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. The Vedic word Kusidin refers to _?
[A] A banker
[B] An usurer
[C] A farmer
[D] A trader

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2. Which is the oldest Joint Stock bank of India?
[A] Allahabad Bank
[B] Bank of Baroda
[C] Patiala Bank
[D] Bank of India

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3. In which year, Nationalization of Reserve Bank of India was done?
[A] 1947
[B] 1948
[C] 1949
[D] 1950

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4. What was the name of the first person in India who was given an Aadhaar Identity number?
[A] Sonia Gandhi
[B] Nandan Nilekani
[C] Ranjana Sonawane
[D] Atul Bhushan Pandey

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5. According to FERA ,Foreign Exchange includes which of the following?
[A] Traveler’s Cheque
[B] Letters of Credit
[C] Bill of Exchange expressed or drawn in Indian Currency
[D] All of the above

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6. What does the term FX future stands for?
[A] It is a future contract to exchange one currency for another at a specified date in future.
[B] It is also known as Currency Future.
[C] The exchange rate is fixed on purchased date.
[D] All of the above

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7. Which of the following institutions issue the Special Drawing Rights?
[A] IMF
[B] World Bank
[C] RBI
[D] BIS

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8. Who is the current head of Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) ?
[A] Praveen Kumar Sharma
[B] Naveen Kumar Sharma
[C] Laxmi Niwas Mittal
[D] Nandan Nilekani

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9. What is India’s present Credit Ratings?
[A] Baa2
[B] Baa3
[C] AAA-
[D] Baa1

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10. Which of the following city is the headquarter of ONICRA?
[A] Mumbai
[B] Gurugram
[C] Noida
[D] Faridabad

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