Indian Overseas Bank LBO – Mock 01

Question: In which year was Indian Overseas Bank nationalized along with 13 other major banks? (a) 1955 (b) 1969 (c)

Question: Which customer digital banking assist and onboarding app has IOB launched? (a) IOB Nanban (b) IOB Saathi (c) IOB

Question: What is the official corporate tagline of Indian Overseas Bank (IOB)? (a) Good People to Grow With (b) One

Question: Who was the founder of Indian Overseas Bank in February 1937? (a) Shri M. Ct. M. Chidambaram Chettyar (b)

Question: Under Section 9 of BR Act 1949, maximum period a bank can hold immovable property acquired in satisfaction of

Question: Where is the Central Office / Headquarters of Indian Overseas Bank (IOB) situated? (a) Bengaluru, Karnataka (b) Chennai, Tamil

Question: In NEFT, batch settlements are processed 24×7 at what time intervals? (a) 15-minute intervals (b) Half-hourly (30-minute) intervals (c)

Question: Reserve Bank of India (RBI) commenced operations on April 1, 1935 under which Act? (a) RBI Act 1934 (b)

Question: Prompt Corrective Action (PCA) framework monitors banks based on which financial parameters? (a) CRAR, Net NPA, and Leverage Ratio

Question: Minimum transaction amount required for processing transfer via RTGS in India? (a) ₹50,000 (b) ₹1 Lakh (c) ₹2 Lakhs