Question - 1
BANKING AWARENESS :
The functions of the lead bank are performed by:
SBI
RBI
Any bank
A bank designed for this purpose
None of these
Answer- D
Question - 2
BANKING AWARENESS :
Central Co-operative banks work at:
District level
State level
National level
Block level
None of these
Answer- A
Question - 3
BANKING AWARENESS :
The largest public sector commercial bank of India is the ____
Bank of India
RBI
SBI
Union bank of India
None of these
Answer- C
Question - 4
BANKING AWARENESS :
Which one of the following statements is correct regarding increase in the CRR in India?
It increases credit creation
It reduces credit creation
It does not affect credit
It denoted liberal monetary policy
None of these
Answer- B
Question - 5
BANKING AWARENESS :
Which among the following sectors contributes most to the saving in India?
Banking and financial sector
Private corporate sector
Export sector
Household sector
None of these
Answer- D
Question - 6
BANKING AWARENESS :
The EXIM bank of India was established in ____
Answer- D
Question - 7
BANKING AWARENESS :
The term plastic money applies to____
Bank draft made of plastic coated paper
Currency notes impregnated with plastic thread
Currency notes printed on plastic coated paper
Credit cards mainly issued by the banks
None of these
Answer- D
Question - 8
BANKING AWARENESS :
Government of India, for the first time nationalized 14 large commercial banks in the year___
1956
1959
1969
1972
None of these
Answer- C
Question - 9
BANKING AWARENESS :
PAN card issued by the income tax department cannot be used for which of the following purpose?
Proof of identity
Proof of a registered tax payer
Proof of address
Proof of date of birth
None of these
Answer- B
Question - 10
BANKING AWARENESS :
Mohammad yunnus, who has been awarded Nobel peace prize in 2006, is a citizen of___
Bangladesh
Iran
Malaysia
Pakistan
None of these
Answer- A
Question - 11
BANKING AWARENESS :
Which bank became the first bank to open its branch in china?
IDBI bank
HDFC bank
SBI
Punjab national bank
None of these
Answer- C
Question - 12
BANKING AWARENESS :
Which among the following is an asset for a commercial bank?
Credit to farmers
Deposit of public
Borrowings form RBI
Demand deposits of industries
None of these
Answer- C
Question - 13
BANKING AWARENESS :
The banks are required to maintain certain ratio between their cash in hand and total assets. This is called___
SLR
SBR
CBR
CRR
None of these
Answer- D
Question - 14
BANKING AWARENESS :
The interest rate at which the RBI lends to commercial banks in the short terms to maintain liquidity is known as___
Interest rate
Repo rate
Bank rate
Reverse repo rate
None of these
Answer- B
Question - 15
BANKING AWARENESS :
Which one of the following banks gives long term loans to agriculture?
State co-operative bank
Commercial bank
Primary credit society
Land development bank
None of these
Answer- A
Question - 16
BANKING AWARENESS :
Which of the following is the most important component of the liabilities of commercial banks in India?
Demand deposits
Time deposits
Inter-bank liabilities
Other borrowing
None of these
Answer- D
Question - 17
BANKING AWARENESS :
Which one of the following is not an apex institution?
SBI
NABARD
SIDBI
State co-operative bank
None of these
Answer- D
Question - 18
BANKING AWARENESS :
Which one of the following is not a function of RBI?
Credit control
As apex body of scheduled commercial banks
Formation of monetary policy
Credit creation
None of the above
Answer- D
Question - 19
BANKING AWARENESS :
Non- performing asset (NPA) in commercial banks mean____
Bank deposits which are not invested
Capital asset not in use
Loans in which interest or principal amount is not recovered
Loan interest rate loans
None of these
Answer- C
Question - 20
BANKING AWARENESS :
The bank rate is the rate at which___
A bank lends to the public
the RBI lends to the public
The RBI gives to the commercial banks
The government of India lends to other countries
None of these
Answer- C
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