Here I am sharing some banking questions which are important for bank exams.
411. Twin sisters of Bretton Woods:
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Answer: World Bank and IMF.
412. Which,type of Letter of Credits, pre-shipment credit is offered :
Answer: Red-clause letter of credit
413. Explain the term 'Islamic Banking' :
Answer: Banking without the factor like" Interest on money deposited or lent"
414. In Ombudsman Scheme, Customer Service Committee Report is to be submitted on __ basis :
415. The risk associated with higher foreign exchange reserves is :
Answer: Exchange rate movement risk
416. What is the maximum discount that a company can offer to retail investors for their public issues?:
417. Which country has chosen the face of its motherhood as the first woman to be featured in its banknotes? :
Answer: South Korea
418. India ranks as _ in the list of largest carbon emitters:
419. Who is the head of internal working gap set up by RBI to examine the recommendations of the Radhakrishna Export on Agricultural indebtedness?:
Answer: Mr V.S. Das
420. Account of Bank of America with us will be treated as:
Answer: Vostro account