Dear Readers,
We are providing you Banking Terms quiz. Banking Terms which has immense importance, if you want to score maximum in minimum time. This section plays tremendous role in time management. So keep studying and keep rising.
1. Reserve Bank of India was national in :
(a) 1947
(b) 1948
(c) 1949
(d) 1951
2. Open market operational of RBI refer to buying and selling of :
(a) Commercial bills
(b) Foreign exchange
(c) Gold
(d) Government bonds
3. The Narasimhan Committee(1991) on financial reforms proposed for establishment of a :
(a) Four tier hierarchy of the Banking structure
(b) Three tier hierarchy of the Banking structure
(c) Two tier hierarchy of the Banking structure
(d) United control by the apex institutions
4. Green Banking means :
(a) Development of forestry by banks
(b) Financing of environmental friendly projects by banks
(c) Financing of irrigation projects by banks
(d) None of above
5. Which one of the following in NOT a quantitative credit control technique?
(a) Bank rate
(b) Cash Reserve Ration (CRR)
(c) Increase of interest rate on saving deposit
(d) Statutory Liquidity ratio (SRR)
6. An instrument of qualitative credit control in India is :
(a) Open market operations
(b) Credit rationing
(c) Change in reserve ratio
(d) Bank rate policy
7. The Bank rate is the rate of interest at which the reserve Bank of India provides loans to the:
(a) Scheduled Commercial Banks
(b) Public Sector
(c) Corporate sector
(d) Foreign Institutional Investors
8. The Monetary Policy of India is announced by the:
(a) Prime minister of India
(b) Governor of the RBI
(c) Union Finance Minister
(d) Union commerce minister
9. Which of the following rates is NOT decided by the Reserve Bank of India?
(a) Bank Rate
(b) Repo Rate
(c) Reverse Repo rate
(d) Income tax Rates
(e) All of these
10. India has different categories of commercial bank which of the following is NOT one such category?
(a) Nationalised Banks
(b) Co-operative Banks
(c) Private Banks
(d) Foreign Banks
(e) Commodity Banks
Answer:
Q. Ans.
1 C
2 D
3 A
4 B
5 D
6 B
7 A
8 B
9 D
10 E
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