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7/29/13

Questions on Banking Sector, Banking Industry, Banking Awareness

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Awareness Bank of Exam Banking Industry


General Knowledge Bank Test Online Banking Banking Rates

Home-General Knowledge-GK Questions on Indian Economy-Indian Economy GK Questions


Exercise Nature of Indian Economy Planning in India Natural Resources of India Indian Agriculture Question Indian Infrastructure National Income in India Social Sector of India Questions on Banking Sector and Awareness Questions on Money Banking and Finanace Answer & Explanation Answer - C (Selling of gilt-edged securities by the government) 1- What are Open Market Operations"? A. Activities of SEBI-registered brokers B. Selling of currency by the RBI C. Selling of gilt-edged securities by the government D. Sale of share by FIIs E. None of these View Answer (-) Questions on Banking Sector, Banking Industry, Banking Awareness: These questions are on Banking Sector of India which is a very important topic of General Awareness. Banking Sector is an important topic of General Knowledge of Indian Economy. Also go through Online Practice Sets on various topic to improve your preparation. Direction To Solve

2- Which bank was earlier called the Imperial Bank of India? A. RBI B. SBI C. UBI D. PNB E. BOI View Answer (-) Answer & Explanation Answer - B (SBI)

3- Indias largest commercial bank is? A. Central Bank of India B. State Bank of India C. Indian overseas Bank D. Bank of India E. PNB View Answer (-) Answer & Explanation

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7/29/13

Questions on Banking Sector, Banking Industry, Banking Awareness


Answer - B (State Bank of India)

4- Bank deposit that can be withdrawn without any notice are called? A. Account payee deposit B. Fixed deposit C. Variable deposit D. Demand draft E. None of these View Answer (-) Answer & Explanation Answer - D (Demand draft)

5- Which bank in India perform duties of Central Bank? A. Central bank of India B. State bank of India C. Both a and b D. Reserve bank of India E. None of these View Answer (-) Answer & Explanation Answer - D (Reserve bank of India)

6- Reserve bank of India was nationalized in? A. 1947 B. 1948 C. 1949 D. 1951 E. 1955 View Answer (-) Answer & Explanation Answer - C (1949)

7- Green Banking means? A. Development of forestry by banks B. Financing of environment friendly projects by banks C. Financing of irrigation projects by banks D. All of these E. None of these View Answer (-) Answer & Explanation Answer - B (Financing of environment friendly projects by banks)

8- An instrument of qualitative credit control in India is? A. Open market operations B. Credit rationing C. Change in reserve ratio D. Bank rate policy E. None of these View Answer (-) Answer & Explanation

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7/29/13

Questions on Banking Sector, Banking Industry, Banking Awareness


Answer - B (Credit rationing)

9- The Monetary Policy of India is announced by the? A. Prime Minister B. Governor of the RBI C. Union Finance Minister D. Union Commerce Minister E. None of these View Answer (-) Answer & Explanation Answer - B (Governor of the RBI)

10- Which of the following rates is NOT decided by the Reserve Bank of India? A. Bank rate B. Repo rate C. Reverse Repo rate D. Income Tax rate E. None of these View Answer (-) Answer & Explanation Answer - D (Income Tax rate)

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