10000+ General Awareness Questions & Answers for Bank Exams - 1
Question: 1
The head office of the National Bank for Agriculture and Rural Development (NABARD) is located in
(A) Hyderabad
(B) Mumbai
(C) Lucknow
(D) New Delhi
Ans: B
Mumbai
Question: 2
The Head Quarter of RBI is situated at
(A) Mumbai
(B) Kolkata
(C) Chennai
(D) Delhi
Ans: A
Mumbai
Question: 3
Which one of the following is a private bank?
(A) Punjab and sind Bank
(B) Allahabad Bank
(C) Bank of Punjab
(D) Punjab National Bank
Ans: C
Bank of Punjab
Question: 4
Which bank in India Performs duties of Central Bank?
(A) State Bank of India
(B) Central Bank of India
(C) Reserve Bank of India
(D) Both a and b
Ans: C
Reserve Bank of India
Question: 5
Reserve Bank of India was nationalized in
(A) 1947
(B) 1948
(C) 1949
(D) 1950
Ans: C
1949
Question: 6
Monetary Policy refers to the policy of
(A) Commercial Banks
(B) Moneylenders
(C) Government
(D) Central Bank
Ans: D
Central Bank
Question: 7
How many languages are used on a ten rupee note?
(A) 2
(B) 7
(C) 10
(D) 15
Ans: D
15
Question: 8
Which of the following is a formal source of credit?
(A) Trader
(B) Relative
(C) Commercial Bank
(D) Money lender
Ans: C
Commercial Bank
Question: 9
The abbreviation NABARD stands for
(A) National Academy of Banking on Agricultural Research and Development
(B) National Board of Agricultural Research and Development
(C) National Bank for Agricultural and Rural Development
(D) National Bank for Agricultural Refinance and Development
Ans: C
National Bank for Agricultural and Rural Development
Question: 10
The Head of the State Bank of India (SBI) is designated as
(A) Chairman
(B) Governor
(C) Deputy Governor
(D) Executive Director
Ans: A
Chairman
Question: 11
The value of which of the following foreign currencies is maximum in terms of rupees?
(A) Dinar
(B) Riyal
(C) British Pound
(D) US Dollar
Ans: C
British Pound
Question: 12
Expand the term LIBOR?
(A) London Inter Bank Onsite Rate
(B) London Inter Bank Offered Rate
(C) London Inter Bank Offsite Rate
(D) London Inter Bank Operational Rate
Ans: B
London Inter Bank Offered Rate
Question: 13
Since 1983, the RBI’s responsibility with respect to Regional Rural Banks was transferred to
(A) PACs
(B) NABARD
(C) ARDC
(D) SBI
Ans: B
NABARD
Question: 14
India has different categories of commercial banks which of the following is NOT one such category?
(A) Nationalized Banks
(B) Co-operative Banks
(C) Commodity Banks
(D) Private Banks
Ans: C
Commodity Banks
Question: 15
Which of the following is NOT a banking related system?
(A) Treasury Operation
(B) Proclamation
(C) Portfolio Management
(D) Overdraft
Ans: B
Proclamation
Question: 16
Which of the following pairs is NOT correctly matched?
(A) SBI - Commercial Bank
(B) IDBI - World Bank
(C) RBI - Banking regulatory authority
(D) SEBI - Security market regulatory body
Ans: B
IDBI - World Bank
Question: 17
Which of the following is called a Bankers Cheque?
(A) Debit Card
(B) Fixed Deposit
(C) Demand Draft
(D) Pay Order
Ans: C
Demand Draft
Question: 18
How many banks are there in public sector at present?
(A) 19
(B) 27
(C) 28
(D) 31
Ans: B
27
Question: 19
Which one of the following is NOT a function of Reserve Bank of India?
(A) Formation of monetary policy
(B) Credit creation
(C) As apex body of scheduled commercial banks
(D) Credit control
Ans: B
Credit creation
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