Banking Questions and Answers updated daily – General Knowledge



337 Banking Questions and answers section with explanation for various online exam preparation, various interviews, General Knowledge Banking online test. Banking Questions with detailed description, explanation will help you to master the topic.

Banking Questions

1. Redistribution policies geared to reduce economic inequalities include



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Correct Ans:All of the above
Explanation:


2. If the RBI adopts an expansionist open market operations policy, this means that it will 



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Correct Ans:offer commercial banks more credit in the open market
Explanation:


3. For which one of the following reasons Base-II norms are to be followed by Commercial Banks?



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Correct Ans:Risk management
Explanation:


4. Which one of the leading nationalized bank in 2012 celebrated its 147th year of dedicated service to the nation and has introduced 'Interactive Voice Response':



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Correct Ans:Allahabad Bank
Explanation:


5. Which was the first bank to set up talking ATM in India:



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Correct Ans:Union Bank
Explanation:


6. EBT stands for 



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Correct Ans:Electronic Banking Transfer
Explanation:


7. Solving the problems of Balance of Payments of member countries is the function of:



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Correct Ans:IMF
Explanation:


8. Mutual Funds are regulated by:
 



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Correct Ans:Securities and Exchange Board of India
Explanation:


9. The ARDC is now a branch of the



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Correct Ans:NABARD
Explanation:


10. Paper currency first started in India in



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Correct Ans:1861
Explanation:


11. The former name of Reserve Bank of India was



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Correct Ans:Central Bank of India
Explanation:


12. Regional Rural Banks were established in



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Correct Ans:1975
Explanation:


13. The bank which has the highest number of branches in the world is



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Correct Ans:State Bank of India
Explanation:


14. The New Symbol of Indian Rupee is a blend of ?



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Correct Ans:Devanagiri Ra
Explanation:


15. Which institution is known as Soft loan window of World Bank?



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Correct Ans:IDA
Explanation:


16.

The first bank managed by Indians was?




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Correct Ans:Oudh Bank
Explanation:


17. If the RBI adopts an expansionist open market operations policy, this means that it will



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Correct Ans:offer commercial banks more credit in the open market
Explanation:


18. The apex body for formulating plans and coordinating research work in agriculture and allied fields is



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Correct Ans:Indian Council of Agricultural Research
Explanation:


19. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in



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Correct Ans:1987
Explanation:


20. The co-operative credit societies have a



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Correct Ans:three-tier structure
Explanation:





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