BC / BF EXAM (IIBF) Series - 4 ( PROBABLE QUESTIONS AND ANSWERS )

61. ATM means

a) Any Time Money

b) Auto Truck of Mahindra

c) Automated Teller Machine

d) None of above

62. Timely repayment of loans results

a) Good reputation

b) No tension

c) Easily availability of loan in future

d) All of above

63. Defaulter of loan means

a) Not paying loan instalments

b) Bad reputation

c) Illegal activities

d) None of above

64. Life insurance means

a) Insurance of human

b) Insurance of life of human and Cattle

c) Insurance of Life of Machines

d) All of above

65. General Insurance relates to insurance against

a) Fire

b) Theft

c) Burglary

d) All of above

66. Aadhaar is

a) 12 digit number card

b) Identity proof issued by UIDAI

c) Both (a) & (b)

d) None of above

67. E or S means

a) East or South zone

b) Easy and Swift

c) Either or Survivor

d) None of above

68. Which is prohibited for writing on currency notes?

a) Political message

b) Religious message

c) Personal message

d) All of above

69. PPF means

a) Pension Planning Funds

b) Person having Pension Facilities

c) Public Provident Fund

d) Permanent Practitioner’s Forum

70. Highest denomination of currency notes issued by RBI is

a) Rs.100/-

b) Rs.500/-

c) Rs.1,000/-

d) Rs.10,000/-

71. NRI means

a) Non Rural Individuals

b) Non Rural Immigrants

c) Non Resident Indian

d) None of above

72. PAN means

a) A kind of utensil

b) Primary Account Number

c) Permanent Account Number

d) None of above

73. Bank provides loans for

a) Home

b) Car

c) Education

d) All of above

74. Which currency note has security thread?

a) Rs.50/-

b) Rs.100/-

c) Rs.500/-

d) All of above

75. The safest place for keeping money

a) A pit dug in the ground

b) An iron box

c) Bank

d) Money lender

76. Gold and silver ornaments should be kept in bank lockers

a) It is safe

b) No risk of theft

c) Both (a) & (b)

d) None of above

77. Currency notes are issued by

a) RBI

b) NABARD

c) Public sector banks

d) Central Government

78. Coins are issued by

a) Government of India

b) NABARD

c) Public sector banks

d) State Bank of India

79. Bank Pass Book is

a) Issued by Bank

b) Contains transaction details

of Bank account

c) Shows balance in account

d) All of above

80. Banks pays interest on

a) Deposits

b) Loans

c) Both (a) & (b)

d) None of above

Answers:-
  61.C     62.  D  63.  A    64.  A     65.D     66 . C     67. C      68. D    69. C    70. C 
  71. C    72.  C  73.  D    74. D      75.  C    76.   C    77.  A    78.  A   79. D    80. A   

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