Important Banking Awareness Quiz – 119

1) If any Indian bank fails to maintain the required level of SLR, then the defaulter bank pays penal interest at the rate of ______ per annum above the Bank Rate on the shortfall amount for that particular day.
a) 4%
b) 5%
c) 3%
d) 2%
e) 6%

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2) The minimum limit(Earlier Limit) of SLR is ______
a) 20%
b) 25%
c) 35%
d) 40%
e) None of these

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3) GST is expected to be applicable from __________
a) October 31, 2017
b) August 31, 2017
c) July 31, 2017
D. June 30, 2017
e) July 01, 2017

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4) “P” in NUUP stands for _____
a) Platform
b) Product
c) Program
d) All of these
e)  None of these

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5) Which of the following taxes will be bound together by the GST?
a) Entry Tax
b) Purchase Tax
c) Luxury Tax
d) Advertisement taxes
e) All of these

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6) In JLF, L stands for………………..

a) Liability

b) Loan

c) Lender

d) Lending

e) None of these

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7) Which of the following taxes will be bound together by the GST?
a) Food Tax
b) Central Sales Tax (CST)
c) Octroi
d) Entertainment Tax
e) All of these

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8. In AEPS, “E” stands for ______
a) External
b) Export
c) Earned
d) Enabled
e) None of these

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9. Following the amendment of the Banking regulation Act(1949) in January 2017, the floor rate of SLR ______ was removed.
a) 20.25
b) 20.50
c) 20.75
D. 21.25
e) None of these

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10 ) Which among the following bank has issued notice that Maestro debit cards holders will face a card blockage if they fail to replace it with a more secure EMV chip based card by July 31st?

a) State Bank of India

b) Punjab National Bank

c) Union Bank of India

d) Karnataka Bank

e) None of these

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Important Banking Awareness Quiz – 118

 


 

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