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.
41. When was NABARD set up in India?

[A] 1976
[B] 1979
[C] 1981
[D] 1982

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42. Who is eligiblen to be a promoter of Small Finance Banks?

[A] Individuals
[B] Trusts
[C] Corporates
[D] All of the above

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43. How many entities were granted provisional license by RBI to convert into Small Finance Bank in 2015?

[A] 8
[B] 10
[C] 12
[D] 25

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44. Where is the headquarters of AU Small Finance Bank?

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

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45. 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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46. Under what section of the Banking Regulation Act, 1949 the payments banks are licensed?

[A] 22
[B] 2
[C] 19
[D] 11

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47. Who among the following cannot become a BC?

[A] Krishi Vigyan Kendras
[B] Khadi and Village Industries units
[C] Community based organisations
[D] All of the above can become a BC

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48. What do we call the rate at which the Reserve Bank of India lends money to commercial banks?

[A] Repo rate
[B] Reverse repo rate
[C] CRR
[D] SLR

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49. What was the first Narsimham Committee’s recommendation regarding the SLR?

[A] to bring it down from 38.5% to 25%
[B] to bring it up from 38.5% to 45%
[C] to bring it down from 38.5% to 25%
[D] None of the above

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50. 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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