Bank Related Questions To Prepare For PO Exams

Dear Reader,
Below are given bank related questions which you can expect in general awareness part in PO exams.

Question 1

Among the following options who can be a nominee for savings account in a bank ?
a) Relative only
b) Any Account holder only
c) Blood relation only

d) Friends Only
Answer : c) Blood relation only

Question 2

RBI issuing currency is called as _____ .
a) Legal Tender
b) Currency Tender
c) Finance Tender
d) All the above
Answer : a) Legal Tender

Question 3

During which year the usage of Rs.1000, Rs.10,000 and Rs. 5000 was stopped for the second time ?
a) 1984
b) 1973
c) 1981
d) 1978
Answer : d) 1978

Question 4

Every year the volume and value of the currency note to be printed is decided by ______ .
a) Finance Minister
b) Indian Bank Association
c) RBI
d) None of these
Answer : c) RBI

Question 5

ICRA stands for ______.
a) Investment Information and Credit Rating Agency of India Limited
b) Investment and Credit Rating Agency of India Limited
c) Investment Information and Cash Rating Agency of India Limited
d) Investment Information and Credit Rate Agency of India Limited
Answer : a) Investment Information and Credit Rating Agency of India Limited

Question 6

Among the following options which is not a negotiable instrument ?
a) Cheques
b) Demand Draft
c) Deposit receipts
d) Promissory notes
Answer : c) Deposit receipts