Banking Question

Q1. Which is the country’s third largest private sector lender whose name has been officially changed to the Axis Bank ltd. ?

1. HDFC Bank
2. Lord Krishna Bank
3. Centurion Bank
4. UTI Bank

Ans. (4)

Q2. In which year was the Reserve Bank of India established ?

1. 1935
2. 1947
3. 1949
4. 1952

Ans.(1)

Q3. Expand the term LIBOR as used in financial banking sectors?

1. Local Indian Bank Offered Rate
2. London-India Bureau Of Regulations
3. Liberal International Bank Official Ratio
4. London Inter Bank Offered Rate

Ans.(4)

Q4. Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

1. RBI
2. SIDBI
3. NABARD
4. SEBI

Ans.(3)

Q5. In which denomination were India's first bimetallic coins issued in the year 2009?

1. Rs. 100
2. Rs. 5
3. Rs. 10
4. Re. 1

Ans. (3)

Q6. Which of the following is not the function of the Reserve Bank of India ?

1. Acting as banker to the Government
2. Keeping of Foreign Exchange Reserve
3. Issuing of one rupee notes and coins
4. Regulating credit in the country

Ans. (3)

Q7. With which of the following is SARFAESI Act 2002 related?

1. Recovery of bad loans
2. Regulation of Foreign Exchange
3. Fixation of interest rates
4. Acquisition of small banks

Ans.(1)