IBPS, SBI, RBI Banking Current Affairs Questions and Answers - 4
Question: 1
Which of the following is NOT a foreign bank operating in India?
(A) NSBC
(B) Standard Charted Bank
(C) Yes Bank
(D) ABN Amro
Ans: C
Yes Bank
Question: 2
Which bank became the first bank to open its branch in China?
(A) Punjab National Bank
(B) IDBI Bank
(C) HDFC Bank
(D) State Bank of India
Ans: D
State Bank of India
Question: 3
The Industrial Development Bank (IDBI) started functioning in
(A) 1950
(B) 1952
(C) 1964
(D) 1972
Ans: C
1964
Question: 4
NABARD was established on the recommendation of
(A) Narsimham Committee
(B) Shivaraman Committee
(C) Public Accounts Committee
(D) None of these
Ans: B
Shivaraman Committee
Question: 5
IRDA is associated with
(A) Banking
(B) Insurance sectors
(C) Railways
(D) Telecommunication
Ans: B
Insurance sectors
Question: 6
Which of the following is not an asset held by Commercial Banks?
(A) Current account deposits
(B) Money lend at short notice
(C) Bills of exchange
(D) Credit balances with the Reserve Bank
Ans: A
Current account deposits
Question: 7
Which of the following banks is a nationalized bank?
(A) Yes Bank
(B) Reserve Bank of India
(C) Saraswat Co-operative Bank
(D) ICICI Bank
Ans: B
Reserve Bank of India
Question: 8
When was the Reserve Bank of India taken over by the Government?
(A) 1944
(B) 1945
(C) 1948
(D) 1951
Ans: C
1948
Question: 9
The National Housing Bank is a subsidiary of
(A) NABARD
(B) Reserve Bank of India
(C) Unit Trust of India
(D) Reserve Bank of India
Ans: D
Reserve Bank of India
Question: 10
How many Banks were nationalised in 1969?
(A) 12
(B) 14
(C) 20
(D) 22
Ans: B
14
Question: 11
The period of high inflation and low economic growth is termed as
(A) Stagnation
(B) Stagflation
(C) Take off stage in economy
(D) None of theseÂ
Ans: B
Stagflation
Question: 12
The Monetary policy of India is announced by the
(A) Union Finance Minister
(B) Prime Minister of India
(C) Union Commerce Minister
(D) Governor of the RBI
Ans: D
Governor of the RBI
Question: 13
Under whose chairmanship was the committee on Insurance Sector reforms set up?
(A) R N Malhotra
(B) C Rangarajan
(C) Narasimham
(D) None of these
Ans: A
R N Malhotra
Question: 14
Smart Money is a term used for
(A) Cash with bank
(B) Cash with public
(C) Internet banking
(D) Credit cards
Ans: D
Credit cards
Question: 15
Green Banking Channel has been launched by
(A) RBI
(B) UTI
(C) PNB
(D) SBI
Ans: D
SBI
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