Top 500 GK Questions 2023-24
General Knowledge
Q.401 What are teaser loan rates charged by banks?
(A) Rate of interest which is competitively changed in relation to other banks
(B) Floating rate of interest charged by banks
(C) Low rate of interest in the initial period which goes up subsequently
(D) Higher rate of interest in the initial period which goes down subsequently
Ans .C
Q.402 Which of the following terms is used in banking field?
(A) Interest rate swap
(B) Input devices
(C) Sedimentary
(D) Zero Hour
Ans .C
Q.403 Expand the term EMI as used in banking/finance sector?
(A) Easy Monthly Instalment
(B) Equal Monthly Investment
(C) Equated Monthly Instalment
(D) Equated Mortgage Investment
Ans .C
Q.404 Bank rate is decided by which of the following?
(A) Reserve Bank of India
(B) Government Of India
(C) State Bank of India
(D) Securities and Exchange Board of India
Ans .A
Q.405 With which of following types of loans are teaser rates related?
(A) Home loans
(B) Personal loans
(C) Auto loans
(D) Reverse mortgage loans
Ans .A
Q.406 What does M in M-Banking Facility being offered by banks to their customers, stand for?
(A) Money
(B) Marginal
(C) Message
(D) Mobile Phone
Ans .D
Q.407 Which of the following is/are true about the Sub-Prime Crisis?
1. It is a mortgage crisis referring to credit default by the borrowers.
2. Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers.
3. This crisis originated because of negligence in credit rating of the borrowers.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2, and 3
Ans .D
Q.408 Match the following mergers of banks
|
List I |
List II |
|
A. Centurion Bank of Punjab |
1. ICICI Bank |
|
B. Bank of Rajasthan |
2. Punjab National Bank |
|
C. Global Trust Bank |
3. HDFC Bank |
|
D. Nedungadi Bank |
4. Oriental Bank of Commerce |
(A) A - 4; B - 1; C - 2; D – 3
(B) A - 3; B - 4; C - 1; D – 2
(C) A - 2; B - 1; C - 4; D – 3
(D) A - 3; B - 1; C - 4; D - 2
Ans .D
Q.409 At which of the following cities is the Head Office of Reserve Bank of India located?
(A) Mumbai
(B) New Delhi
(C) Kolkata
(D) Dehradun
Ans .A
Q.410 The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called
(A) Cash reserves
(B) Deposit reserves
(C) Excess reserves
(D) Momentary reserves
Ans .C
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Rajesh Bhatia
A Writer, Teacher and GK Expert. I am an M.A. & M.Ed. in English Literature and Political Science. I am highly keen and passionate about reading Indian History. Also, I like to mentor students about how to prepare for a competitive examination. Share your concerns with me by comment box. Also, you can ask anything at linkedin.com/in/rajesh-bhatia-7395a015b/.
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