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Question 441

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Parliament passed the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021 ensuring that account holders get up to ________ within 90 days of the RBI imposing a moratorium on the banks.

  1. AOption (a)

    Rs. 15 lakh

  2. BOption (b)

    Rs. 10 lakh

  3. COption (c)

    Rs. 5 lakh

  4. DOption (d)

    Rs. 2 lakh

  5. EOption (e)

    Rs. 12 lakh

View answer & explanation

Correct answer

Answer: (a)A.

Rs. 15 lakh

Explanation not yet available.

Question 442

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

A cash credit account will become NPA if it ________

  1. AOption (a)

    Remains out of order for more than 90 days 

  2. BOption (b)

    Stock statement not submitted for 60 days

  3. COption (c)

    Account not reviewed for 3 months

  4. DOption (d)

    Remains out of order for more than 180 days

  5. EOption (e)

    Stock statement not submitted for 365 days

View answer & explanation

Correct answer

Answer: (a)A.

Remains out of order for more than 90 days 

Explanation not yet available.

Question 443

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Which of the following is known as Plastic money?

i) Demand Draft

ii) Credit Card

iii) Debit Card

  1. AOption (a)

    Only i)

  2. BOption (b)

    Only ii)

  3. COption (c)

    Only iii)

  4. DOption (d)

    Both ii) and iii)

  5. EOption (e)

    All i), ii) and iii)

View answer & explanation

Correct answer

Answer: (a)A.

Only i)

Explanation not yet available.

Question 444

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Who assumed the role of  President of World Bank in 2019 ?

  1. AOption (a)

    Jim Yong Kim

  2. BOption (b)

    Boyko Borisov

  3. COption (c)

    Günther Oettinger

  4. DOption (d)

    David Malpass

  5. EOption (e)

    Irina Bokova

View answer & explanation

Correct answer

Answer: (a)A.

Jim Yong Kim

Explanation not yet available.

Question 445

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

As per the newly constituted Digital Payments Index (RBI-DPI), Digital payment has the growth of what percentage in FY 21? (July)

  1. AOption (a)

    15.6%

  2. BOption (b)

    35.9%

  3. COption (c)

    30.2%

  4. DOption (d)

    25.6%

  5. EOption (e)

    20.9%

View answer & explanation

Correct answer

Answer: (a)A.

15.6%

Explanation not yet available.

Question 446

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Which among the following are the types of mutual funds?

  1. AOption (a)

    Equity funds

  2. BOption (b)

    Debt funds

  3. COption (c)

    Hybrid funds

  4. DOption (d)

    Both (1) and (2) are true

  5. EOption (e)

    All (1), (2) and (3) are true

View answer & explanation

Correct answer

Answer: (a)A.

Equity funds

Explanation not yet available.

Question 447

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Which of the following given options is not the type of Fiscal bill presented by the Government of India?

  1. AOption (a)

    728 days

  2. BOption (b)

    91 days

  3. COption (c)

    182 days

  4. DOption (d)

    364 days

  5. EOption (e)

    None of these

View answer & explanation

Correct answer

Answer: (a)A.

728 days

Explanation not yet available.

Question 448

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

Which among the following is the first bank to start internet banking services in India?

  1. AOption (a)

    Punjab National Bank

  2. BOption (b)

    State Bank of India

  3. COption (c)

    HDFC Bank

  4. DOption (d)

    HSBC Bank

  5. EOption (e)

    ICICI Bank

View answer & explanation

Correct answer

Answer: (a)A.

Punjab National Bank

Explanation not yet available.

Question 449

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

What is Consumer price index (CPI)?

  1. AOption (a)

    It measures changes in the price level of a market basket of consumer goods and services purchased by households.

  2. BOption (b)

    Is a tool used by collectors and investors to track values of collectibles against collectors market from a specific date, calculated in form of Index. It measures the value of a section of the collectors market and computed from the prices of selected collectibles, typically a weighted average.

  3. COption (c)

    It measures changes in the prices paid for goods and services used in crop and livestock production and family living.

  4. DOption (d)

    A theoretical price index that measures relative cost of living over time or regions.

  5. EOption (e)

    A quarterly economic series detailing the changes in the costs of labor for businesses in the country

View answer & explanation

Correct answer

Answer: (a)A.

It measures changes in the price level of a market basket of consumer goods and services purchased by households.

Explanation not yet available.

Question 450

IDBI Assistant Manager 2021• General/Economy/Banking Awareness

What is White label ATM?

  1. AOption (a)

    ATM set up by Commercial Banks

  2. BOption (b)

    ATM set up by Scheduled Banks

  3. COption (c)

    ATM set up by Non-Banks.

  4. DOption (d)

    ATM Franchise set up by Foreign Banks

  5. EOption (e)

    None of these.

View answer & explanation

Correct answer

Answer: (a)A.

ATM set up by Commercial Banks

Explanation not yet available.