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.
21. A Direct lease, a sale and leaseback, and a Leveraged lease are all examples of which of the following?

[A] Operating Leases
[B] Financial Leases
[C] Full-service Leases
[D] Off-Balance Sheet” methods of financing

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22. What is Section 7 of the RBI Act 1934?

[A] It allows RBI to buy and sell Foreign currency
[B] It empowers the government to issue directions to the RBI
[C] It allows the RBI to appoint its own staff
[D] None

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23. Which entity regulates and supervises NBFCs?

[A] SEBI
[B] RBI
[C] Ministry of Finance
[D] NABARD

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24. Who regulates the District Central Cooperative Banks in India?

[A] RBI
[B] State Government
[C] Central Government
[D] SEBI

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25. When was the process of introducing computerization in all branches of banks began in 1993?

[A] 1991
[B] 1992
[C] 1993
[D] 1994

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26. What is not true about Payment bank?

[A] It cannot issue loans
[B] It can accept deposits
[C] It can issue credit cards
[D] None of the above

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27. Which of these is not a new private sector bank?

[A] IDFC
[B] Axis Bank
[C] Lakshmi Vilas Bank
[D] Kotak Mahindra Bank

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28. When was YES Bank setup in India?

[A] 2002
[B] 2003
[C] 2004
[D] 2012

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29. Where is the operational head office of HSBC Bank located in India?

[A] New Delhi
[B] Bangalore
[C] Mumbai
[D] Chennai

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30. Which is the largest cooperative bank of India presently?

[A] Saraswat Bank
[B] NKGSB Cooperative Bank
[C] Apna Sahakari Bank Ltd
[D] None of the above

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