banking gk Practice Question and Answer

Q:

Which of the following is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934?

1910 0

  • 1
    Bank rate
    Correct
    Wrong
  • 2
    Reverse Repo Rate
    Correct
    Wrong
  • 3
    SLR
    Correct
    Wrong
  • 4
    CRR
    Correct
    Wrong
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Answer : 4. "CRR "

Q:

Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as?

1641 0

  • 1
    Private Limited
    Correct
    Wrong
  • 2
    Public limited
    Correct
    Wrong
  • 3
    Unlimited
    Correct
    Wrong
  • 4
    Limited Liability Partnership
    Correct
    Wrong
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Answer : 2. "Public limited "

Q:

Which bank was the first to deploy 'Talking ATMs' for differently abled person?

1351 0

  • 1
    Union Bank of India
    Correct
    Wrong
  • 2
    United Bank of India
    Correct
    Wrong
  • 3
    State Bank of India
    Correct
    Wrong
  • 4
    Punjab National Bank
    Correct
    Wrong
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Answer : 1. "Union Bank of India"

Q:

On which rate base, overnight money is needed by bank from RBI?

2567 0

  • 1
    MSF
    Correct
    Wrong
  • 2
    Repo rate
    Correct
    Wrong
  • 3
    Reverse repo
    Correct
    Wrong
  • 4
    Bank rate
    Correct
    Wrong
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Answer : 1. "MSF"

Q:

What is the present number of Local Area Banks in India?

1202 0

  • 1
    3
    Correct
    Wrong
  • 2
    4
    Correct
    Wrong
  • 3
    5
    Correct
    Wrong
  • 4
    6
    Correct
    Wrong
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Answer : 4. "6"

Q:

On which date was the Reserve Bank of India established?

931 0

  • 1
    April 1, 1935
    Correct
    Wrong
  • 2
    July 12, 1982
    Correct
    Wrong
  • 3
    January 1, 1949
    Correct
    Wrong
  • 4
    August 15, 1947
    Correct
    Wrong
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Answer : 1. "April 1, 1935"

Q:

What is 'B' stands for in "CIBIL"(related to credit ratings)?

933 0

  • 1
    Bureau
    Correct
    Wrong
  • 2
    Base
    Correct
    Wrong
  • 3
    Bank
    Correct
    Wrong
  • 4
    Benchmark
    Correct
    Wrong
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Answer : 1. "Bureau"

Q:

‘Open Market Operations’ is related to which of the following organisation?

1046 0

  • 1
    Reserve Bank of India
    Correct
    Wrong
  • 2
    SEBI
    Correct
    Wrong
  • 3
    Department of Investment and Public Asset Management(DIPAM)/
    Correct
    Wrong
  • 4
    None is Correct
    Correct
    Wrong
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Answer : 1. "Reserve Bank of India"

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