banking gk Practice Question and Answer

Q:

Credit Cards are a convenient substitute for which of the following?

7091 0

  • 1
    Cash
    Correct
    Wrong
  • 2
    Cheque
    Correct
    Wrong
  • 3
    Both 1 and 2
    Correct
    Wrong
  • 4
    None of The Above
    Correct
    Wrong
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Answer : 3. "Both 1 and 2 "

Q:

Which was the first bank to introduce cheque system in India?

6282 0

  • 1
    Bengal Bank
    Correct
    Wrong
  • 2
    Bank of Hindustan
    Correct
    Wrong
  • 3
    General Bank of India
    Correct
    Wrong
  • 4
    Presidency Bank
    Correct
    Wrong
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Answer : 1. "Bengal Bank"

Q:

The performance of which scheme does the National Housing Bank monitor?

5671 0

  • 1
    Liberalized Finance Scheme
    Correct
    Wrong
  • 2
    Golden Jubilee Rural Housing Finance Scheme
    Correct
    Wrong
  • 3
    Energy Efficient Housing Finance Scheme
    Correct
    Wrong
  • 4
    Finance scheme for indirect loans
    Correct
    Wrong
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Answer : 2. "Golden Jubilee Rural Housing Finance Scheme"

Q:

In which type of banking, electronic financial transactions are done?

5615 0

  • 1
    E-Banking
    Correct
    Wrong
  • 2
    POS Banking
    Correct
    Wrong
  • 3
    M-Banking
    Correct
    Wrong
  • 4
    Universal Banking
    Correct
    Wrong
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Answer : 1. "E-Banking"

Q:

What Street Name is used to refer to the RBI? 

4819 0

  • 1
    Reserve Street
    Correct
    Wrong
  • 2
    Credit Street
    Correct
    Wrong
  • 3
    Mint Street
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
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Answer : 3. "Mint Street "

Q:

Who has been given the power under the Banking Regulation Act 1949 to grant license to banks? 

4388 0

  • 1
    RBI
    Correct
    Wrong
  • 2
    State Government
    Correct
    Wrong
  • 3
    Central Government
    Correct
    Wrong
  • 4
    All of the above
    Correct
    Wrong
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Answer : 1. "RBI "

Q:

Who regulates the functioning of District Cooperative Banks in India? 

3159 0

  • 1
    State Government
    Correct
    Wrong
  • 2
    RBI
    Correct
    Wrong
  • 3
    State Cooperative Banks
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 2. "RBI "

Q:

Which was the first bank to introduce Internet banking?

3131 0

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

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