Banking: Solved 454 Banking Questions and answers section with explanation for various online exam preparation, various interviews, Logical Reasoning Category online test. Category Questions section with detailed description, explanation will help you to master the topic.

Banking Questions

1. 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:


2. Which bank launched India's first internationally-listed certified green bond to finance climate change solutions around the world at London Stock Exchange on 6 June 2016? 




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Correct Ans:Corporation Bank
Explanation:


3. A foreign bank is one




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Correct Ans:which is incorporated outside India
Explanation:


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4. Land Development Banks in India specialise in




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Correct Ans:long-term lending
Explanation:


5. Which of the following activities to be undertaken by a bank require its registration under the Securities & Exchange Board of India (Bankers to Issues) Rules & Regulations, 1994?




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Correct Ans:All of the above
Explanation:


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6. Which of the following are the scheduled banks




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Correct Ans:None of these
Explanation:


7. Which of the following conditions must be fulfilled before a bank is included in the Second Schedule to the Reserve Bank of India Act?




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Correct Ans:All of the above
Explanation:


8. “Scheduled bank”means a bank




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Correct Ans:included in the Second Schedule to the Reserve Bank of India Act, 1934
Explanation:


9. Central Monetary Authority of the country is




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Correct Ans:Reserve Bank of India
Explanation:


10. Which of the following is known as the central bank of the country




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Correct Ans:Reserve Bank of India
Explanation:


11. The money market in India consists of two sectors, namely, the organized sector and the unorganized sector. Which of the following do not fall under organized sector?




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Correct Ans:Indigenous bankers
Explanation:


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12. The commercial banking system in India consists of




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Correct Ans:scheduled and non-scheduled banks
Explanation:


13. The leader of the Indian money market is




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Correct Ans:Reserve Bank of India
Explanation:


14. Which of the following Fls are under full-fledged regulation and supervision of Reserve Bank of India




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Correct Ans:ADB
Explanation:


15. Which of the following is an investment institution




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Correct Ans:Life Insurance Corporation of India
Explanation:


16. Which of the following fall in the category of refinance institutions




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Correct Ans:All of the above
Explanation:


17. Real Time Gross Settlement (RTGS) is management by ________.




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Correct Ans:Reserve Bank of India
Explanation:
Real Time Gross Settlement (RTGS) is an electronic form of funds transfer where the transmission takes place on a real time basis. In India, transfer of funds with RTGS is done for high value transactions, the minimum amount being Rs 2 lakh. The beneficiary account receives the funds transferred, on a real time basis.RTGS is management byReserve Bank of India (RBI).


18. Non-Banking Financial Institutions comprise of




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Correct Ans:All of the above
Explanation:


19. Indian Financial System comprises of




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Correct Ans:All of the above
Explanation:


20. A bond, debenture or preferred share that may be exchanged by the owner for common stock or another security, usually of the same company, in accordance with the terms of the issue is known as




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Correct Ans:Convertible
Explanation:





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