IBPS General knowledge / general awareness Questions and Answers in Banking IBPS SBI PO Clerical and RRB PDF Download Test 19

IBPS General knowledge / general awareness Questions and Answers in Banking IBPS SBI PO Clerical and RRB PDF Download Test 19 

1. Ranjan Mathai has been appointed as the New High Commissioner to .......
USA
Japan
UK
Pakistan
Bangladesh
2. US President Barack Obama nominated Janet L. Yellen as the new ......
Head of the Federal Reserve Board
Vice-president of USA
Ambassador of USA to Russia
Envoy of USA to India for the Nuclear Deal
None
3. The features of Demand Draft given. Locate the wrong option?
It is drawn by a bank upon its own branch or another bank.
It is payable on demand and it cannot be made payable to bearer
Payment of a demand draft cannot be stopped or countermanded. Due to this reason, the payment is demanded through a bank Draft.
Demand Draft valid for 3 months.
None
4. A Demand Draft payable to bearer may be issued only by......
RBI
SBI
SEBI
Private Banks
None of above
5. Payment of a lost Demand Draft is made to the ........
Purchaser
RBI
Friend of purchaser
Guarantor
None
6. If the original Demand Draft is lost, the bank issues duplicate Demand Draft, by taking....?
Permission from RBI
Assurance from the purchaser of Draft on white paper.
Rs.50 as simply penalty
Indemnity bond from the purchaser of Draft.
Permission from district authorities of state government
7. Unsigned Demand Draft is presented for payment, then drawee branch should...?
Dishonour it, since it does not have a mandate of the drawer bank to pay.
Honour it as it is a negotiable instrument
Honour it after seeking compliant from the collecting bank.
Pay simply as it is issued by another bank
None of above
8. Lokesh deposited Rs.10000 in Union Bank of India and got Demand Draft. He wants to cancel the Demand Draft. Then....?
Once Demand Draft issued, it cannot be cancelled.
Demand Draft can be cancelled by Union Bank of India. However the cancellation charges may be there.
He can approach any public sector bank to cancel the Demand Draft , as Union Bank of India is also a Public Sector Bank.
Only after 90 days the Demand Draft can be cancelled, as the Demand Drafts cannot be cancelled during the valid date period.
Lokesh should get permission from RBI to get the cancellation of Demand Draft.
9. Cash credit is one of the form of.......
Recurring credit to NRI
Withdrawal facility in minor account
Loan
Cash deposit slip in bank branch
Credit deposit slip
10. Which familiar infra group made a Memorandum of Understanding (MOU) with Liberia to set up 50 MW power plant in Liberia?
Tata Group
Birla Group
Jindal Group
Laxmi Mittal Group
None
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Correct answers:

General awareness Questions and Answers for IBPS PO RRB Clerical Bank Exams PDF Quiz Mode Test 18