Banking Awareness Questions Related to JAIIB AND General Banking

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Banking Awareness Questions Related to JAIIB AND General Banking

Banking Awareness Questions Related to JAIIB AND General Banking

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Banking Awareness is a important part of banking Exams. This sheet is related to Banking Awareness Questions related to JAIIB and General Banking. Last year a lot of questions were asked from related topics. Do give us a review.

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1. AML Stands For
A) Anti-Monetary Law
B) Anti-Money Laundering law
C) Anti-Money Movement Law
D) Anti-Market Speculation Law
E) None of these

2. Suppose a customer opens an account on 7th September 2015 and a cheque of his account comes for passing dated 4th September 2015. What will the bank do?
A) Pass the cheques
B) Return the cheques
C) Mark the cheques as stalemate
D) Mark the cheques as in-sufficient and ask a clarification from customer
E) None of these

3. Nomination comes into force when
A) The account holder has died
B) There is a dispute between account holder and Nominee
C) All assets of account holder has been transferred to some other person
D) The account holder becomes insolvent.
E) None of these

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