Banking Awareness Quiz Trivia : Part 5

August 30, 2016
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
b) SEBI
(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
(d) ICICI
(e) None of the above



Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience