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  • Question
  • Which Bank has obtained RBI approval to open representative offices in Kuwait and Singapore?


  • Options
  • A. SBI
  • B. Federal Bank
  • C. HDFC
  • D. ICICI

  • Correct Answer
  • Federal Bank 

    Explanation

    Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.

    The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

    The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.

  • Tags: Bank Exams, CAT, Bank Clerk, Bank PO

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    • Options
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    • B. 200
    • C. 500
    • D. 1000
    • Discuss
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    • Options
    • A. Mutual Fund
    • B. Income Tax
    • C. Stock Exchange
    • D. Banking
    • Discuss
    • 3. What is the minimum period of time for which one can open an FD(Fixed Deposit) account ?

    • Options
    • A. 15 days
    • B. 6 months
    • C. 7 days
    • D. 1 year
    • Discuss
    • 4. Which Bank has been given scheduled bank status by RBI ?

    • Options
    • A. Disha
    • B. Suryoday
    • C. Janalakshmi
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    • Options
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    • B. Accounts Payable
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    • D. None of the above
    • Discuss
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    • Options
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    • B. Protected
    • C. Default
    • D. Private
    • Discuss
    • 9. In which year, the first bank of India "Bank of Hindustan" was established ?

    • Options
    • A. 1677
    • B. 1770
    • C. 1796
    • D. 1831
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    • Options
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