Banking Awareness Question set 5

Model Banking awareness solved Question set 5 for IBPS  and all  banking competitive examinations

1. Which of the following is/ are known as banker’s Bank ?
   1. SBI
   2. NABARD
   3. RBI
   4. All of these
   5. None of these
2. Which of the following is the Central Bank of the country
   1. RBI
   2. SBI
   3. RRB
   4. NABARD
   5. None of these
3. RBI was established on
   1. 1 April , 1935
   2. 1 March , 1935
   3. 1 April , 1934
   4. 1 March , 1934
   5. None of these
4. Which of the following is/ are function of the RBI ?(i) Acts as the currency authority
   (ii) Controls money supply and credit
   (iii) Manage foreign exchange
   (iv) Serves as banker to the government
   1. (i) and (iii)
   2. (ii) and  (iii)
   3. (i) , (ii) and  (iii)
   4. (i) , (ii) , (iii) and (iv)
   5. None of these
5. Which of the following is not correct about Non-Banking Financial Companies (NBFCs)?
   1. NBFC can not accept demand deposits
   2. NBFC is not a part of the Payment and Settlement System
   3. NBFC can issue cheques drawn on it self
   4. NBFC are fast emerging segment of indian financial system
   5. None of these
6. The working and operations of NBFCs are regulated by
   1. SBI
   2. RBI
   3. Finance Ministry
   4. IDBI
   5. None of these
7. Which of the following is not correct matched ?
   1. IFCI—1948
   2. ICICI—1956
   3. IDBI—1964
   4. SIDBI—1988
   5. None of these
8. The National Housing Bank (NHB) was established in
   1. 1988
   2. 1986
   3. 1990
   4. 1982
   5. None of these
9. The premier export finance institution of the country is
   1. RBI
   2. SBI
   3. EXIM Bank
   4. IDBI
   5. None of these
10. Which of the following was/were the recommendation/s of the Narasimham Committee on banking sector reforms ?
    1. Reduction of SLR
    2. Reduction of CRR
    3. Reduction in the number of public sector banks
    4. All of the above
    5. None of the above

Answer

1. (3)
2. (1)
3. (1)
4. (4)
5. (3)
6. (2)
7. (4)
8. (1)
9. (3)
10. (4)