Banks Special - Banking Awareness
1. Which of the following commissions recommended for establishment of RBI?
Ans. Hilton young commission
2. RBI has capped he ........... to Rs. 35000 Crore to central Govt. for the first half of the new financial year 2015.
Ans. Ways and means advance
3. RBI has been authorised by Central Govt. to issue debt instruments not exceeding Rs. 50000 Crore during the fiscal 2014-15 under MSS. what do you mean by MSS?
Ans. Market Stabilisation Scheme
4. Which bank has started issuing Kisan card to withdraw one lakh per day from ATMs?
Ans. Axis bank
5. Who is recently named as the India's governor on the board of governors of Asian Development Bank?
Ans. Arun Jaitley
6. The rate of interest on Differential Rate of Interest loan introduced in the year 1972 is
Ans. 4%
7. Which banks were merged with State Bank of India ?
Ans. State Bank of Indore, State Bank of Sourasthra
8. When a person wants to save money for a longer period of time with a view to earn a higher rate of interest, he/she should open which type of account?
Ans. Terms Deposit account
9. For obtaining which does a customer not require a bank account?
Ans. A Banker's Draft
10. When RBI sells Govt. securities, its result:
Ans. The liquidity in the banking system gets diminished
1. Which of the following commissions recommended for establishment of RBI?
Ans. Hilton young commission
2. RBI has capped he ........... to Rs. 35000 Crore to central Govt. for the first half of the new financial year 2015.
Ans. Ways and means advance
3. RBI has been authorised by Central Govt. to issue debt instruments not exceeding Rs. 50000 Crore during the fiscal 2014-15 under MSS. what do you mean by MSS?
Ans. Market Stabilisation Scheme
4. Which bank has started issuing Kisan card to withdraw one lakh per day from ATMs?
Ans. Axis bank
5. Who is recently named as the India's governor on the board of governors of Asian Development Bank?
Ans. Arun Jaitley
6. The rate of interest on Differential Rate of Interest loan introduced in the year 1972 is
Ans. 4%
7. Which banks were merged with State Bank of India ?
Ans. State Bank of Indore, State Bank of Sourasthra
8. When a person wants to save money for a longer period of time with a view to earn a higher rate of interest, he/she should open which type of account?
Ans. Terms Deposit account
9. For obtaining which does a customer not require a bank account?
Ans. A Banker's Draft
10. When RBI sells Govt. securities, its result:
Ans. The liquidity in the banking system gets diminished
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