IIBF - BC / BF Exam Question and Answer l CSC l Indian Institute of Banking & Finance

IIBF - BC / BF Exam Question and Answer 1.Deposit under the Foreign Currency Non-Resident (FCNR) Scheme can be accepted for a minimum of A. 15 days B. 3 months C. 6 months D. 1 year Show Answer Ans: D 2. Who issue the Mudra Card to customer? A.Banks either directly or in association with MFLs B.MFls directly C. Mudra D.None of these Show Answer Ans: A 3. Which of the following Accounts are intended for keeping savings of individuals and small businesses for meeting their future money needs and banks pay interest on these accounts? A.Savings Account B.Fixed Deposit C. Current Account D.Recurring Account Show Answer Ans: A 4. Gold and Silver ornaments should be kept in bank lockers A.It is safe B.No risk of theft C. Both (a) & (b) D.None of above Show Answer Ans: C 5. A unit will be classified as a Medium Enterprise in the Service Sector if it's investment in equipment not exceeding Rs. A.5 Crores B.10 Crores C. 2 Crores D.1 Crores ...