Banking Awareness Quiz Trivia : Part 5

banking awareness
Ques 1.
The Bank of Calcutta, Bank of Bombay and Bank of Madras were merged in 1921 to form 
(a) Reserve Bank of India
(b) Imperial Bank of India
(c) Bank of India
(d) Union Bank of 
(e) None of these

Ques 2.
The period of twelfth 'Five year plan' of India is form .
(a) 2009- 2014
(b) 2008- 2013
(c) 2007 - 2012
(d) 2012 - 2017
(e) 2010 - 2015

Ques 3.
Interest rate risk is a type of 
(a) credit risk
(b) Market risk
(c) Operational risk
(d)  All of the above'
(e) None of these

Ques 4.
Which bank was earlier called the 'Imperial Bank of India ?
(a) RBI
(b) SBI
(c) UBI
(d) PNB
(e) BOI

Ques 5.
India's largest commercial bank is ?
(a) Central Bank of India
(b) State Bank of India
(c) Indian overseas bank
(d) Bank of India
(e) PNB

Ques 6.
The Monetary Policy of India is announced by the ?
(a) Prime Minister
(b) governor of the RBI
(c) Union Finance Minister
(d) Union Commerce Minister
(e) None of these

Ques 7.
Which of the following rates is NOT decided by the Reserve Bank of India ?
(a) Bank rate
(b) Repo rate
(c) Reverse Repo rate
(d) Income Tax rate
(e) None of these

Ques 8.
Bank rate of RBI is also known as :
(a) Interest Rate
(b) Discount rate
(c) Fed Rate
(d) Bid rate
(e) None of the above

Ques 9.
The limitation of CRR of RBI is :
(a) 3 -10%
(b) 3 -15%
(c) 15-38%
(d) 10 -25 %
(e) None of the above

Ques 10.
The apex organization of Indian ,money market is ______ .
(a) SBI
(c) RBI
(d) IRDA
(e) None of the above

Ques 11.
If the cash reserve is lowered by RBI, what will  be its effect on credit creation :
(a) Decrease
(b) Decreased 10%
(c) Increase
(d) No Change
(e) None of These

Ques 12.
Which of the following banks merged with punjab national banks in 1993 ?
(a) New bank of India
(b) Central Bank of India
(c) Imperial Bank of India
(d) Common bank of India
(e) None of these

Ques 13.
How many language are used on a Ten Rupee note ?
(a) 2
(b) 7
(c) 10
(d) 15
(e) 16

Ques 14.
The place where bankers meet and settle their mutual claims and accounts is known as :
(a)  Treasury 
(b) Clearing House
(c) Dumping house
(d) Collection centre
(e) None of these

Ques 15.
The largest public sector bank in India is :
(a) SBI
(b) PNB
(c) RBI
(e) None of the above

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