Questions on Day to Day Banking

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Hello Readers,

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

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1. What is a stale cheque?
a) A cheque issued without drawer’s signature.
b) A cheque with only signature of the drawer.
c) A cheque which has completed 3 months from the date of its issue.
d) Any one of the above.
e) None

2. Interest on savings bank account is now calculated by banks on?
a) Minimum balance during the month
b) Minimum balance from 7th to last day of the month
c) Minimum balance from 10th to last day of the month
d) Maximum balance during the month
e) Daily product basis

3. Largest shareholder (in percentage shareholding) of a Nationalized bank is ?
a) RBI
b) NABARD
c) LIC
d) Govt of India
e) IBA

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