Important Banking Awareness Questions - Answer MCQs Part - 2

Important Banking Awareness Questions - Answer MCQs Part - 2

This Question will be of immense help for the upcoming RBI Assistant Main, SBI Clerk Main, SEBI and NABARD Grade A Mains and other exams. General Awareness section can prove to be your saviour for the bank Exams keeping in mind the increasing difficulty level and the constantly changing pattern of all other sections.

21.Which of the following clearly define the Leasing services?

[A] One party agrees to rent property owned by another party.
[B] It guarantees the lessee, also known as the tenant, use of an asset.
[C] It guarantees the lessor, regular payments from the lessee .
[D] All of the Above

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22.Which one of the following is known as the father of Leasing Financing in India?

[A] C.R Pachauri
[B] Nandan Nilekani
[C] Farouk Irani
[D] A C Muthia.

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23.When was Deposit Insurance and Credit Guarantee Corporation established under RBI?

[A] 1976
[B] 1978
[C] 1981
[D] 1969

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24.What is Section 7 of the RBI Act 1934?

[A] It allows RBI to buy and sell Foreign currency
[B] It empowers the government to issue directions to the RBI
[C] It allows the RBI to appoint its own staff
[D] None

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25.When did the Banking Regulation Act come into effect?

[A] 16th March 1949
[B] 10th March 1949
[C] 12th March 1950
[D] 6th March 1950

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26.What is the name of the central bank of Germany?

[A] German State Bank
[B] Deutsche Bundesbank
[C] Bayerische Landesbank
[D] HypoVereinsbank

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27.Where was the first Land Development Bank set up in India?

[A] Punjab
[B] Tamil Nadu
[C] Odisha
[D] Bihar

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28.Where is the headquarter of SBI located in India?

[A] New Delhi
[B] Bangalore
[C] Chennai
[D] Mumbai

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29.Where is the operational head office of HSBC Bank located in India?

[A] New Delhi
[B] Bangalore
[C] Mumbai
[D] Chennai

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30.Which state the Vananchal Gramin Bank belongs to?

[A] Jharkhand
[B] Madhya Pradesh
[C] Chhattisgarh
[D] Bihar

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31.Which is the biggest private sector bank in India?

[A] ICICI Bank
[B] Axis Bank
[C] HDFC Bank
[D] None of the above

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32.When was HDFC bank established?

[A] 1994
[B] 1991
[C] 1993
[D] 1996

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33.How many foreign banks are there in India at present?

[A] 42
[B] 43
[C] 44
[D] 45

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34.Who manages the registration and management activities of Urban co-operative banks in India?

[A] RBI
[B] NABARD
[C] RCS
[D] None of the above

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35.Which was the first Cooperative Bank established in India?

[A] Bharat Co-operative Bank Limited
[B] Kangra Central Co-operative Bank Limited
[C] Anyonya Co-operative Bank Limited
[D] Abhyudaya Co-operative Bank

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36.In which year the Regional Rural Banks Act was passed?

[A] 1986
[B] 1976
[C] 1992
[D] 1988

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37.When was Krishna Bhima Samruddhi Local Area Bank Ltd established?

[A] 2000
[B] 2001
[C] 2002
[D] 2004

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38.Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?

[A] EXIM Bank
[B] ICICI
[C] IDBI
[D] NABARD

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39.Where is the headquarter of National Housing Bank located?

[A] New Delhi
[B] Mumbai
[C] Chennai
[D] Bangalore

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40.How much credit small finance banks has to give to priority sectors?

[A] 50%
[B] 75%
[C] 40%
[D] 80%

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