• Banking Quiz – 28

    271 Six private sector banks were nationalized on in April, 1980 with minimum reserves of?
      A) Rs. 50 crores
      B) Rs. 100 crores
      C) Rs. 200 crores
      D) Rs. 300 crores
       
    272 Full form of MICR used in Banking?
      A) Magnetic ink code realization
      B) Magnetic ink city recognition
      C) Magnetic ink code recognition
      D) Magnetic ink character recognition
       
    273 The first Narasimhan Committee (Committee on the Financial System – CFS) was appointed by?
      A) P.Chidambaram
      B) Manmohan Singh
      C) P V Narasima Rao
      D) Rajiv Gandhi
       
    274 Bank of Bengal, Bank of Madras and Bank of Bombay were merged in which year to form Imperial Bank of India?
      A) 1935
      B) 1921
      C) 1905
      D) 1806
       
    275 Which of these below entities give Short and Medium term loans to Regional Rural Banks (RRBs)
      A) RBI
      B) NABARD
      C) EXIM Bank
      D) SBI
       
    276 RBI introduced Liquidity Adjustment Facility (LAF) in which year?
      A) 1991
      B) 1999
      C) 1995
      D) 1997
       
    277 How many directors are there in the board of RBI including Governor and deputy governor?
      A) 19
      B) 20
      C) 21
      D) 22
       
    278 Which in the list are the promotors of the Clearing Corporation of India (CCIL)?
      A) State Bank of India, IDBI Bank Ltd
      B) ICICI Bank Ltd, Life Insurance Corporation of India (LIC)
      C) Bank of Baroda and HDFC Bank Ltd
      D) All of the Above
       
    279 The Reserve Bank of India was set up based on the recommendations of?
      A) Narasimham Commission
      B) Tandon Commission
      C) Hilton–Young Commission
      D) Rangarajan Commission
       
    280 The Shipping guarantee is a?
      A) Guarantee issued by the ship company to importer
      B) Guarantee issued by the borrower for any Shipping related loan
      C) written indemnity by the Bank to the shipping company
      D) None of These

     

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