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General Knowledge :: Banking Awareness

  1. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

  2. A.

     3 years

    B.

     5 years

    C.

     7 years

    D.

     10 years


  3. What does the letter ‘L’ stands for in the term LAF commonly used in financial/economic news?

  4. A.

     Liquidity

    B.

     Least

    C.

     Liabilities

    D.

     Long


  5. Monetary Policy as an arm of the economic policy is administered by

  6. A.

     Government of India

    B.

     Reserve Bank of India

    C.

     State Bank of India

    D.

     Governments of the respective states


  7. A scheduled bank must be

  8. A.

     A corporative or company incorporated by any law in force in any place in India

    B.

     An institution notified by GOI

    C.

     A company as defined by companies act, 2013

    D.

     All of the above


  9. Kapoor committee, 1999 is related to ____.

  10. A.

     Co-operative Banking Reforms

    B.

     Micro-finance

    C.

     Capital Account convertibility

    D.

     Restructuring of RRBs


  11. Which of the following institution is meant for small and medium enterprises?

  12. A.

     RBI

    B.

     SIDBI

    C.

     IFCI

    D.

     NABARD


  13. Under the second phase of nationalization, 07 banks were nationalized. Their deposits were over ________ crore.

  14. A.

     100

    B.

     150

    C.

     200

    D.

     300


  15. The tag line ‘A friend you can bank on’ is of which bank?

  16. A.

     Vijaya Bank

    B.

     Bank of Maharashtra

    C.

     UCO Bank

    D.

     Bank of Baroda


  17. Who is having the major stakes in NABARD?

  18. A.

     RBI

    B.

     Central Government

    C.

     SBI

    D.

     Ministry of Finance


  19. Gilt-edged securities market is the market for government and semi-government securities. These securities carry

  20. A.

     Floating interest rate

    B.

     Fixed interest rate

    C.

     Fixed as well as floating interest rate

    D.

     No interest rate at all