and maximum maturity period of a Commercial Paper:
Answer: 7 days and 1 year.
220. New name of the Ministry of NRI Affairs :
Answer: Ministry of Overseas Indian Affairs.
Please Share This Post On Your Time Line.
I always welcome updates, Suggestions and Modifications. Keep following me for regular updates.
Search My Name as " Gandhi Raveendra Reddy " in Facebook and Google , Add me as your friend and Keep Following me for Regular Updates on Bank Job Preparation.
Thank You for following me !!