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Banking and Financial Awareness for RBI/IBPS Exams

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Q1. Where is the headquarter of Federal Bank? 
a) Kochi
b) Mumba i 
c) New Delhi 
d) Bengaluru 

Q2. Which private sector bank was earlier known as UTI Bank? 
a) Axis Bank
b) ICICI Bank 
c) HDFC Bank 
d) Yes Bank 
Q3. The rural co-operatives are further divided into short-term and long-term structures. The short-term cooperative banks are tiered operating in different states. These are……..? 
a) State Co-operative Banks 
b) District Central Co-operative Banks 
c) Primary Agricultural Credit Societies
c) All of the above
Q4. Co-operative banks are registered with…? 
a) Reserve Bank of India
b) Union Government 
c) Registrar of Cooperative Societies (RCS) 
d) None of the above
Q5. Apna Sahakari Bank Ltd is located at? 
a) Bhopal, Madhya Pradesh 
b) Kolkata, West Bengal 
c) Lucknow, Uttar Pradesh 
d) Mumbai, Maharashtra
Q6. In the Money market operations, the item widely accepted is?
(a) Inter Bank Participation Certificates 
(b) Certificate of Deposits 
(c) Treasury Bills
(d) None of the above 

Q7. MUDRA Bank will regulate and refinance all Micro-Finance Institutions (MFIs) in India.  What is the full form of ‘MUDRA’? 
a) Micro and Universal Development Refinance Agency 
b) Micro Units Development and Refinance Agency
c) Micro-finance Units Development and Regulation Agency 
d) Micro Units Development and Regulation Agency
Q8. What amount of corpus is allocated to set up MUDRA Bank? 
a) Rs. 20,000 crore
b) Rs. 25,000 crore
c) Rs. 3,000 crore
d) Rs. 3,500 crore
Q9. What percentage of Priority Sector Lending (PSL) is being created for Micro Enterprises by March 2017? 
a) 10 % 
b) 7.5 %
c) 8.5 % 
d) 9.5 % 
Q10. MUDRA Bank as a wholly owned subsidiary of which institutions? 
a) Non-Banking Financial Companies (NBFCs) 
b) Commercial Banks 
c) Micro Finance Institutions (MFIs) 
d) Small  Industries  Development  Bank  of  India (SIDBI)
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