Latest Banking Dates General Knowledge(GK) Questions and answers

1 .

According to RBI guidelines, a scheduled commercial bank can own stake in a payments bank to the extent permitted under Section 19(2) of the

A)

Banking Regulation Act, 1949

B)

Reserve Bank of India Act, 1953

C)

State Bank of India Act, 1955

D)

Public Financial Institutions Act, 1956

Correct Answer : Banking Regulation Act, 1949

2 .

National Bank for Agriculture and Rural Development (NABARD) came into existence on

A)

12th July, 1978

B)

12th July, 1980

C)

12th July, 1981

D)

12th July, 1982

Correct Answer : 12th July, 1982

3 .

Which of the following banks is the Worldâ€™s largest bank by assets ?

A)

Bank of America

B)

Industrial and Commercial Bank of China (ICBC)

C)

BNP Paribas

D)

Bank of China

Correct Answer : Industrial and Commercial Bank of China (ICBC)

4 .

Which Bank is the latest entry in RBI's "Too Big to Fail Lenders List" ?

A)

HDFC Bank

B)

Axis Bank

C)

Bandhan Bank

D)

IDBI Bank

Correct Answer : HDFC Bank

5 .

In which year did the Government of India nationalized 14 major private banks?

A)

1965

B)

1968

C)

1969

D)

1970

Correct Answer : 1969

6 .

Which one of the following is 'not' a function of the Reserve Bank of India ?

A)

Regulation of issue of bank notes

B)

Banker to the government

C)

Controller of Credit

D)

Refinancing loans granted to MSME

Correct Answer : Refinancing loans granted to MSME

7 .

Which of the following is the first bank to tie up with Indian railways to sell rail tickets through its web site ?

A)

State Bank of India

B)

ICICI Bank

C)

Axis Bank Ltd.

D)

Punjab National Bank

Correct Answer : ICICI Bank

8 .

State Bank of India was previously known as

A)

Canara Bank

B)

Imperial Bank of India

C)

Syndicate Bank

D)

Cooperative Bank of India

Correct Answer : Imperial Bank of India

On the basis of the conclusions of Gorwala Committee, Imperial Bank of India was nationalised on July 1, 1955 and it was renamed as 'State Bank of India'.

9 .

What are the activities of Exim Bank of India?

A)

It finances, facilitates and promotes India's international trade.

B)

It provides competitive finance at various stages of the business cycle covering import of technology, export product development, export product development, export at pre-shipment and post shipment stages and investments overseas.

C)

It provides agricultural loans to Indian farmers for nice cultivation.

D)

Both (a) and (b)

Correct Answer : Both (a) and (b)

10 .

MUDRA bank is as

A)

to boost imports

B)

Provide tax free interest to investors

C)

Provide tax free interest to investors

D)

Encourage entrepreneurship in India

Correct Answer : Encourage entrepreneurship in India