Banking Awareness | Banking GK | Banking Awareness Questions

1. For the development of the banking facilities in the rural areas the Imperial Bank of India was partially nationalised on—
(A) June 1, 1940 (B) June 1, 1942
(C) July 1, 1955 (D) July 1, 1949
See Answer:

2. The Imperial Bank of India was named as the—
(A) Reserve Bank of India (B) State Bank of India
(C) Union Bank of India (D) Bank of India
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3. Which is/are not an associated bank of SBI ?
(A) The State Bank of Hyderabad
(B) The Union Bank of India
(C) The State Bank of Bikaner and Jaipur
(D) The State Bank of Mysore
See Answer:

4. In order to have more control over the banks, 14 large commercial banks whose reserves were more than Rs. 50 crore each were nationalized on—
(A) 19th July, 1969 (B) 19th July, 1970
(C) 19th July, 1971 (D) 19th July, 1972
See Answer:

5. Which is not a nationalised bank ?
(A) Bank of India (B) Canara Bank
(C) AXIS Bank (D) Vijaya Bank
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6. When the Government of India merged the New Bank of India with Punjab National Bank ?
(A) Sept. 4, 1993 (B) July 1, 1990
(C) July 1, 1993 (D) March 1, 1993
See Answer:

7. Which is the Central Bank of India ?
(A) The Central Bank of India
(B) The State Bank of India
(C) The Reserve Bank of India
(D) The Union Bank of India
See Answer:

8. The RBI was established in—
(A) 1935 (B) 1940
(C) 1947 (D) 1949
See Answer:

9. When RBI was set up, the Capital of the Bank was—
(A) 500 crore (B) 50 crore
(C) 15 crore (D) 5 crore
See Answer:

10. The general administration and direction of RBI is managed by a Central Board of Directors consisting of–
(A) 20 members (B) 15 members
(C) 5 members (D) 25 members
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11. RBI released Rs. 1000 currency note for circulation on—
(A) October 1, 1970 (B) July 1, 1980
(C) October 9, 2000 (D) October 3, 2011
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12. Which of the following instruments cannot be presented for payment in a clearing house ?
(A) Demand draft (B) Dividends
(C) Fixed deposit receipt (D) All of the above
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13. The Security Printing Press at Hyderabad was established in—
(A) 1982 (B) 1983
(C) 1980 (D) 1950
See Answer:

14. ‘‘Swabhiman’’ Scheme is related—
(A) Rich Customers of the Bank
(B) RRBs
(C) To provide basic banking services to bankless villages
(D) None of the above
See Answer:

15. When RBI has decided to circulate ‘Plastic Currency Notes’ in the market ?
(A) July 1, 1999 (B) July 1, 2010
(C) July 1, 2011 (D) Sept. 1, 2011
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16. Which is the measures of credit control ?
(A) Quantitative credit control
(B) Qualitative credit control
(C) Budgetary control
(D) Both (A) and (B)
See Answer:

17. NPAs stands for—
(A) Net Present Value
(B) Non Preforming Assets
(C) Net Pure Assets
(D) Net Permanent Assets
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18. When was introduced the Differential Rate of Interest (DRI) ?
(A) In 1972 (B) In 1990
(C) In 2009 (D) In 2011
See Answer:

19. When was addopted, New strategy for Rural Lending : Service Area Approach ?
(A) April 1, 1989 (B) March 1, 2007
(C) April 1, 2010 (D) April 1, 2011
See Answer:

20. As on June 30, 2010, Which Indian Bank has the maximum number of offices in abroad ?
(A) Bank of India (B) SBI
(C) Bank of Baroda (D) None of these
See Answer:

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