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General Knowledge :: Banking Awareness

  1. Which committee recommended the establishment of the RRBs?

  2. A.

     Tarpore Committee

    B.

     Narasimham Committee

    C.

     Karmakar Committee

    D.

     Kelker Committee


  3. The objectives of forming SHG is (i) to build mutual trust and confidence between the bankers and the rural poor people. (ii) to encourage banking activities, both on the thrift as well as credit sides, in a segment of the population that the formal financial institutions usually find difficult to cover. (iii) to meet the needs of the poor by combining the flexibility, sensitivity and responsiveness of the informal credit system with the strength of technical and administrative capabilities and financial resources of the formal credit institutions.

  4. A.

     i only

    B.

     i and ii

    C.

     i and iii

    D.

     ii and iii


  5. Capital market is a market which deals in

  6. A.

     Short-term funds

    B.

     Long-term funds

    C.

     Gilt-edge securities

    D.

     None of these


  7. Co-operative Banks in India are registered under (i) Banking laws (Co-operative Societies) Act. 1956 (ii) Banking Regulations Act, 1949 (iii) Companies Act, 1956 Select the correct answer using the following codes.

  8. A.

     only i

    B.

     i and ii

    C.

     ii and iii

    D.

     i, ii and iii


  9. The term ‘BSR’ refers to

  10. A.

     Bank’s selling Rate

    B.

     Basic Statistical Returns

    C.

     Annual returns submitted by banks to RBI in respect to priority sector advances

    D.

     Quarterly statements of advance to agriculture


  11. Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements employed by Reserve Bank as measures by Reserve of credit control are classified as

  12. A.

     Quantitative methods

    B.

     Qualitative methods

    C.

     Both of the above

    D.

     None of these


  13. “Micro Credits” are loans

  14. A.

     granted to distressed person (other than farmers) to pre-pay their debt to non- institutional lenders against appropriate collateral or group security,

    B.

     not exceeding 50.000 per borrower provided by banks

    C.

     both (1) and (2)

    D.

     None of these


  15. What does FSDC stand for?

  16. A.

     Financial Security and Development Council

    B.

     Financial Stability and Development Council

    C.

     Fiscal Security and Development Council

    D.

     Fiscal Stability and Development Council


  17. In July 1969, how many Commercial Banks were nationalized?

  18. A.

     13

    B.

     14

    C.

     15

    D.

     16


  19. Which of the following Co-operative Banks is considered as the first Co-operative Bank in India?

  20. A.

     Abhyudaya Co-operative Bank Ltd

    B.

     Ahmedabad Mercanile Co-operative Bank Ltd

    C.

     Amanath Co-operative Bank Ltd

    D.

     Anyonya Co-operative Bank