100+ General Awareness Quiz with Answers - 6
Question: 1
Which of the following rates is NOT decided by the Reserve Bank of India?
(A) Repo Rate
(B) Reverse Repo Rate
(C) Income Tax Rates
(D) Bank Rate
Ans: C
Income Tax Rates
Question: 2
Central Co-operative Banks work at
(A) National level
(B) Block level
(C) State level
(D) District level
Ans: D
District level
Question: 3
One rupee currency notes bear the signature of
(A) Finance Minister of India Â
(B) Finance Secretary of India
(C) Prime Minister of India
(D) President of India
Ans: B
Finance Secretary of India
Question: 4
Which of the following cannot be called a Debt instrument as referred in financial transaction?
(A) Bonds
(B) Certificates of Deposits
(C) Commercial Papers
(D) Stocks
Ans: D
Stocks
Question: 5
Which one of the following Indian banks is NOT a nationalized bank?
(A) Federal Bank
(B) Dena Bank
(C) Vijaya Bank
(D) Corporation Bank
Ans: A
Federal Bank
Question: 1
Which of the following rates/ratios is NOT covered under the Monetary and Credit Policy of RBI?
(A) Exchange Rate of Foreign Currencies
(B) Cash Reserve Ratio
(C) Repo Rate
(D) Bank Rate
Ans: A
Exchange Rate of Foreign Currencies
Question: 2
Narasimhan Committee is related to
(A) Nank Sector Reform
(B) Insurance Sector Reform
(C) Heavy Industry Development
(D) a and b are correct
Ans: A
Nank Sector Reform
Question: 3
Which bank was earlier called the Imperial Bank of India?
(A) PNB
(B) UBI
(C) SBI
(D) RBI
Ans: C
SBI
Question: 4
Many a time we hear about NPA in banking terminology. What is the full form of NPA?
(A) Negotiable and Preferential Asset
(B) New performing Avenues
(C) Non-Performing Assets
(D) Net Performing Average
Ans: C
Non-Performing Assets
Question: 5
As per RBI directives, which of the following functions cannot be outsourced by the Banks?
(A) Credit cards and debit cards
(B) Opening and closing of accounts
(C) Cash collections from the parties
(D) Recovery of bad loans
Ans: B
Opening and closing of accounts
Question: 1
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities?
(A) Micro finance Institution
(B) Regional Rural Banks
(C) Co-operative Banks
(D) Commercial Banks
Ans: D
Commercial Banks
Question: 2
Who amongst the following appoints Banking Ombudsman in each State?
(A) The President of India
(B) The Reserve Bank of India
(C) Registrar of Companies
(D) Ministry of Social Welfare, Government of India
Ans: B
The Reserve Bank of India
Question: 3
Which of the following committees has given its recommendations on ‘Financial Inclusion’?
(A) Kelkar committee
(B) Sinha Committee
(C) Rangrajan Committee
(D) Rakesh Mohan Committee
Ans: C
Rangrajan Committee
Question: 4
The Tarapore Committee was appointed by the RBI to examine the issue of
(A) Current Account convertibility of the rupee
(B) Capital Account Convertibility of the rupee
(C) Both a and b
(D) Trade Sector Reforms
Ans: B
Capital Account Convertibility of the rupee
Question: 5
The Banks are required to maintain a certain ratio between their cash in hand and total assets. This is called
(A) CRR
(B) CBR
(C) SBR
(D) SLR
Ans: A
CRR
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