Latest Banking Dates General Knowledge(GK) Questions and answers

1 .

'Time Bank' model is being adopted for

A)

Care of babies of working class women

B)

Care of elderly people

C)

Care of orphans

D)

Care of people affected from the leprosy

Correct Answer : Care of elderly people

2 .

The Reserve Bank of India defines narrow money as

A)

CU (currency notes + coins) + DD (net demand deposits held by commercial banks)

B)

CU + DD + saving deposits with post office savings banks

C)

CU + DD + net time deposits of commercial banks

D)

CU + DD + net time deposits of commercial banks + total deposits of post offices

Correct Answer : CU + DD + saving deposits with post office savings banks

3 .

Which foreign bank operating in India celebrated 200 years of its existence ?

A)

Standard and Chartered Bank

B)

Citi Bank

C)

HSBC

D)

Royal Bank of Scotland

Correct Answer : Royal Bank of Scotland

4 .

From the banking perspective, the use of ATM can be called :

A)

Personal banking

B)

Internet banking

C)

Mobile banking

D)

Branchless banking

Correct Answer : Branchless banking

5 .

Which of the following bank has launched Banking Robot Laximi?

A)

City union Bank

B)

HDFC Bank

C)

AXIS Bank

D)

AXIS Bank

Correct Answer : City Union Bank

6 .

A leading bank in India has recently (July 2016) launched a social media banking platform for its facebook and twitter users which goes by the name of â€˜Mingleâ€™. Name the Bank

A)

Bank of Baroda

B)

Yes Bank

C)

State Bank of India

D)

Punjab National Bank

Correct Answer : State Bank of India

7 .

How would you classify the services provided by a bank to issue IPOs or corporate bonds ?

A)

Investment banking

B)

Corporate banking

C)

Net banking

D)

Retail banking

Correct Answer : Investment banking

8 .

Retail banking includes which of the following ?

A)

Corporate loans

B)

Micro finance

C)

Personal loans

D)

Foreign exchange transactions

Correct Answer : Personal loans

9 .

The Digital Wallet Pockets is a complete payment solution launched by

A)

HDFC Bank

B)

ICICI Bank

C)

Axis Bank

D)

SBI

Correct Answer : ICICI Bank

10 .

The Federal Reserve is the central banking system of

A)

United Kingdom

B)

Russia

C)

Europe

D)

USA

Correct Answer : USA