Banking Awareness for IBPS 2015, SBI PO Examination 2015-16 IBPS 2016 Recruitment for Probationary Officers with Multiple Choice Questions on Structure of Banking in India

Which among the following types of Banking is most helpful in cross selling?

Which among the following types of Banking is most helpful in cross selling? [A]Virtual Banking [B]Relationship Banking [C]Wholesale Banking [D]Personal Banking Show Answer Relationship Banking Relationship banking is a banking system in which banks make deliberate efforts to understand customer needs and offer him products accordingly.

In terms with Banking Sector, Anywhere Banking refers to __:

In terms with Banking Sector, Anywhere Banking refers to __: [A]The customer can deposit/ withdraw cash at any branch other than the branch in which he holds the account [B]The customer can deposit/ withdraw cash at any bank other than the bank in which he holds the account [C]The customer can deposit/ withdraw cash in

Which country has largest shadow banking market in the world?

Which country has largest shadow banking market in the world? [A]China [B]UK [C]Netherland [D]USA Show Answer USA Shadow banking refers to the activities of financial institutions that operate outside government-regulated banking systems. United States has the largest shadow banking market followed UK and China.

What is the current number of Local Area Banks in India?

What is the current number of Local Area Banks in India? [A]Three [B]Four [C]Six [D]Eight Show Answer Four As of May 2015, these four local area banks are: 1.Coastal Local Area Bank Ltd – Vijayawada (Andhra Pradesh) 2.Capital Local Area Bank Ltd – Phagwara (Punjab) 3.Krishna Bhima Samruddhi Local Area Bank Ltd, Mahbubnagar (Andhra Pradesh)

With reference to various types of Banking, what is “Mixed Banking”?

With reference to various types of Banking, what is “Mixed Banking”? [A]when banks undertake the activities of commercial and investment banking together [B]when banks undertake the activities of wholesale and retail banking together [C]when banks undertake the activities of offline and online banking together [D]when banks undertake the activities of commercial and cooperative banking together

Which of the following is NOT an advantage of Unit Banking?

Which of the following is NOT an advantage of Unit Banking? [A]They have fast decision making [B]The management enjoys more autonomy [C]They have risk diversification [D]All of above are advantages of Unit Banking Show Answer They have risk diversification Due to small size and due to unit structure; the decision making in unit banks is

In which country, the Unit Banking System originated?

In which country, the Unit Banking System originated? [A]United States [B]United Kingdom [C]France [D]Spain Show Answer United States Unit banking is a system of banking which originated in US. It is a limited way of banking where banks operate only from a single branch (or a few branches in the same area) taking care of

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