Banking Awareness Questions for NABARD Prelims Exam 2017

Just a few days are left for NABARD Prelims Exam It is time to pace up your preparation of Banking Awareness for NABARD and IBPS Exam, These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. Currently, which of the following combination has female CMDs or heads? 

(a) HDFC, ICICI, Axis Bank 

(b) ICICI, Axis Bank, Kotak Mahindra Bank 

(c) Yes Bank, Kotak Mahindra Bank, SBI 

(d) SBI, ICICI, Axis Bank

(e) None of the given options is true

Q2. Which two private sector banks have got the license from RBI in 2014? 

(a) Bandhan and Yes Bank 

(b) Yes Bank and IDFC 

(c) IDFC Bank and Bandhan Bank

(d) Axis Bank and ICICI 

(e) None of the given options is true

Q3. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Group’s monthly publication?

(a) Janet Yellen

(b) Raghuram Rajan

(c) Graeme Wheeler 

(d) Mario Draghi

(e) None of the given options is true

Q4. Which bank first introduced Automated Teller Machine (ATM) in India (1987)? 

(a) SBI 

(b) Punjab National Bank 

(c) Federal Bank 

(d) HSBC

(e) None of the given options is true

Q5. Bank of Rajasthan was merged with which private sector bank? 

(a) ICICI Bank

(b) Axis Bank 

(c) HDFC Bank 

(d) Kotak Mahindra Bank

(e) None of the given options is true 

Q6. NABARD was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on-

(a) 12th July 1982

(b) 01st January 1949

(c) 19th July 1980

(d) 15th April 1969

(e) 05th November 1982

Q7. The mission of NABARD is To Promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institution development and other innovative initiatives. What is the meaning of “R” IN NABARD?

(a) Regional

(b) Rural

(c) Reconstruction

(d) Revised

(e) Remittance

Q8. SAT is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India  (SEBI) Act, 1992. SAT stands for-

(a) Securities Appellate Tribunal

(b) Securities Appellate Treaty

(c) Securities Association Tribunal

(d) Saving  Appellate Tribunal

(e) None of the given options is true

Q9. The Securities and Exchange Board of India (SEBI) was established on- 

(a)  12th April 1999

(b)  12th April 1992

(c)  12th April 1949

(d)  12th April 1990

(e)  12th April 1995

Q10. NABARD was set up with an initial capital of-

(a) Rs 200 crore 

(b) Rs 1500 crore

(c) Rs 500 crore  

(d) Rs 100 crore

(e) Rs 1000 crore 

Q11. Which organisation holding the highest/maximum share in NABARD as on 31st March 2016?

(a) Finance Ministry 

(b) Government of India

(c) Reserve Bank of India

(d) Securities and Exchange Board of India

(e) None of the given options is true

Q12. Who is the present Chairman of SEBI?

(a) Ajay Tyagi

(b) Kshatrapati Shivaji

(c) Yaduvendra Mathur

(d) Shaktikanta Das

(e) Urjit Patel

Q13. At the instance of Government of India Reserve Bank of India (RBI) was constituted a committee to review the arrangements for institutional credit for agriculture and rural development (CRAFICARD) on 30 March 1979, under the Chairmanship of-

(a) V K Malhotra

(b) C Rangarajan

(c) B Sivaraman

(d) Hilton Young

(e) None of the given options is true

Q14. The Government of India, the concerned State Government and the bank, which had sponsored the RRB contributed to the share capital of RRBs in the proportion of ________________ respectively. 

(a) 50%, 15% and 35%

(b) 50%, 35% and 15% 

(c) 35%, 50% and 35% 

(d) 15%, 50% and 35% 

(e) None of the given options is true

Q15. Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by which act?

(a) Companies Act, 1956

(b) RRBs Act, 1976

(c) RBI Act, 1935

(d) Banking Regulation Act, 1949

(e) None of the given options is true