MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Consider the following statement (s) regarding Bandhan Bank.
I. Bandhan Bank started operating its banking services on 1st Oct, 2016.
II. RBI gave its final nod for banking services in 2015.
III. Head office of Bandhan Bank is in Kolkata.

Which of the above statement is/are correct?

50% studentsanswered this correctly

Important Questions on Financial Reforms in Banking Sector

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 63

Consider the following statement(s) regarding Islamic Banking.

I. It is based on the principles of Islamic law, also known as shariah.

II. The Dubai Islamic Bank is the world's first full-fledged Islamic bank.

III. Collecting interest is not permitted under Islamic law.

Which of the above statement is/are correct?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 64

Banks usually frame their KYC policies incorporating the following key elements.
I. Customer Policy
II. Customer Identification Procedures
III. Monitoring of Transactions
IV. Risk management
Which of the above statement is/are correct?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 65
NEFT means:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 66
Which of the following is the purpose of introducing 'Know Your Customer' norms by the banks? 
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 67
Which of the following is the popular name of the norms by which a bank satisfies itself about the customer's identity and activities?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 68
Which of the following is/was not included in the agenda set for the banking reforms in India? 
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 69
In respect of which one of the following areas, YH Malegam Committee has submitted its recommendations?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 70
Many times we read a term CBS used in banking operations. What is the full form of the letter C in the term 'CBS' ?