Banking Awareness Questions - 1st September 2014 by BankExamzGuru

Dear Friends,
Here I am sharing some banking questions which are important for bank exams.
Please share this post on your time line.

Banking Awareness Questions - 1st September 2014

251. Which sector has become the world's biggest source of employment:
Answer: Services

252. Foreign Banks in India and Indian banks having presence outside India are to comply with Basel II norms w.e.f.:
Answer: 31st March, 2008

253. In the total food grain output of India, what is the share of Kharif Crops:
Answer: 50%

254. The Grameen Bank Model of micro-finance institution was developed originally by:
Answer: Bangladesh

255. Interest on Cash Reserve Ratio eligible balance is paid by RBI on __ basis:
Answer: No interest is paid

256. Banks are required to maintain minimum of __ of their CRR requirement on a daily basis:
Answer: 70%

257. Stamp duty payable on a Promissory Note is governed by :
Answer: Indian Stamps Act

258. Banks can raise up to __ of the total Tier-I capital in the form of perpetual debt:
Answer: 15%

259. The rate of commission paid by government for pension payment is :
Answer: . Rs. 60 per transaction

260. 'Customer' has been defined in :
Answer: KYC Guidelines

Please Share This Post On Your Time Line.
I always welcome updates, Suggestions and Modifications. Keep following me for regular updates.

Search My Name as " Gandhi Raveendra Reddy " in Facebook and Google , Add me as your friend and Keep Following me for Regular Updates on Bank Job Preparation.

Thank You for following me !!