1. The definition of the priority sector was first formalised in 1972 by?
Planning Commission
National Development Council
Reserve Bank of India
Ministry of Finance, Government of India
2. Liquidity ratio is fixed by the Reserve Bank of India under the powers conferred on it by?2. Liquidity ratio is fixed by the Reserve Bank of India under the powers conferred on it by?
Reserve Bank of India Act, 1934
Companies Act, 1956
Banking Regulation Act, 1949
Special Powers given by the Union Ministry of Finance
3. The largest number of commercial banks’offices are located in?
Karnataka
Maharashtra
Tamil Nadu
Uttar Pradesh
4. Which of the following is not a member of the World Bank Group?
International Bank of Reconstruction and Development
International Development Association
Bank of International Settlement
International Finance Corporation
5. Every bank wishing to commence banking business in India is required to obtain a licence from?
Government of India, Ministry of Finance
Government of India, Company Law Board
Reserve Bank of India
Registrar of Companies
6. Export Credit Packing Advance sanctioned to SSI exporters are covered under the credit guarantee scheme of ______?
DICGC
ECGC
DRI
GIC
7. The advantages of securitization for a Bank is?
It provides liquidity to the issuing Bank
The Bank capital does not get blocked
Securitisation proceeds can be used for fresh lending
All of the above
8. A Bank may prefer to invest in corporate Bonds because?
Bond is more liquid Asset
Bond has an easy exit
Bond can be sold at discount
All of the above
9. Example of the product line of a Bank is?
Car loan
Personal loan
Home loan
Above all
10. First share market in India was established in?
Delhi
Kolkata
Mumbai
Chennai
Banking Awareness Quiz for Bank Exam: 30...
