Banking G.K.

Topicwise Questions - Banking and Currency

30. In which year (prior to 2016) were the high value currency notes demonetized?

  1. 1978
  2. 1977
  3. 1976
  4. 1979

31. The headquarters of European Central Bank which administers the currency Euro are in –

  1. Paris
  2. Frankfurt
  3. London
  4. Geneva

32. The rate at which the Reserve Bank of India lends money to commercial banks is known as –

  1. Repo Rate
  2. Base Rate
  3. Bank Rate
  4. Reverse Repo Rate

33. The new 2000 rupee note has the image of -

  1. INS Vikramaditya
  2. Mangalyaan
  3. Red Fort
  4. Thiruvalluvar

34. Where in Karnataka is RBI's Note Press located?

  1. Mysore
  2. Mangalore
  3. Kalaburagi
  4. Dharwad

35. Which of the following was merged with SBI before 2017?

  1. State Bank of Mysore
  2. State Bank of Indore
  3. State Bank of Hyderabad
  4. State Bank of Patiala

36. The rate at which RBI borrows money from banks is known as –

  1. Bank rate
  2. Repo rate
  3. Reverse Repo rate
  4. Base rate

37. What is the minimum limit for an RTGS transaction?

  1. Rs. 10,000
  2. Rs. 20,000
  3. Rs. 1,00,000
  4. Rs. 2,00,000

38. National Institute of Bank Management is located in

  1. Mumbai
  2. New Delhi
  3. Chandigarh
  4. Pune

39. In which year was the decimal system of currency introduced in India?

  1. 1955
  2. 1957
  3. 1961
  4. 1963

40. Headquarters of which bank are located in Manipal, Karnataka?

  1. Syndicate Bank
  2. Canara Bank
  3. Corporation Bank
  4. Vijaya bank

41. The ratio of bank's capital to its assets is known as –

  1. Statutory Liquidity Ratio
  2. Cash Reserve Ratio
  3. Capital Adequacy Ratio
  4. Debt - Equity Ratio

42. Upto what denomination can coins be issued by the RBI?

  1. Rs. 10
  2. Rs. 100
  3. Rs. 500
  4. Rs. 1000

43. The headquarters of Asian Development Bank are located in-

  1. Manila
  2. Jakarta
  3. Singapore
  4. Bangkok

44. The minimum percentage of demand and time liabilities which a bank has to maintain in the form of liquid assets is known as –

  1. Statutory Liquidity Ratio
  2. Cash Reserve Ratio
  3. Capital Adequacy Ratio
  4. Debt - Equity Ratio

45. Which of the following currency notes has the image of the Parliament of India?

  1. Rs. 50
  2. Rs. 100
  3. Rs. 500
  4. Rs. 2000

46. Prathama Grameen Bank, the first RRB was sponsored by –

  1. Indian Bank
  2. Syndicate Bank
  3. Canara Bank
  4. Bank of India

47. Who appoints the Chairman of the RRB?

  1. Reserve Bank of India
  2. State Government
  3. Central Government
  4. Sponsor Bank

48. The new 200 rupee note has the image of –

  1. Sanchi Stupa
  2. Jantar Mantar
  3. Hampi Chariot
  4. Sun Temple

49. What is the share of Central Govt in the capital of Regional Rural Bank?

  1. 25%
  2. 30%
  3. 40%
  4. 50%

50. The share of Sponsor bank in the capital of Regional Rural Bank is

  1. 50%
  2. 40%
  3. 35%
  4. 25%

51. Who became the first Chairman of State Bank of India in 1935?

  1. John Mathai
  2. CD Deshmukh
  3. OP Bhatt
  4. VKRV Rao

52. The headquarters of National Housing Bank are located in –

  1. New Delhi
  2. Mumbai
  3. Chennai
  4. Ahmedabad

53. Which of the following established the first Mutual Fund in India?

  1. SBI
  2. LIC
  3. GIC
  4. UTI

54. Which was the first bank to introduce internet banking in India?

  1. State Bank of India
  2. HDFC Bank
  3. ICICI Bank
  4. Punjab national Bank

55. MDR with respect to banking stands for -

  1. Multiple Discount Rate
  2. Merchant Debit Ratio
  3. Merchant Discount Rate
  4. Market Discount Ratio

56. Which of the following countries has pound as its currency?

  1. Bahrain
  2. Egypt
  3. Iraq
  4. Jordan

57. Which bank in India was the first to launch mutual funds?

  1. Canara Bank
  2. Punjab National Bank
  3. Indian Bank
  4. State Bank of India

58. Whose signatures are found on one rupee note in India ?

  1. Governor, Reserve Bank of India
  2. Finance Minister, Government of India
  3. Finance Secretary, Ministry of Finance Government of India
  4. One rupee note does not have any signatures

59. The authorised capital of a Regional Rural Bank as per RRB Act, 1976 is –

  1. 100 crores
  2. 500 crores
  3. 1000 crores
  4. 2000 crores

60. The new 500 rupee note has the image of -

  1. Mangalyaan
  2. Red Fort
  3. Taj Mahal
  4. Tiger

61. Which is a foreign bank in India?

  1. Catholic Syrian Bank
  2. Citi Bank
  3. Federal Bank
  4. City Union Bank

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