BANKING AWARENESS - 2

1.Who was the first Governor of RBI? 

a) C.D.Deshmukh

b) James Braid Taylor 

c) Osborne Smith

d) Raghuram Rajan

2.Which bank first introduced Automated Teller Machine (ATM) in India (1987)? 

a) SBI 

b) Punjab National Bank 

c) Federal Bank 

d) HSBC

3.Bank of Rajasthan was merged with which private sector bank? 

a) ICICI Bank 

b) Axis Bank 

c) HDFC Bank 

d) Kotak Mahindra Bank 

4.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

5.‘Closed Economy’ is that economy in which ............?

(a) Neither export nor import takes place

(b) Deficit financing takes place 

(c) Only export takes place 

(d) None of the above

6.Which one of the following rates is not decided by RBI? 

a) Repo rate 

b) Base rate 

c) Bank rate 

d) Marginal Standing Facility (MSF) rate 

7. Which private sector bank was earlier known as UTI Bank? 

a) Axis Bank

b) ICICI Bank 

c) HDFC Bank 

d) Yes Bank 

8.Where is the headquartered of Bharatiya Mahila Bank (BMB)? 

a) Kolkata 

b) Chennai 

c) Mumbai 

d) New Delhi

9. Which is the oldest bank in India? 

a) Punjab National Bank 

b) Allahabad Bank 

c) State Bank of India

d) Central Bank of India

10. The term “dormant accounts” means?

(a) Accounts showing an average balance of less than Rs. 100 during a half year 

(b) Accounts which remains inoperative for an extended period of time

(c) Accounts which have been blocked under the exchange control regulations 

(d) Loan/cash credit/overdraft accounts which are considered irrecoverable