banking gk Practice Question and Answer
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Q: On which rate base, overnight money is needed by bank from RBI?
2565 05e785329f012602a3def1bed
5e785329f012602a3def1bed- 1MSFtrue
- 2Repo ratefalse
- 3Reverse repofalse
- 4Bank ratefalse
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Answer : 1. "MSF"
Q: Which organisation/ministry is the nodal agency to provide licenses to e-commerce companies?
2524 05e7837ba7c405e4e8939f0d6
5e7837ba7c405e4e8939f0d6- 1Finance Ministryfalse
- 2Corporate Ministryfalse
- 3Reserve Bank of India(RBI)false
- 4Department of Industrial Policy and Promotion (DIPP)true
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Answer : 4. "Department of Industrial Policy and Promotion (DIPP)"
Q: Which bank has launched the first contactless debit, credit and multi-currency forex card?
2501 05e785dcce8e6613a385d70e0
5e785dcce8e6613a385d70e0- 1Axis Banktrue
- 2ICICI Bankfalse
- 3HDFC Bankfalse
- 4SBIfalse
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Answer : 1. "Axis Bank"
Q: When was ICICI bank founded?
2381 05e69c0ec0b8b1e6afc20769b
5e69c0ec0b8b1e6afc20769b- 11991false
- 21992false
- 31993false
- 41994true
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Answer : 4. "1994"
Q: What is the full form of EFT?
2256 05e785e94bd40023a1fd3d340
5e785e94bd40023a1fd3d340- 1Electronic Funds Transfertrue
- 2Efficient Funds Transferfalse
- 3Effective Funds Transferfalse
- 4Electronic Foreign Transferfalse
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Answer : 1. "Electronic Funds Transfer"
Q: Which of the following is true about merchant bank?
2133 05e69c51aee03046acc564fc3
5e69c51aee03046acc564fc3- 1Underwrites securities for corporationsfalse
- 2Advice clients on mergersfalse
- 3Involved in ownership of commercial venturesfalse
- 4All of the abovetrue
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Answer : 4. "All of the above"
Q: Who regulates the Mutual Funds in India?
2116 05e785c4cf012602a3def3370
5e785c4cf012602a3def3370- 1FRBIfalse
- 2SEBItrue
- 3SIDBIfalse
- 4RBIfalse
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Answer : 2. "SEBI"
Q: Name the micro finance company that becomes the first to start operation as a commercial bank?
2089 05e785d187c405e4e893a5684
5e785d187c405e4e893a5684- 1PayTm Bankfalse
- 2Vodafone m-Pesa Bankfalse
- 3Yes Bankfalse
- 4Bandhan Banktrue
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Answer : 4. "Bandhan Bank"
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