1) In which year was the Bank of Maharashtra established?

a. 1937
b. 1935
c. 1934
d. 1949

2) Name the micro finance company that becomes the first to start operation as a commercial bank?

a. PayTm Bank
b. Vodafone m-Pisa Bank
c. Yes Bank
d. Bandhan Bank

3) Of the 11 companies that were given in-principle nod by the Reserve Bank of India (RBI) to set up pay
banks in August, 2015, three have already dropped out. Which among the following company has dropped

a. Airtel Money
b. Tech Mahindra
c. PayTm
d. Vodafone mPesa

4) The headquarters of Bank of Maharashtra is in Pune. Where is the head office of Andhra Bank?
a. Hyderabad

b. Bangalore
c. Manipal
d. Mangalore

5) Which bank was the sponsor of Prathama Gramin Bank?

a. Bank of Baroda
b. Indian Bank
c. Punjab National Bank
d. Syndicate Bank

6) Reserve Bank of India (RBI) recently granted an in-principle license to ________ entities for setting up
finance banks.

a. 11
b. 10
c. 12
d. 2

7) What is the full-form of NBFC?

a. Non-Bank Financial Competition

b. Non-Bank Foreign Company
c. Non-Banking Financial Company
d. Non-Banking Finance Corporation
8) What is the share of Foreign Banks in total branch network in India?

a. Less than 1%
b. More than 5%
c. Around 4%
d. Around 3.2 %

9) Who insures banks in India?

a. IRDA
b. EXIM
c. DICGC
d. ECGC

10) How many developments banks are there in India?

a. 5
b. 6
c. 7
d. 8

11) Co-operative Societies Act was enacted in which year?

a. 1912
b. 1949
c. 1935
d. 1913

12) What is the present number of Local Area Banks in India?

a. 3
b. 4
c. 5
d. 6
13) Among the following the correct share of Central, State and Sponsor Bank in RRBs is
_____?

a. 35%, 40%, 25%

b. 15%, 35%, 50%
c. 30%, 35%, 35%
d. 50%, 15%, 35%

14) Which of the following apex bodies regulates the RRBs?

a. RBI
b. NABARD
c. SIDBI
d. State Government

15) “Scheduled bank” in India means a bank _____.

a. Incorporated under the Companies Act, 1956

b. Authorized to the Banking business
c. Governed by the Banking Regulation Act, 1949
d. Included in the Second schedule to the Reserve Bank of India Act 1934

16) The SBI merged entity will have an asset base of ____?

a. 35 trillion
b. 37 trillion
c. 72 trillion
d. 45 trillion

17) Which is the largest commercial bank in India?

a. Bank of India
b. Axis Bank
c. State Bank of India
d. HDFC

18) With whom does the ownership of Public sector banks rest?
a. Government of India
b. Jointly with Government of India and share-holders from the public
c. Jointly with Government of India and State Bank of India
d. Jointly with Government of India and Reserve Bank of India

19) Which of the following scheme was formulated by RBI?

a. Banking Ombudsman Scheme

b. Jan Dhan Yojana
c. MUDRA Bank Yojana
d. Boutique Financing Scheme

20) Among the following, which is not a subsidiary of RBI?

a. NHB
b. NABARD
c. DICGC
d. IDBI

21) Which of the following is true about the functions performed by RBI?

(i) It is the Bank of Issue

(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit

22) How many Deputy Governors are there in RBI?

a. 2
b. 4
c. 5
d. 10

23) Which is a tool that helps RBI to stabilize money supply and prices of Government
securities?

a. EOQ
b. EPQ
c. JIT
d. OMO

24) Which of the following is the rate at which the RBI lends money to commercial banks
in the event of any shortfall of funds?

a. Benchmark Prime Lending Rate

b. Annual Percentage Rate
c. Bank Rate
d. Repo Rate
25) Under whose chairmanship did RBI constitute a Working Group for making balance
of payments manual?

a. Anand Sinha
b. Deepak Mohanty
c. Harun Rashid Khan
d. Kamlesh Chandra Chakrabarty

26) On which rate base, overnight money is needed by bank from RBI?

a. MSF
b. Repo rate
c. Reverse repo
d. Bank rate

27) What is the full form of CRR?

a. Cash Reserve Rate

b. Cash Reserve Raio
c. Cash Recession Ratio
d. Core Reserve Rate

28) What will be the impact if Reserve Bank of India reduces the Bank Rate by 1%?
a. Less liquidity in the market
b. More liquidity in the market
c. No change in the market liquidity
d. Mobilization of more deposits by commercial banks

29. In which year Punjab National Bank was esrablished?

a)1880
b)1894
c)1900
d)None of these

30) Regulatory Authority for Regional Rural Bank is of

a) Sponsor Bank
b)State Government
c) RBI and NABARD
d) None of these

31) EBT stands for

a) Electronic Beginning Transaction
b) Electronic Benefit Transfer
c) Electric Belated Transfer
d)None of these

32) The Instrument can not be presented for the payment in the clearing house is:-
a) Fixed deposit receipt
b)Dividends
c)Demand Drafts
d)None of these

33) Which among the following is considered as 100% CSR Company

a)SDB(Small development Bank)
b)Corporate social Responsibility
c)Corporate social reforms
d)None of Above

34) ARDC stands for

a)Agriculture Refinance and Development Corporation
b)Agriculture Research and Development Commission
c)Agriculture Research and Development
d)None of the Above

The RBI’s methods of credit control may be broadly divided into ____...
Quantitative and Qualitative...