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General Knowledge :: Banking Awareness

  1. Indian Commercial Banks are categorized into

  2. A.

     Public sector Banks

    B.

     Foreign Banks

    C.

     Private Sector Banks

    D.

     All of the above

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  3. Regional Rural Banks have been set up with the basic objectives of

  4. A.

     Providing credit to semi - urban & urban population

    B.

     Providing deposits facilities to farmers

    C.

     Providing credit & deposit facilities to rural areas

    D.

     Providing credit, deposit and other banking facilities to people in rural areas

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  5. _____ is raised in capital markets.

  6. A.

     Funds through long term securities

    B.

     Long term loans through Govt. securities

    C.

     Medium term loans

    D.

     Short - term instruments

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  7. Interest on Government securities on fixed basis is known as

  8. A.

     Bank rate

    B.

     Coupon

    C.

     Prime Lending Rate

    D.

     Bench mark PLR

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  9. __ was not nationalized in 1969

  10. A.

     Punjab National Bank

    B.

     Oriental Bank of commerce

    C.

     Bank of Baroda

    D.

     Union Bank of India

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  11. In the first round 14 major banks with a liability base of ____ were nationalized

  12. A.

     10 crore or more

    B.

     20 crore or more

    C.

     50 crore or more

    D.

     100 crore or more

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  13. _____ do not attract TDS

  14. A.

     Recurring deposits

    B.

     Fixed deposits

    C.

     Reinvestment deposits

    D.

     NRO FDR

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  15. SLR is maintained as a percentage of

  16. A.

     Time liabilities

    B.

     Demand liabilities

    C.

     Net demand and time Liabilities

    D.

     Time and Demand liabilities

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  17. The maximum Statutory Liquidity Ratio to be maintained by banks is_____

  18. A.

     25%

    B.

     30%

    C.

     35%

    D.

     40%

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  19. CRR funds are kept by the Banks in ____

  20. A.

     Cash in hand at branches

    B.

     Balance with other banks

    C.

     Balance in a special Account with RBI

    D.

     Funds in the currency chest

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