Specialist officer Question paper for General Awareness on Banking Industry

Model Test Paper Related to Banking General Knowledge

1) The Reserve Bank of India is a

a) Banker of Govt

b) Banker for Banks

c) Co-operative Bank

d) Both (a) and (b)

Ans d

2) Reserve Bank of India was established during the year

a) 1932

b) 1933

c) 1934

d) 1935

Ans d

3) Which one of the Following Statement is true about the Reserve bank of India(RBI) ?

a) RBI exercises Supervisory powers over the Commercial Bank

b) Every Bank has to get a lenience from the RBI to do banking business in India

c) The RBI has the power to inspect the banks and seek any information from them

d) All of the above are true

Ans d

4) The Signature on a hundred-rupee note is of

a) The Governor, Reserve bank of India

b) The Finance minister of India

c) Secretary, Finance ministry of India

d) President of India

Ans a

5) Which of the Following have been disallowed from opening branches abroad by the RBI recently ?

a) Private sector Banks

b) Pension Funds

c) Co-operative Banks

d) Both (a) & (b)

Ans d

6) Devaluation of Currency leads to

a) an increase in Export

b) Increase in domestic Prices

c) Both (a) & (b)

d) no effect on domestic Prices

Ans d

7) Which of the Following functions of the Reserve Bank of India is not performed by the other bank of banks ?

a) Marketing advances to agriculturist

b) Dealing in Foreign Exchange

c) Industrial Refinancing

d) Acting as the hanker to the govt.

Ans d

8) While reducing the rat of interest the RBI  Serves

a) Foreign investment facilities in India

b) Investment Promotion

c) Making of max availability of cash funds in market

d) None of these

Ans c

9) Which among the Following banks started fixed digital signature system by using PKI ?

a) PNB

b) SBI

c) UBC

d) Bank of Punjab

Ans d

10) NBFC means 

a) Nationalize Bank  for Financial Co-operation

b) Non-banking Financial Company

c) National Bank for Financial Co-operation

d) Non-banking Financial Co-operation

Ans b

11) Central Banking Function in India are performed by

a) RBI

B) Exim Bank

c) SEBI

d) ICICI

Ans a

12) Bank Rate in Indian Financial System is the Rate

a) at which RBI Lends to the Public

b) at which Government of India lends to other Countries

c) at which the RBI extends Credit Commercial banks

d) at which a Commercial bank lends to the Public

Ans c

13) The Max Paid-up Capital requirement for new private bank in India is-

a) Rs 100 Crore

b) Rs 200 Crore

c) Rs 500 Crore

d) None of these

Ans b

14) Which of  these is the institutional Source o Rural Credit ?

a) RRBs

b) Commercial Banks

c) Co-operative Bank

d) All of these

Ans d

15) How many Loan was Provided by World Bank and IMF during nineties of bail India out of Crises ?

a) 10 million $

b) 10 billion $

c)  7 billion $

d) 20 billion $

Ans c

IBPS Specialist officer Model Test Paper for General Awareness on Banking Industry-I

SBI Previous Year question paper for Reasoning

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