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Banking Awareness Questions - 7th September 2014 by BankExamzGuru

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Here I am sharing some banking questions which are important for bank exams.
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Banking Awareness Questions - 7th September 2014

311. Opening of branches by Banks is covered under _ of the Banking Regulation Act,1949:
Answer: Section 23

312. Banks have to file with Income Tax Department returns on a __ basis in respect of Interest paid to resident depositors not exceeding Rs. 10,000:
Answer: Quarterly

313. RBI's permission to open a bank branch is valid for _ from the date of the consolidated authorization letter issued by it:
Answer: one year

314. ____ is related to 'Yellow Revolution' :
Answer: Oilseeds Production

315. Annual growth rate of national income was recorded lowest during:
Answer: Third Plan

316. According to the Sarva Shiksha Abhiyan, India's every child would be able to go to school by:
Answer: 2015

317. Banks prefer going. to Lok Adalat because:
Answer: No court fees,' no appeal and compromise decree.

318. NICL is abbreviation of:
Answer: National Insurance Company Ltd.

319. Who decides the quantum of agricultural finance
Answer: District Technical Committee.

320. The term Insider Trading refers to:
Answer: Sale and Purchase of shares based on classified information available to those connected with company.

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