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. Coastal Bank, India’s first local Area Bank, operates in which state?

[A] Gujarat
[B] Andhra Pradesh
[C] Karnataka
[D] Tamil Nadu

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32. Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?

[A] EXIM Bank
[B] ICICI
[C] IDBI
[D] NABARD

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33. When was the Industrial Finance Corporation of India setup in India?

[A] 1945
[B] 1948
[C] 1951
[D] 1991

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34. Who headed the committee to evaluate the license applications for Payment banks?

[A] C Rangarajan
[B] Usha Thorat
[C] Nachiket Mor
[D] B S Mehta

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35. For which of these countries the RBI has served as the central bank in the past?

[A] Myanmar
[B] Nepal
[C] Sri Lanka
[D] All of the above

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36. Which of these is a quantitative instrument of Monetary Policy?

[A] Repo rate
[B] CRR
[C] SLR
[D] All of the above

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37. Which of these banks is regulated by Reserve bank of India?

[A] Local Area Banks
[B] Cooperative Banks
[C] Commercial Banks
[D] All of the above

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38. 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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39. When was the decimalization of the coinage done in India?

[A] 1957
[B] 1955
[C] 1947
[D] 1935

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40. Which of these banks are authorised to act as the agent of RBI?

[A] Bank of Baroda
[B] Punjab National Bank
[C] State Bank of India
[D] All of the above

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