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BANKING NEWS MCQs

Banking, Banking Awareness

Total Questions : 234 | Page 19 of 24 pages
Question 181. When was RBI established?
  1.    1935
  2.    1949
  3.    1929
  4.    1914
 Discuss Question
Answer: Option A. -> 1935


Reserve Bank of India was established in April, 1935 with a capital of 5 cr.


Question 182. Which of the following bank has launched 'iwatch' Banking project?
  1.    SBI
  2.    ICICI
  3.    HDFC
  4.    PNB
 Discuss Question
Answer: Option C. -> HDFC




Question 183. Which of the following is not the function of the RBI?
  1.    Banker's Bank
  2.    Controller of credit
  3.    Custodian of Foreign Exchange Reserve
  4.    Allotting money directly to farmers for agricultural development
 Discuss Question
Answer: Option D. -> Allotting money directly to farmers for agricultural development




Question 184. Which of the following sentence is not correct?
  1.    RBI was nationalized on January 1, 1935
  2.    RBI's head quarter is in Delhi
  3.    RBI is the custodian of the foreign currency in India
  4.    RBI has 4 Deputy Governors
 Discuss Question
Answer: Option B. -> RBI's head quarter is in Delhi




Question 185. 'Sugam' is a scheme launched for
  1.    Small tax payers
  2.    Pensioners getting old age pension
  3.    Big corporate houses
  4.    Getting all sorts of permission
 Discuss Question
Answer: Option A. -> Small tax payers




Question 186. In Banking terminology, NPA means
  1.    Non-Promise Account
  2.    Non-Personal Account
  3.    Non-Performing Asset
  4.    Net-performing Asset
 Discuss Question
Answer: Option C. -> Non-Performing Asset




Question 187. Which of the following schemes have been launched for the school-going children?
  1.    Lok Jumbish
  2.    Mid-Day Meal
  3.    AYUSH
  4.    SarvaShikshaAbhiyan
 Discuss Question
Answer: Option B. -> Mid-Day Meal




Question 188. What is the full form of 'ULIP', the term which was in the news recently?
  1.    Universal Life & Investment Plan
  2.    Unit Loan & Investment Plan
  3.    Unit Linked Insurance Plan
  4.    Uniformly Loaded Investment Plan
 Discuss Question
Answer: Option C. -> Unit Linked Insurance Plan




Question 189. Which of the following schemes has been launched for providing health services in rural areas?
  1.    Operation Flood
  2.    Look East
  3.    SJSRY
  4.    ASHA
 Discuss Question
Answer: Option D. -> ASHA




Question 190. Securities and Exchange Board of India, is described among which of the following statements?
  1.    SEBI is the regulator for the capital markets
  2.    SEBI protects the interest of investors
  3.    SEBI is for ethical practices
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above




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