Top 1000+ General Awareness Questions for Bank Exams - 3
Question: 1
Question: 2
In India, the bank NABARD does not provide refinance to
(A) Regional Rural Banks
(B) State Land Development Banks
(C) Export-Import Bank
(D) Scheduled Commercial Banks
Ans: C
Export-Import Bank
Question: 3
The Bank Rate is the rate interest at which the Reserve Bank of India Provides loans to the
(A) Corporate sector
(B) Foreign institutional Investors
(C) Public Sector
(D) Scheduled Commercial Banks
Ans: D
Scheduled Commercial Banks
Question: 4
The largest public sector commercial Bank of India is the
(A) Union Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Bank of India
Ans: B
State Bank of India
Question: 5
In which year was the Reserve Bank of India established?
(A) 1932
(B) 1935
(C) 1945
(D) 1947
Ans: B
1935
Question: 6
When was the decimal system of currency introduced in India?
(A) 1948
(B) 1950
(C) 1954
(D) 1957
Ans: B
1950
Question: 7
When was the IDBI (Industrial Development Bank of India) instituted?
(A) 1952
(B) 1964
(C) 1972
(D) 1981
Ans: B
1964
Question: 8
Who among the following is most benefitted from inflation?
(A) Government pensioners
(B) Saving Bank Account holders
(C) Creditors
(D) Debtors
Ans: D
Debtors
Question: 9
Ten rupee notes bear the signature of
(A) President
(B) Governor, Reserve Bank of India
(C) Finance Minister
(D) Secretary, Ministry of Finance
Ans: B
Governor, Reserve Bank of India
Question: 10
The National Bank for Agriculture and Rural Development(NABARD) was set up in
(A) 1977
(B) 1980
(C) 1982
(D) 1984
Ans: C
1982
Question: 11
Whose signature is found on one rupee notes in India?
(A) The Prime Minister of India
(B) The President of India
(C) The Government, RBI
(D) The Secretary, Finance
Ans: D
The Secretary, Finance
Question: 12
Who was the first Indian Governor of the RBI?
(A) Sachindra Ray
(B) C D Deshmukh
(C) Rajendra Prasad
(D) S Mukherjee
Ans: A
Sachindra Ray
Question: 13
RBI was set up on the recommendation of ____ commission.
(A) Empowered Group
(B) C Rangarajan
(C) Hilton Young
(D) None of these
Ans: C
Hilton Young
Question: 14
Special Drawing Rights (SDRs) relate to
(A) The International Monetary Fund
(B) The World Trade Organization
(C) The Reserve Bank of India
(D) The World Bank
Ans: A
The International Monetary Fund
Question: 15
Which one of the following is not a Money Market Instrument?
(A) Commercial paper
(B) Certificate of Deposit
(C) Treasures bills
(D) Equity shares
Ans : D
Equity shares
Question: 16
In which of the following exchange, Currency Futures trading was first started?
(A) NSE
(B) BSE
(C) SENSEX
(D) MCX-SX
Ans: A
NSE
Question: 17
In which of the following years, India switched over to decimal currencies?
(A) 1947
(B) 1950
(C) 1957
(D) 1963
Ans: C
1957
Question: 18
Narsimham Committee recommended to make banking structure of the country
(A) 2 tier
(B) 3 tier
(C) 4 tier
(D) 5 tier
Ans: C
4 tier
Question: 19
Where are the headquarters of World Bank Situated?
(A) New York
(B) Geneva
(C) Manila
(D) Washington DC
Ans: D
Washington DC
Question: 20
Increase in net RBI credit for Central Government represents
(A) budgetary deficit
(B) revenue deficit
(C) monetised deficit
(D) fiscal deficit
Ans: C
monetised deficit
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