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MCQs 1: Which organization provides guarantee to the exporters?

EXIM Bank Export Credit Guarantee Corporation Import Credit Guarantee Corporation Registrar of companies
Answer Explanation

MCQs 2: Stock Holding Corporation of India Ltd (SHCIL) was established in 1986 as?

Private Limited Public limited Unlimited Limited Liability Partnership
Answer Explanation

MCQs 3: Which bank has launched USSD based mobile app for basic banking needs with NPCI?

United Bank of India Union Bank of India UCO Bank Indian Bank
Answer Explanation

MCQs 4: Which of the following is governed by the provisions of Section 42 of the Reserve Bank of India Act, 1934?

Bank rate Reverse Repo Rate SLR CRR
Answer Explanation

MCQs 5: Original headquarters of RBI were located at which of the following place?

Calcutta Bombay Delhi Chennai
Answer Explanation

MCQs 6: Co-operative Societies Act was enacted in which year?

1912 1949 1935 1913
Answer Explanation

MCQs 7: Under whose chairmanship did RBI constitute a Working Group for making balance of payments manual?

Anand Sinha Deepak Mohanty Harun Rashid Khan Kamlesh Chandra Chakrabarty
Answer Explanation

MCQs 8: Which type of banking is most helpful in cross-selling?

Virtual Banking Relationship Banking Wholesale Banking Agricultural Banking
Answer Explanation

MCQs 9: SIDBI related statements are given. Pick the wrong statement.

SIDBI means Small Industries Development Bank of India It was established on April 2, 1990. It is the principal financial institution for the promotion, financing and development of industry in the small-scale sector. Its head office is in Hyderabad.
Answer Explanation

MCQs 10: Which among the following bank has its headquarters in Mumbai?

Allahabad Bank UCO Bank United Bank of India Bank of India
Answer Explanation

MCQs 11: Which Private bank is the wholly owned subsidiary of Bank of Baroda?

Axis Bank Nainital Bank HDFC Bank Bandhan Bank
Answer Explanation

MCQs 12: Which of the following Grameen Bank has launched “Bank Sakhi” scheme to promote and popularize cashless transactions in rural areas?

Allahabad UP Gramin Bank Karnataka Vikas Grameen Bank Grameen Bank Of Aryavrat Baroda Gujarat Grameen Bank
Answer Explanation

MCQs 13: What is the full form of FSDC?

Financial Security and Development Council Financial Stability and Development Council Financial Security and Development Convention Fiscal Stability and Development Council
Answer Explanation

MCQs 14: Which of the following is India’s first Credit Information Company?

CRISIL CIBIL SMERA CERSAI
Answer Explanation

MCQs 15: How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY’17?

Rs 2.80 lakh crore Rs 1.50 lakh crore Rs 1.80 lakh crore Rs 1.30 lakh crore
Answer Explanation

MCQs 16: Banks are required to maintain SLR under which act?

Section 24 of the Banking Regulation Act Section 35 of the Negotiable Instrument Act, 1881 Section 24 of RBI Act Section 40 of Indian Contract Act, 1872
Answer Explanation

MCQs 17: In which year was The Banking Regulation Act passed in India?

1947 1935 1949 1965
Answer Explanation

MCQs 18: How many developments banks are there in India?

5 6 7 8
Answer Explanation

MCQs 19: Which of the following is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds?

Benchmark Prime Lending Rate Annual Percentage Rate Bank Rate Repo Rate
Answer Explanation

MCQs 20: Which type of banking system focuses on expansion through branches?

Internet Banking Unit Banking Branch Banking Consumer Banking
Answer Explanation

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