Dear Readers,
Welcome to the world of Banking and Financial Awareness. With SBI PO Prelims round the corner, it should be your priority to cover every aspect of Banking and Financial Awareness on daily basis. Let us see how many questions you attempt accurately.
Q1. RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. RBL Bank was established in-
(a) 1955
(b) 1931
(c) 1922
(d) 1918
(e) 1943
Q2. The Coastal Local Area Bank Ltd. was registered under Companies Act.1956, as per the license issued by the Reserve Bank of India (RBI). Where is headquarter of The Coastal Local Area Bank Ltd.?
(a) Vijayawada, Andhra Pradesh
(b) Chennai, Tamil Nadu
(c) Nagpur, Maharashtra
(d) Varanasi, Uttar Pradesh
(e) Rohtak, Haryana
Q3. Who is the present Managing Director & CEO of RBL Bank?
(a) Rama Bijapurkar
(b) Narayan Ramachandran
(c) Vishwavir Ahuja
(d) Jairaj Purandare
(e) Palepu Sudhir Rao
Q4. The deposits of each individual are insured up to __________ with the Deposit Insurance Corporation (DICGC), which is an extended arm of RBI.
(a) Rs 1 lakh
(b) Rs 2 lakh
(c) Rs 3 lakh
(d) Rs 4 lakh
(e) Rs 5 lakh
Q5. Dhanlaxmi Bank Ltd. was incorporated in 1927 at-
(a) Rajkot, Gujarat
(b) Pune, Maharashtra
(c) Warangal, Telangana
(d) Udupi, Karnataka
(e) Thrissur, Kerala
Q6. The Regional Rural Banks were owned by _________
(a) Central Government
(b) State Government
(c) Sponsor Banks
(d) All of the Above
(e) None of the above
Q7. Minimum amount that can be invested in Kisan Vikas Patra (KVP) Certificate is-
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) Rs.1000
(e) Rs. 1500
Q8. The amount invested in Kisan Vikas Patra (KVP) would get doubled in ________ months.
(a) 100
(b) 105
(c) 110
(d) 115
(e) 112
Q9. The structure of the registry which has enabled quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called?
(a) CIBIL
(b) Fraudulent Borrowers List
(c) RBI willful Defaulter List
(d) Central Fraud Registry
(e) None of the Above
Q10. The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as-
(a) Balance in Current Account
(b) Balance in Capital Account
(c) Trade Settlements
(d) Balance of Trade
(e) Balance of Payments
Q11. E-KYC is possible only for those who have?
(a) PAN Card
(b) Driving License
(c) Ration Card
(d) Aadhaar Number
(e) None of the Above
Q12. An open source platform for mobile-to-mobile fund transfers without account details launched by NPCI was?
(a) Unified Payment Interface
(b) Union of Payment Interface
(c) Payment Interface
(d) Unique Payment Interface
(e) People’s Payment Interface
Q13. Banks can not generally accept interest-free deposits. Which of the following is an exception to this rule?
(a) Current Account
(b) Savings Account of Minors
(c) Deposit from Minority groups
(d) BSBDA
(e) None of the Above
Q14. What is the full form of FCCB?
(a) Foreign Currency convertible Bond
(b) Foreign Currency credit Bond
(c) Financial Consortium and Credit Bureau
(d) Future Credit and Currency Bureau
(e) None of the Above
Q15. Which of the following works is/are done by Credit Information Companies?
(a) Collecting records of an individual’s payments pertaining to loans
(b) Maintaining records of an individual’s payments pertaining to credit cards
(c) Creating Credit Information Reports
(d) All of the Above
(e) None of the Above
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