Banking and Financial Awareness for RBI/IBPS Exams

Q1. Who was the first Governor of RBI? 
a) C.D.Deshmukh
b) James Braid Taylor 
c) Osborne Smith
d) Raghuram Rajan

Q2. Scheduled Banks of India are those banks, which are? 
a) Included in First Schedule of RBI Act, 1934 
b) Not included in First Schedule of RBI Act, 1934 
c) Included in Second Schedule of RBI Act, 1934
d) Not included in Second Schedule of RBI Act, 1934 

Q3. Which is not an Associate Bank of SBI? 
a) State Bank of Bikaner & Jaipur 
b) State Bank of Travancore 
c) State Bank of Mysore 
d) State Bank of Rajasthan 

Q4. Which of the following bank is not a private sector bank in India? 
a) Federal Bank 
b) Yes Bank 
c) IndusInd Bank 
d) UCO Bank

Q5. Which private sector bank is recently merged with Kotak Mahindra Bank (KMB)? 
a) ING Vysya Bank
b) Karur Vysya Bank 
c) Lakshmi Vilas Bank 
d) Jammu and Kashmir Bank 

Q6. Which two private sector banks have got license from RBI in 2014? 
a) Bandhan and Yes Bank 
b) Yes Bank and IDFC 
c) IDFC and Bandhan
d) Axis Bank and ICICI 

Q7. Who is conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Group's monthly publication?
a) Janet Yellen
b) Raghuram Rajan 
c) Graeme Wheeler 
d) Mario Draghi

Q8. Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy means?
(a) Sale or purchase of Govt. securities 
(b) Issuance of different types of bonds 
(c) Auction of gold 
(d) None of the above 

Q9. Which bank first introduced Automated Teller Machine (ATM) in India (1987)? 
a) SBI 
b) Punjab National Bank 
c) Federal Bank 

Q10. Bank of Rajasthan was merged with which private sector bank? 
a) ICICI Bank 
b) Axis Bank 
c) HDFC Bank 
d) Kotak Mahindra Bank