banking gk Practice Question and Answer

Q:

BHIM Stands for _______

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  • 1
    Bharat Interface for Money
    Correct
    Wrong
  • 2
    Bharat Heavy Interface for Money
    Correct
    Wrong
  • 3
    Bharat Heavy Interface Money
    Correct
    Wrong
  • 4
    Bharat High Interface for Money
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Bharat Interface for Money"

Q:

____________ Bank has introduced first ATM in India.

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  • 1
    SBI
    Correct
    Wrong
  • 2
    ICICI
    Correct
    Wrong
  • 3
    HSBC
    Correct
    Wrong
  • 4
    Axis
    Correct
    Wrong
  • 5
    City Bank
    Correct
    Wrong
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Answer : 3. "HSBC"

Q:

Corporate loans are offered to applicants who have established their business for how many years in India? 

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  • 1
    5
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
  • 3
    2
    Correct
    Wrong
  • 4
    7
    Correct
    Wrong
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Answer : 1. "5"

Q:

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

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  • 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"

Q:

Which of the following is India’s first Credit Information Company? 

1005 0

  • 1
    CRISIL
    Correct
    Wrong
  • 2
    SMERA
    Correct
    Wrong
  • 3
    ICRA
    Correct
    Wrong
  • 4
    CIBIL
    Correct
    Wrong
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Answer : 4. "CIBIL"

Q:

The applicable interest rate per annum for Kisan Credit Cards is 9%, for a maximum credit limit of

955 0

  • 1
    Rs. 1 lakh
    Correct
    Wrong
  • 2
    Rs. 2 lakh
    Correct
    Wrong
  • 3
    Rs. 3 lakh
    Correct
    Wrong
  • 4
    Rs. 4 lakh
    Correct
    Wrong
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Answer : 3. "Rs. 3 lakh"

Q:

Which of the following committee related to Direct Taxes?

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  • 1
    Bhave Committee
    Correct
    Wrong
  • 2
    Dandekar Committee
    Correct
    Wrong
  • 3
    B Sivaraman Committee
    Correct
    Wrong
  • 4
    Chesi Committee
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"
Explanation :

Tax Reform Committee is also known as Raj Chelliah Committee. It is formed in order to reform direct and indirect taxes prevailing in India.

Q:

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

937 0

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

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