Latest Banking Dates General Knowledge(GK) Questions and answers

Banking - General Knowledge Questions

1 .

The Reserve Bank of India has adopted star series numbering system for replacement of the

A)

Defectively printed banknotes

B)

Altered and shrunk banknotes

C)

Washed and mutilated banknotes

D)

Dirty and soiled banknotes

Correct Answer : Defectively printed banknotes

2 .

The Currency Chests are store houses where bank notes and rupee coins are clocked on behalf of

A)

Public Sector Banks

B)

State Bank of India

C)

Reserve Bank of India

D)

Scheduled Banks

Correct Answer : Reserve Bank of India

3 .

Janalakshmi Small Finance Bank is headquartered in

A)

Hyderabad

B)

Bengaluru

C)

Mumbai

D)

Kolkata

Correct Answer : Bengaluru

4 .

The Institute for Development and Research in Banking Technology (IDRBT) is a banking research institute established by Reserve Bank of India (RBI). It is located

A)

Chennai, Tamil Nadu

B)

Mumbai, Maharashtra

C)

Pune, Maharashtra

D)

Hyderabad, Telangana

Correct Answer : Hyderabad, Telangana

5 .

The last six characters of the alphanumeric IFSC printed on the cheques helps in identifying the

A)

Bank branch

B)

Bank name

C)

Type of account

D)

Business or profession

Correct Answer : Bank branch

6 .

Which one of the following is not a function of commercial bank?

A)

Issuing currency

B)

Credit creation

C)

Issuing travelers cheque

D)

None of the above

Correct Answer : Issuing currency

7 .

Which of the following is not the function of Reserve Bank of India (RBI)?

A)

Banker to Government

B)

Issue of bank notes

C)

To open saving bank account for general public

D)

Custodian of cash reserves of Commercial Banks

Correct Answer : To open saving bank account for general public

8 .

The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in

A)

Kolkata, West Bengal

B)

Mumbai, Maharashtra

C)

Chennai, Tamil Nadu

D)

New Delhi, Delhi

Correct Answer : Kolkata, West Bengal

9 .

The Central Banking Functions in India are performed by

A)

Central Bank

B)

SBI

C)

Both (A) and (B)

D)

RBI

Correct Answer : RBI

10 .

Which was the first private sector bank in India ?

A)

Catholic Syrian Bank

B)

Nedungadi Bank

C)

City Union Bank

D)

Nainital Bank

Correct Answer : Nedungadi Bank