Banking Awareness Questions for RBI Grade-B Phase-1 Exam

Dear Readers,

Just a few days are left for RBI Grade-B Phase-1 Exam. It is time to pace up your preparation of Banking Awareness for RBI Grade-B Officers. These Banking questions will also help you in preparing for other upcoming banking recruitment examination.

Q1. ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by?
(a) RBI
(b) Government of India
(e) Finance Ministry

Q2. The Headquarters of Kotak Mahindra Bank is located in _______
(a) Mumbai
(b) Hyderabad
(c) Chennai
(d) Bangaluru
(e) New Delhi

Q3. Minimum amount that can be invested in Kisan Vikas Patra(KVP) Certificate is _________
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) Rs.1000
(e) Rs.1500

Q4. National Housing Bank (NHB), a wholly owned subsidiary of_________
(a) RBI
(b) Government Of India
(d) State Government

Q5. Where is the corporate office of Micro Units Development and Refinance Agency (MUDRA) Bank?
(a) Kolkata
(b) Bengaluru
(c) Mumbai
(d) New Delhi
(e) Chennai

Q6. The amount invested in Kisan Vikas Patra(KVP) would get doubled in ________ months.
(a) 100
(b) 105
(c) 110
(d) 115
(e) 113

Q7. Which of the following holds majority stake in NABARD?
(a) RBI
(b) Government Of India
(d) SEBI
(e) None of the given options is true

Q8. The Regional Rural Banks were owned by _________
(a) Central Government
(b) State Government
(c) Sponsor Banks
(d) All of the Above
(e) None of the given options is true

Q9. Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______
(a) Rs 300 crore and Rs 100 crore
(b) Rs 350 crore and Rs 50 crore
(c) Rs 200 crore and Rs 100 crore
(d) Rs 100 crore and Rs 50 crore
(e) Rs 600 crore and Rs 500 crore

Q10. The 5-year National saving certificate has the interest rate of- 
(a) 7.1%
(b) 7.2%
(c) 8.1%
(d) 8.2%
(e) 7.9%

Q11. Maximum limit (amount) that can be invested in Kisan Vikas Patra (KVP) Certificate is?
(a) Rs.100
(b) Rs.200
(c) Rs.500
(d) No limit
(e) Rs.1500

Q12. Financial Intelligence Unit – India (FIU-IND) was set by the Government of India on 18th November ________ as the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions. 
(a) 2004
(b) 2005
(c) 2006
(d) 2007
(e) 2008

Q13. FIU-IND is an independent body reporting directly to the Economic Intelligence Council (EIC) headed by-
(a) President of India
(b) NITI Aayog 
(c) Governor of RBI
(d) Finance Minister
(e) Government of India

Q14. The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as?
(a) Balance in Current Account
(b) Balance in Capital Account
(c) Trade Settlements
(d) Balance of Trade
(e) Balance of Payments

Q15. Public Debt Management Agency (PDMA) is being to set up to prevent leakages and development of the-
(a) Treasury Market
(b) Bond Market
(c) Money Market
(d) Capital Market
(e) Call Money Market


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