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Banking G.K.Topicwise Questions - Banking and RBI related Questions1. Which of the following public sector banks has the largest number of branches in foreign countries?Bank of IndiaBank of BarodaPunjab National BankCorporation Bank2. The only merger of two public sector banks took place between -Bank of India and New Bank of IndiaPunjab National Bank and New Bank of IndiaAllahabad Bank and United Bank of IndiaPunjab National Bank and Bank of Rajasthan3. Which of the following banks was inaugurated by Mahatma Gandhi in 1919?Bank of MaharashtraBank of BarodaState Bank of SaurashtraUnion Bank of India4. After State Bank of India, which of the following banks has the largest number of offices?Punjab National BankBank of IndiaAndhra BankCanara Bank5.Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?Bank rateRepo rateSavings bank rateOnly 1Only 2Both 1 and 2All the three<strikethrough><strikethrough></strikethrough></strikethrough>6.What are teaser loan rates charged by banks?Rate of interest which is competitively changed in relation to other banksFloating rate of interest charged by banksLow rate of interest in the initial period which goes up subsequentlyHigher rate of interest in the initial period which goes down subsequently7.Which of the following terms is used in banking field?Interest rate swapInput devicesSedimentaryZero Hour8.Expand the term EMI as used in banking/finance sector?Easy Monthly InstalmentEqual Monthly InvestmentEquated Monthly InstalmentEquated Mortgage Investment9. Bank rate is decided by which of the following?Reserve Bank of IndiaGovernment Of IndiaState Bank of IndiaSecurities and Exchange Board of India10. With which of following types of loans are<b>teaser rates</b> related?Home loansPersonal loansAuto loansReverse mortgage loans11. What does M in M-Banking Facility being offered by banks to their customers, stand for?MoneyMarginalMessageMobile Phone12. Which of the following is/are true about the<b>Sub-Prime Crisis</b>?It is a mortgage crisis referring to credit default by the borrowers.Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers.This crisis originated because of negligence in credit rating of the borrowers.Only 1Only 2Only 3All 1, 2, and 313. Match the following mergers of banksList IList IIA. Centurion Bank of Punjab1. ICICI BankB. Bank of Rajasthan2. Punjab National BankC. Global Trust Bank3. HDFC BankD. Nedungadi Bank4. Oriental Bank of CommerceA - 4; B - 1; C - 2; D - 3A - 3; B - 4; C - 1; D - 2A - 2; B - 1; C - 4; D - 3A - 3; B - 1; C - 4; D - 214.At which of the following cities is the Head Office of Reserve Bank of India located?MumbaiNew DelhiKolkataDehradun15. The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are calledCash reservesDeposit reservesExcess reservesMomentary reserves<strikethrough><strikethrough></strikethrough></strikethrough><strikethrough><strikethrough><strikethrough></strikethrough></strikethrough></strikethrough>16. In which year was the Imperial Bank of India rechristened as State Bank of India?195519551962196517. Banking in India is controlled by :Reserve Bank of IndiaUnion Finance CommissionUnion Ministry of FinanceUnion Ministry of Commerce<b>Answer (a).</b> <strikethrough><strikethrough><strikethrough></strikethrough></strikethrough></strikethrough>18. The Imperial Bank of India, after its nationalization came to be known asReserve Bank of IndiaState Bank of IndiaUnited Bank of IndiaIndian Overseas Bank19. Regional Rural Banks are sponsored byNationalised Commercial BankReserve Bank of IndiaState Bank of IndiaGovernment of India20. Which is the country’s third largest private sector lender whose name has been officially changed to the Axis Bank ltd. ?HDFC BankLord Krishna BankCenturion BankUTI Bank21.In which year was the Reserve Bank of India established ?193519471949195222.Expand the term LIBOR as used in financial banking sectors?Local Indian Bank Offered RateLondon-India Bureau Of RegulationsLiberal International Bank Official RatioLondon Inter Bank Offered Rate23.Which of the following is the apex institution which handles refinance for agriculture and rural development in India?RBISIDBINABARDSEBI24.In which denomination were India's first bimetallic coins issued in the year 2009?Rs. 100Rs. 5Rs. 10Re. 125. Which of the following is not the function of the Reserve Bank of India ?Acting as banker to the GovernmentKeeping of Foreign Exchange ReserveIssuing of one rupee notes and coinsRegulating credit in the country26. With which of the following is SARFAESI Act 2002 related?Recovery of bad loansRegulation of Foreign ExchangeFixation of interest ratesAcquisition of small banks