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General Knowledge :: Banking Awareness

  1. Indian Commercial Banks are categorized into

  2. A.

     Public sector Banks

    B.

     Foreign Banks

    C.

     Private Sector Banks

    D.

     All of the above


  3. Regional Rural Banks have been set up with the basic objectives of

  4. A.

     Providing credit to semi - urban & urban population

    B.

     Providing deposits facilities to farmers

    C.

     Providing credit & deposit facilities to rural areas

    D.

     Providing credit, deposit and other banking facilities to people in rural areas


  5. _____ is raised in capital markets.

  6. A.

     Funds through long term securities

    B.

     Long term loans through Govt. securities

    C.

     Medium term loans

    D.

     Short - term instruments


  7. Interest on Government securities on fixed basis is known as

  8. A.

     Bank rate

    B.

     Coupon

    C.

     Prime Lending Rate

    D.

     Bench mark PLR


  9. __ was not nationalized in 1969

  10. A.

     Punjab National Bank

    B.

     Oriental Bank of commerce

    C.

     Bank of Baroda

    D.

     Union Bank of India


  11. In the first round 14 major banks with a liability base of ____ were nationalized

  12. A.

     10 crore or more

    B.

     20 crore or more

    C.

     50 crore or more

    D.

     100 crore or more


  13. _____ do not attract TDS

  14. A.

     Recurring deposits

    B.

     Fixed deposits

    C.

     Reinvestment deposits

    D.

     NRO FDR


  15. SLR is maintained as a percentage of

  16. A.

     Time liabilities

    B.

     Demand liabilities

    C.

     Net demand and time Liabilities

    D.

     Time and Demand liabilities


  17. The maximum Statutory Liquidity Ratio to be maintained by banks is_____

  18. A.

     25%

    B.

     30%

    C.

     35%

    D.

     40%


  19. CRR funds are kept by the Banks in ____

  20. A.

     Cash in hand at branches

    B.

     Balance with other banks

    C.

     Balance in a special Account with RBI

    D.

     Funds in the currency chest