questions on banking sector, banking industry, banking awareness

7/29/13 Questions on Banking Sector, Banking Industry, Banking Awareness

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Exercise

Nature of Indian Economy

Planning in India

Natural Resources of India

Indian Agriculture Question

Indian Infrastructure

National Income in India

Social Sector of India

Questions on Banking

Sector and Awareness

Questions on Money

Banking and Finanace

Direction To Solve

Questions on Banking Sector, Banking Industry, Banking Awareness:These questions are on Banking Sector of India which is a very important topic ofGeneral Awareness. Banking Sector is an important topic of General Knowledge ofIndian Economy. Also go through Online Practice Sets on various topic to improve yourpreparation.

A. Activities of SEBI-registered brokers

B. Selling of currency by the RBI

C. Selling of gilt-edged securities by the government

D. Sale of share by FIIs

E. None of these

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Answer & Explanation

Answer - C (Selling of gilt-edged securities by the government)

1- What are Open Market Operations"?

A. RBI

B. SBI

C. UBI

D. PNB

E. BOI

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Answer - B (SBI)

2- Which bank was earlier called the Imperial Bank of India?

A. Central Bank of India

B. State Bank of India

C. Indian overseas Bank

D. Bank of India

E. PNB

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3- Indias largest commercial bank is?

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Answer - B (State Bank of India)

A. Account payee deposit

B. Fixed deposit

C. Variable deposit

D. Demand draft

E. None of these

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Answer - D (Demand draft)

4- Bank deposit that can be withdrawn without any notice are called?

A. Central bank of India

B. State bank of India

C. Both a and b

D. Reserve bank of India

E. None of these

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Answer - D (Reserve bank of India)

5- Which bank in India perform duties of Central Bank?

A. 1947

B. 1948

C. 1949

D. 1951

E. 1955

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Answer - C (1949)

6- Reserve bank of India was nationalized in?

A. Development of forestry by banks

B. Financing of environment friendly projects by banks

C. Financing of irrigation projects by banks

D. All of these

E. None of these

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Answer - B (Financing of environment friendly projects by banks)

7- Green Banking means?

A. Open market operations

B. Credit rationing

C. Change in reserve ratio

D. Bank rate policy

E. None of these

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8- An instrument of qualitative credit control in India is?



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Answer - B (Credit rationing)

A. Prime Minister

B. Governor of the RBI

C. Union Finance Minister

D. Union Commerce Minister

E. None of these

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Answer - B (Governor of the RBI)

9- The Monetary Policy of India is announced by the?

A. Bank rate

B. Repo rate

C. Reverse Repo rate

D. Income Tax rate

E. None of these

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Answer - D (Income Tax rate)

10- Which of the following rates is NOT decided by the Reserve Bank of India?

1

questions on banking sector, banking industry, banking awareness

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