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General Knowledge :: Banking Awareness

Banking Awareness - section-1
  1. The approach of ‘Micro-Credit’ or ‘Banking with the poor’ is comparatively a new concept in the field of rural credit. This approach has been tried very successfully in which of the following countries?

    2. A.

     India
    B.

     China
    C.

     Japan
    D.

     Bangladesh

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  2. The lowering of Bank Rate by the Reserve Bank of India leads to

    3. A.

     More liquidity in the market
    B.

     Less liquidity in the market
    C.

     No change in the liquidity in the market
    D.

     Mobilization of more deposits by commercial banks

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  3. Which of the following is not a part of the scheduled banking structure in India?

    4. A.

     Public Sector Banks
    B.

     Moneylenders
    C.

     Private Sector Banks
    D.

     Regional Rural Bank

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  4. The rate of interest on Savings Bank Account is decided by

    5. A.

     RBI
    B.

     Indian Banks Association
    C.

     Government of India
    D.

     The Concerned Bank

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  5. Many times we read a term CBS used in banking operation. What is the full form of the letter ‘S’ in the term ‘CBS’?

    6. A.

     Systematic
    B.

     Super
    C.

     Support
    D.

     Solution

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  6. Who sets up the Bench Mark Interest Rate for Germany?

    7. A.

     German Central Bank
    B.

     Deutsche Bundes Bank
    C.

     European Central Bank (ECB)
    D.

     Deutsche Bank

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  7. What is India's Apex Tax body?

    8. A.

     CBDT
    B.

     GAAR
    C.

     IT Department
    D.

     RBI

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  8. Banks in India are governed by BR Act 1949. What does 'BR' stands for?

    9. A.

     Banks Registration
    B.

     Banking Re-organization
    C.

     Banking Regulation
    D.

     Banking Rights

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  9. In India, Scheduled Commercial Banks are those Banks included?

    10. A.

     In the 2nd Schedule of RBI Act 1934
    B.

     In the 2nd Schedule of BR Act 1949
    C.

     In the 2nd Schedule of NI Act 1881
    D.

     In the 2nd Schedule of Companies Act 1956

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  10. "Doing business report" published by

    11. A.

     World Bank
    B.

     IMF
    C.

     ADB
    D.

     WTO

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