Banking Questions and Answers updated daily – General Knowledge



310 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. National Bank is a:



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Correct Ans:Public sector bank
Explanation:


2. Commercial banks in Pakistan are supervised by:



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Correct Ans:State Bank
Explanation:


3. The DBS bank is largest bank of which country ?



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Correct Ans:Singapore
Explanation:


4. Which is a monetary measure to increase employment:



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Correct Ans:Reducing interest rate
Explanation:


5. It is NOT an instrument of monetary policy:



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Correct Ans:Issue notes
Explanation:


6. Which was the first bank corporated by Indians in 1881?



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Correct Ans:Avadh Commercial Bank
Explanation:


7. Every country establishes central bank to:



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Correct Ans:(a) and (b) of above
Explanation:


8. Central bank's rate of lending to commercial banks is called



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Correct Ans:Discount rate
Explanation:


9. When a central bank wants to increase money supply in circulation:



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Correct Ans:(a) and (b) of above
Explanation:


10. Who will settle the grievances of customers of banks ?



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Correct Ans:Ombuds Men
Explanation:


11. State Bank of Pakistan has departments



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Correct Ans:Issue, research and banking department
Explanation:


12. Monetary policy consists of:



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Correct Ans:Changing total money supply
Explanation:


13. In the second nationalization of commercial banks, ___banks were nationalized.



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Correct Ans:6
Explanation:


14. If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to



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Correct Ans:increase it
Explanation:


15. Which of the following items would not appear in a company's balance Sheet?



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Correct Ans:Revenue from sales of the company's products
Explanation:


16. Revenue of the state governments are raised from the following sources, except



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Correct Ans:agricultural income tax
Explanation:


17. Since the inception of the co operative movement, rural credits has been



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Correct Ans:All of the above
Explanation:


18. Which one of the following is not an electronic banking delivery channel ?



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Correct Ans:Mobile Vans
Explanation:


19. RBI takes certain steps to curb the menace of Inflation. In this context, which among the following will not help RBI in controlling the inflation in the country? 



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Correct Ans:A purchase of securities in the open market
Explanation:


20. First printing press for bank notes in India was established at __? 



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Correct Ans:Nasik
Explanation:





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