Indian Constitution Quiz Currency Quiz National Days Quiz World Days Quiz Famous Quotation Quiz Banking Awareness Quiz Parliament Quiz Indian History Quiz Environmental Science Quiz Geography Quiz Indian Geography Quiz Prize & Awards Quiz Physics Quiz Basic GK Quiz Biology Quiz Chemistry Quiz Marketing Aptitude Quiz Computer Knowledge Quiz Single Word Quiz Synonyms Quiz Antonyms Quiz Singular-Plural Quiz Collective Words Quiz Parts of Speech Quiz Ratio & Proportion Quiz Per cent Quiz Interest Quiz Profit Loss Quiz Averages Quiz LCM & HCF Quiz Coding & Decoding Quiz Relationship Quiz Letter series Quiz Number series Quiz Odd man out Quiz

General Knowledge - Banking Awareness

Home: General Knowledge: Banking Awareness

Why General Knowledge Banking Awareness?

In this page you can learn and practice General Knowledge Questions and Answers on Banking Awareness with detailed solution. These questions and answers will help you to prepare for various competitive exams (UPSC, SSC, PSC, Bank, Railway, Insurance), Entrance Test (CAT, MAT, XAT) and Job interviews.

How to Practice General Knowledge Banking Awareness?

Basictell provides you MCQ and Multiple choice quiz type General Knowledge questions and answers on Banking Awareness. You can browse detailed answer with explanation on General Knowledge Banking Awareness and also can download as PDF Files and eBooks.

How to solve General Knowledge Banking Awareness problems for job Interviews?

At first you can try questions answers with exercises. Also discuss General Knowledge Banking Awareness questions and answers by practicing shortcut tricks and go through objective type exercises.

Topic: Banking Awareness Questions and Answers

  • ⇛ Banking Awareness: Banking Awareness Page 5


Loans of very small amounts given to low income goups is called-

A. Cash credit.
B. Micro credit.
C. Simple overdraft.
D. No frills loans.


Reserve bank of India (RBI) was established in-

A. 1935
B. 1938
C. 1947
D. 1948


Which is the wrong statement in case of Bank Rate?

A. Banks borrows money from the supreme banking authority.
B. Banks borrows money from the supreme banking authority by selling its financial assets.
C. Banks borrows money from the supreme banking authority by selling its Securities.
D. None of these.


A reduction of repo rate-

A. makes expensive for scheduled banks to borrow from RBI.
B. helps RBI to get money from scheduled banks at cheaper rate.
C. helps banks to get money from RBI at cheaper rate.
D. None of these.


What is the full form of ECB?

A. External Cooperative Borrowings.
B. Extra Cooperative Borrowings.
C. External Commercial Borrowings.
D. Extra Commercial Borrowings.