Question - 1
Which of the following public sector banks has the largest number of branches in foreign countries?
Bank of India
Bank of Baroda
Punjab National Bank
Corporation Bank
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Solutions
Answer- B
Question - 2
The only merger of two public sector banks took place between -
Bank of India and New Bank of India
Punjab National Bank and New Bank of India
Allahabad Bank and United Bank of India
Punjab National Bank and Bank of Rajasthan
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Solutions
Answer- B
Question - 3
In 1919 Mahatma Gandhi inaugurated ____________ bank.
Bank of Maharashtra
Bank of Baroda
State Bank of Saurashtra
Union Bank of India
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Solutions
Answer- D
Question - 4
Which bank has the largest number of offices after the State bank of India?
Punjab National Bank
Bank of India
Andhra Bank
Canara Bank
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Solutions
Answer- A
Question - 5
Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?
Bank rate
Repo rate
Savings bank rate
Both A and B
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Solutions
Answer- D
Question - 6
What are teaser loan rates charged by banks?
Rate of interest which is competitively changed in relation to other banks
Floating rate of interest charged by banks
Low rate of interest in the initial period which goes up subsequently
Higher rate of interest in the initial period which goes down subsequently
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Solutions
Answer- C
Question - 7
_______________ is a banking term.
Interest rate swap
Input devices
Sedimentary
Zero Hour
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Solutions
Answer- A
Question - 8
Easy Monthly Instalment
Equal Monthly Investment
Equated Monthly Instalment
Equated Mortgage Investment
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Solutions
Answer- C
Question - 9
Bank rate is decided by _______________ .
Reserve Bank of India
Government Of India
State Bank of India
Securities and Exchange Board of India
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Solutions
Answer- A
Question - 10
Which of the following types of loans are teaser rates related to?
Home loans
Personal loans
Auto loans
Reverse mortgage loans
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Solutions
Answer- A
Question - 11
What does M mean in M-Banking Facility?
Money
Marginal
Message
Mobile Phone
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Solutions
Answer- D
Question - 12
The head office of the reserve bank is located at?
Mumbai
New Delhi
Kolkatta
Dehradun
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Solutions
Answer- A
Question - 13
The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
Cash reserves
Deposit reserves
Excess reserves
Momentary reserves
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Solutions
Answer- C
Question - 14
In which year was the Imperial Bank of India rechristened as State Bank of India?
Answer- A
Question - 15
Banking in India is controlled by?
Reserve Bank of India
Union Finance Commission
Union Ministry of Finance
Union Ministry of Commerce
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Solutions
Answer- A
Question - 16
Regional Rural Banks are sponsored by
Nationalised Commercial Bank
Reserve Bank of India
State Bank of India
Government of India
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Solutions
Answer- A
Question - 17
___________ bank changed its name to Axis Bank.
HDFC Bank
Lord Krishna Bank
Centurion Bank
UTI Bank
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Solutions
Answer- D
Question - 18
RBI was established in _____________ .
Answer- A
Question - 19
Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
Answer- C
Question - 20
ATMs that are owned and managed by non-banking entities are known as -
Red Label ATMs
White Label ATMs
Green Label ATMs
Blue Label ATMs
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Solutions
Answer- B
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