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MCQs 1: Agricultural Bank of China is one of the 'big four' banks in China. Which bank is Apex body India for Agricultural Development?

RRB NHB NABARD RBI
Answer Explanation

MCQs 2: Which among the following acquired the United Western Bank in the year 2006?

IDBI Union Bank of India State Bank of India Allahabad Bank
Answer Explanation

MCQs 3: Which private bank was earlier known as The Kumbakonam Bank Limited?

Tamilnad Mercantile Bank Federal Bank South Indian Bank City Union Bank
Answer Explanation

MCQs 4: Which bank has secured four awards for inclusive insurance in 2016 from Skoch Group?

Karnataka Vikas Grameen Bank Telangana Grameen Vikas Bank Prathama Gramin Bank Vidarbha Konkan Gramin Bank
Answer Explanation

MCQs 5: Who is the present chairman of CBDT India (2016)?

Sushil Chandra Rani Singh Nair Atulesh Jindal A. K. Jain
Answer Explanation

MCQs 6: A Credit Bureau is governed by which of the following act?

Securities and Exchange Board of India Act, 1992 Reserve Bank of India Act, 1934 Credit Information Companies (Regulation) Act of 2005 Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
Answer Explanation

MCQs 7: RBI has launched new restructuring tool ‘S4A’ to raise banks’ moral hazard risk. S4A stands for _______?

Scheme for Systematic Structuring of Stressed Assets Scheme for Sustainable Structuring of Stressed Assets Scheme for Sustainable Structuring of Scholastic Assets Scheme for Sustainable Strength of Stressed Assets
Answer Explanation

MCQs 8: Which of the following is the clearing agency for Government securities?

GOI RBI CCIL SEBI
Answer Explanation

MCQs 9: Which of the following was the first Indian bank to open a branch on foreign soil?

Bank of Baroda Bank of India Punjab National Bank Bank of Allahabad
Answer Explanation

MCQs 10: Who insures banks in India?

IRDA EXIM DICGC ECGC
Answer Explanation

MCQs 11: Which is a tool that helps RBI to stabilize money supply and prices of Government securities?

EOQ EPQ JIT OMO
Answer Explanation

MCQs 12: Referring to various types of banking, 'Mixed banking' is ________?

Banking system that combines commercial and investment banking Banking system that combines virtual and branch banking Banking system that combines retail and wholesale banking Banking system that combines offline and relationship banking
Answer Explanation

MCQs 13: Which among the following made the initial contribution for setting up Financial Inclusion Fund and Financial Inclusion Technology Fund?

Government of India, NABARD and RBI NABARD, UTI and RBI SIDBI, Government of India and IDBI Bank SIDBI, NABARD and UTI
Answer Explanation

MCQs 14: RBI has imposed a fine of Rs. 1 crore on which of the following banks for flouting bill discounting norms?

Syndicate Bank United Bank of India Indian Overseas Bank UCO Bank
Answer Explanation

MCQs 15: Which bank has become the first private sector bank to sell Indian gold coins?

Dhanlaxmi Bank Federal Bank Karur Vysya Bank ICICI Bank
Answer Explanation

MCQs 16: All banks registered under the ___________ are considered co-operative banks.

Banking Regulation Act 1949 The Bankers’ Books Evidence Act–1891 Cooperative Societies Act, 1912 Both (A) and (C)
Answer Explanation

MCQs 17: What is the full form of CBEC?

Central Board of Excise and Customs Central Bureau of Excise and Customs Customs Bureau and Excise Council Control Board for Excise and Customs
Answer Explanation

MCQs 18: Which is a full service credit rating agency exclusively set up for micro, small and medium enterprises?

SMERA ICRA ONICRA CRISIL
Answer Explanation

MCQs 19: Which of the following schemes was replaced by Atal Pension Yojana (APY) in June 2015?

Swabhiman Yojana Swavalamban Yojana National Pension System Antyodaya Yojna
Answer Explanation

MCQs 20: Which act allows banks and other financial institution to auction residential or commercial properties to recover loans?

Industrial Disputes Act 1947 Foreign Exchange Management Act, 1999 Banking Regulation Act, 1949 SARFAESI Act, 2002
Answer Explanation

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