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Banking and Financial Awareness for NABARD/SBI/IBPS

Banking and Financial Awareness for NABARD/SBI/IBPS |_2.1

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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?

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. Dalal Street is?

in Kolkata – famous for jute market
in Mumbai – famous for stock exchange market
in Delhi – famous for Kabari (Waste goods) market
in Bangalore – famous for race course

6. The Differential Rates of Interest (DRI) Scheme is operative since?

1969
1972
1975
1976

7. Which of the following is an apex-institution in the field of industrial finance?

Industrial Credit and Investment Corporation of India
Industrial Finance Corporation of India
Industrial Development Bank of India
Industrial Reconstruction Bank of India

8. When a country decides to conduct trade on favorable terms with another country for mutual benefits, this is called?

FTA System
MFN Status
Bilateral Trade
Counter Trade

9. Kisan Credit Card can be used for financing?

Production needs
Consumption needs
Both (a) and (b)
None of the above

10. When was the Imperial Bank of India nationalised?

1948
1950
1955
1969

                                       

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