Banking Awareness - General Knowledge Questions and Answers

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When RBI reduce the CRR it results into

A.

Decrease in deposit

B.

Increase in deposit

C.

Increase in lendable resources

D.

Decrease in lendable resources

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What is meant by development Oriented banking?

A.

Infrastructure financing

B.

Extending loans to States, which are un-development

C.

Taking up the task of development of the economy by providing support to under privileged sections of the society

D.

None of these

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Principal functions of SIDBI

A.

Promotion of SSI

B.

Finance of SSI

C.

Development of SSI

D.

All the above

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____ heads and conducts the affairs of RBI

A.

Central Board

B.

Local board

C.

Regional board

D.

All of the above

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Which bank launches first homegrown economic index?

A.

ICICI

B.

BOB

C.

SBI

D.

PNB

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What is the maximum deposit amount insured by the DICGC (Deposit Insurance and Credit Guarantee Corporation)?

A.

Rupees One Lakh

B.

Rupees Two Lakh

C.

Rupees Three Lakh

D.

Rupees Five Lakh

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What does the DICGC insure?

A.

Any amount due on account of any deposit received outside India.

B.

Deposits of Central/State Governments

C.

Deposits of foreign Governments

D.

None of these

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Which is/ are the different categories under priority sector?

A.

Social Infrastructure

B.

Renewable Energy

C.

Micro, Small and Medium Enterprises

D.

All of above

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Which Bank launches voice password facility for users?

A.

Axis

B.

ICICI

C.

HDFC

D.

Kotak Mahindra Bank