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.
31. Which of these banks was not associated with the State Bank of India in 1959?

[A] State Bank of Hyderabad
[B] State Bank of Indore
[C] State Bank of Mysore
[D] State Bank of Patna

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32. In which year Reserve Bank of India introduced cheque truncation system?

[A] 2008
[B] 2009
[C] 2010
[D] 2011

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33. What is the main business of commercial banks?

[A] lending and deposits from public
[B] lending and deposits from corporation
[C] Both a and b
[D] None

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34. Which nationalised bank sponsored the Prathama Bank?

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

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35. Where is the headquarter of National Housing Bank located?

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

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36. What do we call the funds that the banks keep with RBI as a portion of their Net Demand and Time Liabilities?

[A] Statutory Liquidity Ratio
[B] Cash Reserve Ratio
[C] Bank Rate
[D] Reverse Repo Rate

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37. What is the primary objective of DICGC?

[A] protect the interest of small depositors
[B] protect the bank to fail
[C] protect the large corporate from going bankrupt
[D] All of the above

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38. Who signs the One Rupee notes in India?

[A] Prime Minister
[B] RBI Governor
[C] Finance Secretary
[D] President

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39. Where is the printing press of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. Located?

[A] Mysore
[B] Salboni
[C] Both a and b
[D] None of the above

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40. Which of these states are not served by RBI as its banker?

[A] Goa
[B] Assam
[C] Sikkim
[D] Arunachal Pradesh

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