Banking Awareness – 2020 for IBPS, RBI, SBI, NABARD and other Bank Examinations

Welcome to GKToday’s Banking Awareness Section. This section shows 100 random questions from GKToday’s Banking Awareness MCQs.

A chapterwise course of all the 925 questions divided into 88 Chapters in Banking Awareness is Available in GKToday’s Academy app for android mobiles.
1. What was the name of State Bank of India (SBI) before it was created by SBI Act?

[A] Imperial Bank of Hindustan
[B] Imperial Bank of Bengal
[C] Imperial Bank of Madras
[D] Imperial Bank of India

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2. Which was the first bank to open a branch on foreign soil?

[A] Bank of India
[B] State Bank of India
[C] Bank of Punjab
[D] Allahabad Bank

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3. Which of the following was first bank managed by Indians?

[A] Bank of Baroda
[B] Bank of India
[C] Punjab National Bank
[D] Central Bank of India

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4. The Royal Commission on Indian Currency and Finance was also known as?

[A] Hilton-Young Commission
[B] Hartog Commission
[C] Muddiman Committee
[D] Buttler Commission

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5. In which year, Nationalization of Reserve Bank of India was done?

[A] 1947
[B] 1948
[C] 1949
[D] 1950

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6. What was the initial share capital of Reserve Bank of India?

[A] Rs. 5 Crore
[B] Rs. 10 Crore
[C] Rs. 15 Crore
[D] Rs. 20 Crore

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7. Who was the first Governor of Reserve Bank of India?

[A] Sir James Taylor
[B] Sir Vincent Eyre
[C] Sir Osborne Smith
[D] Reginald Macdonald

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8. Who among the following has created the Logo of Aadhar Card?

[A] AtUl sudhakarrao pandey
[B] Nandan Nileknai
[C] R Chandra Shekhar
[D] None of the Above

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9. Global Financial Development Report provides an update on the state of public and private credit reporting. The report is published by which of the following institutions?

[A] Niti Aayog
[B] World Bank
[C] IMF
[D] WHO

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10. What is the full form of FERA?

[A] Foreign Exchange Regulation Act
[B] Foreign Exchange Regulation Agency
[C] Foreign Exchange Repulsive Agent
[D] Foreign Expert Regulation Act

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