Bank General Awareness Questions

Dear Reader,
Below are given questions related to banking to update you with the bank terms and concepts.
Question 1
Imprisonment for melting or destructing coins is _______ years.
a) 3 to 6
b) 5 to 7
c) 2 to 4

d) 4 to 8
Answer : b) 5 to 7
Question 2
Net Interest Income is the difference between interest earned and _______.
a) Interest Paid
b) Income tax
c) Dividend
d) None of these
Answer : a) Interest Paid
Question 3
The first bank to introduce Point of Sales Terminal (POS) is _______ .
a) Axis bank
b) IOB
c) UBI
d) SBI
Answer : c) UBI
Question 4
Repo rate and Reverse Repo rate are included in ______ .
a) Interest Corridor
b) Paid Interest
c) Gross Interest
d) Free Interest
Answer : a) Interest Corridor
Question 5
One Rupee note contains the signature of ______ .
a) Finance Minister
b) Finance Secretary
c) Chief Justice
d) President
Answer : b) Finance Secretary
Question 6
National Institute of Bank Management is the Training College of _______ .
a) Finance Ministry
b) RBI
c) SEBI
d) None of these
Answer : b) RBI
Question 7
The lowest denomination of currency is ________ .
a) 5 rupee
b) 1 rupee
c) 2 rupee
d) 10 rupee
Answer : b) 1 rupee