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Banking GK

Description: Banking General Knowledge Test Preparation and also Useful for UPSC, DSSB, Bank PO, SSC and Other Competitive Entrance Exams Preparation and Practice Material
Number of Questions: 25
Created by:
Tags: Bank. Commerce General Knowledge B.Ed General Awareness Indian Banking and Financial System
Attempted 0/25 Correct 0 Score 0

First co-operative bank of India was established in………………..State.

  1. Maharashtra

  2. Gujrat

  3. Uttar Pradesh

  4. Madhya Pradesh


Correct Option: B

What should be the minimum net worth of a co-operative bank for selling policies of an insurance company?

  1. Rs. 100 crore

  2. Rs. 50 crore

  3. Rs. 20 crore

  4. Rs. 10 crore


Correct Option: B

Housing Loans granted to an individual by an urban co-operative bank will be classified under priority sector if the amount of loan does not exceed�

  1. Rs. 7.5 lac

  2. Rs. 10 lac

  3. Rs. 15 lac

  4. Rs. 20 lac


Correct Option: C

Pune based Saraswat Co-operative Bank has announced for acquisition of�

  1. Maratha Mandir Co-operative Bank

  2. Cosmos Co-operative Bank

  3. Bombay Mercantile Co-operative Bank

  4. Abhudaya Co-operative Bank


Correct Option: A

Cosmos Co-operative Bank has been voluntarily merged with�

  1. South Indian Co-operative Bank

  2. Premier Co-operative Urban Bank

  3. Jamnagar Rajkot Sahakari Bank

  4. Nutan Nagrik Sahakari Bank


Correct Option: B

Regional Rural Banks were established on the recommendations of�

  1. Narsimham Committee

  2. N. L. Dantwala Committee

  3. B. Sivraman Committee

  4. S. M. Kelkar Committee


Correct Option: A

Which is the first bank to set up overseas operations?

  1. Cosmos Co-operative Bank

  2. Saraswat Co-operative Bank

  3. Kalupur Commercial Co-operative Bank

  4. Mahila Utkarsh Co-operative Bank


Correct Option: B

First RRB of our country was established on�

  1. 2nd October 1974

  2. 2nd October 1975

  3. 2nd October 1976

  4. 2nd October 1977


Correct Option: B

What is the Authorised Capital of a Regional Rural Bank?

  1. Rs 1 crore

  2. Rs 5 crore

  3. Rs 10 crore

  4. Rs 100 crore


Correct Option: B

A Regional Rural Bank is sponsored by�

  1. Co-operative Bank

  2. Scheduled Commercial Bank

  3. State Govt.

  4. Reserve Bank of India


Correct Option: B

RRBs are classified under�

  1. Co-operative banks

  2. Development banks

  3. Public sector banks

  4. Private sector banks


Correct Option: C

Minimum Paid up Capital of a Regional Rural Bank should be�

  1. Rs 1 crore

  2. Rs 2 crore

  3. Rs 5 crore

  4. None of the above


Correct Option: A

Which of the following is the first computerized RRB of India?

  1. North Malbar Gramin Bank

  2. Kaktia Gramin Bank

  3. South Malbar Gramin Bank

  4. Nutan Kshetria Gramin Bank


Correct Option: C

Contribution of Central Govt., State Govt. and sponsored bank in Paid up Capital of a Regional Rural Bank is in the ratio of�

  1. 50: 15: 35

  2. 60: 25: 15

  3. 60: 20: 20

  4. 50: 25: 25


Correct Option: A

Which committee has recommended merger of RRBs in their sponsored banks?

  1. A. M. Khusro Committee

  2. M. S. Verma Committee

  3. S. H. Khan Committee

  4. None of the above


Correct Option: A

Which of the following RRBs was first authorised to open NRI Accounts?

  1. North Malbar Gramin Bank

  2. Ruhelkhand Gramin Bank

  3. Nutan Kshetria Gramin Bank

  4. Jamuna Gramin Bank


Correct Option: A

Regional Rural Banks have their branches in……………districts of the country—

  1. 418

  2. 468

  3. 518

  4. 568


Correct Option: C

Which of the following statements is incorrect regarding RRB?

  1. These banks are exempted from maintenance of SLR and CRR
  2. These banks can do non-fund based business
  3. These banks can invest in shares and debentures of companies
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3


Correct Option: A

The number of branches of all RRBs is ……………….... (percent) of total branches of all scheduled commercial banks.

  1. 12%

  2. 22%

  3. 32%

  4. 42%


Correct Option: B

On the recommendations of …………………no Regional Rural Bank has been established since April 1987—

  1. Kelkar Committee

  2. Khusro Committee

  3. Padamnabhan Committee

  4. Basu Committee


Correct Option: A

Regional Rural Banks are required to provide…………………..…of their loans to Priority Sector?

  1. 30%

  2. 40%

  3. 50%

  4. 60%


Correct Option: C

What is the pre-condition for a Regional Rural Bank for doing insurance business?

  1. Positive net worth.
  2. Net Profit in last three consecutive years.
  3. Level of gross NPAs below 10%.
  4. Recommendation of sponsor bank.
  1. 1

  2. 1 and 2

  3. 1, 2 and 3

  4. 1, 2, 3 and 4


Correct Option: D

Which of the following states has no RRBs?

  1. Sikkim
  2. Goa
  3. Arunachal Pradesh
  4. Nagaland
  1. 1 and 2

  2. 3 and 4

  3. 2, 3 and 4

  4. 1, 2, 3 and 4


Correct Option: A

Which of the following statements is correct regarding RRBs?

  1. It is not obligatory for these banks to provide 40% of their total advances to Priory Sector.
  2. These banks are free to determine their lending rates.
  3. Minimum and maximum Paid up Capital of these banks is Rs 25 lac and Rs 1 crore respectively
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3


Correct Option: C

How many RRBs are there in our country?

  1. 196

  2. 176

  3. 156

  4. None of the above


Correct Option: D
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