0

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 Static GK The Reserve Bank of India Indian Banking and Financial System Letter D Letter G Letter H Synonyms Improvement based on Words in a Sentence
Attempted 0/25 Correct 0 Score 0

The first foreign bank that has been permitted by Reserve Bank of India to handle Currency Chest in India is

  1. Standard Chartered Bank

  2. China Trust Commercial Bank

  3. Hongkong & Shanghai Banking Corporation

  4. ABN Amro Bank

  5. Citi Bank


Correct Option: A
Explanation:

 Correct Ans. 1. In 2003, foreign banks were permitted for the first time to operate currency chests. Standard Chartered Bank — the largest and oldest foreign bank in the country was the first foreign bank to handle currency chests in India.

Hanil Bank, that opened its first branch at New Delhi in India in March 1997, belongs to�

  1. China

  2. South Korea

  3. Hongkong

  4. Taiwan


Correct Option: B

China Trust Commercial Bank, which opened its first branch in India in April 1996, belongs to

  1. China

  2. South Korea

  3. Hong Kong

  4. Taiwan

  5. North Korea


Correct Option: D

What target has been fixed for a foreign bank functioning in India to provide priority sector lending as a percentage of net bank credit?

  1. 25%

  2. 30%

  3. 32%

  4. 35%

  5. 40%


Correct Option: C

If a foreign bank wants to establish its subsidiary unit in India, what should be the minimum paid up capital of that subsidiary?

  1. Rs. 100 crore

  2. Rs. 200 crore

  3. Rs. 300 crore

  4. Rs. 500 crore


Correct Option: C

Which of the following is Counseling Bank for modernization of airports at New Delhi and Mumbai?

  1. China Trust Commercial Bank

  2. Standard Chartered Bank

  3. ABN Amro

  4. Citi Bank


Correct Option: C

If a foreign bank does not achieve the target of 32% priority sector lending, it has to deposit the amount of shortfall with�

  1. State Bank of India

  2. EXIM Bank

  3. SIDBI

  4. None of the above


Correct Option: C

Foreign banks are working in India in�

  1. Public Sector

  2. Private Sector

  3. Cooperative Sector

  4. All the above


Correct Option: B

Which of the following foreign banks has acquired 14.7% stake in UTI Bank?

  1. Hongkong & Shanghai Banking Corporation

  2. Standard Chartered Bank

  3. ABN Amro

  4. Citi Bank


Correct Option: A

Evolution of co-operative banks in India was made in the year�

  1. 1904

  2. 1909

  3. 1914

  4. 1919


Correct Option: A

Which of the following has acquired 'Korea First Bank' of Korea?

  1. China Trust Commercial Bank

  2. Standard Chartered Bank

  3. ABN Amro

  4. Citi Bank


Correct Option: B

Standard Chartered Bank has not acquired Indian operations of

  1. Bank of Bahrain and Kuwait

  2. Grindlays Bank

  3. Sumitomo Mitshui Banking Corporation

  4. Mizuho Bank

  5. None of these


Correct Option: D

Govt. of India gave permission to 'Overseas Chinese Banking Corporation' to establish wholly owned bank in India. To which country does OCBC belong?

  1. Singapore

  2. Taiwan

  3. South Korea

  4. China

  5. Japan


Correct Option: A

How many co-operative banks and co-operative societies have been providing loans to Agriculture Sector in our country?

  1. 101422

  2. 102422

  3. 103422

  4. 104422


Correct Option: D

Which foreign bank has a plan to enter in Indian banking sector?

  1. PT Bank Indomonex, Indonesia

  2. Giro Commercial Bank, Kenya

  3. Habib Bank, Pakistan

  4. Rupali Bank, Bangladesh


Correct Option: C

Which of the following states has largest number of urban co-operative banks?

  1. Maharashtra

  2. Gujrat

  3. Karnataka

  4. Andhra Pradesh


Correct Option: A

Maintenance of Investment Fluctuation Reserve is necessary for a cooperative bank that has its deposits of …………………... or more.

  1. Rs 50 crore

  2. Rs 100 crore

  3. Rs 200 crore

  4. Rs 500 crore


Correct Option: B

A Primary (Urban) Co-operative Bank can open its Extension Counter only if its NPA level is below………………….and it has earned Net Profit for last…………………years and more.

  1. 10%, 2 Years

  2. 9%, 2 Years

  3. 8%, 3 Years

  4. 7%, 3 Years


Correct Option: A

An Urban Co-operative Bank can open its Extension Counter at�

  1. Educational Institutions and Hospitals
  2. Big Offices and Factories
  3. Residential Areas
  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3


Correct Option: D

A primary (Urban) cooperative bank can provide safe deposit locker facility to its customers only if its NPA level is below ________ and it has earned Net Profit for the last ________ years and more.

  1. 10%, 2

  2. 9%, 2

  3. 8%, 3

  4. 7%, 3

  5. 6%, 2


Correct Option: D

A scheduled urban cooperative bank having an NPA level of ___________ or more cannot accept deposits from a non-scheduled urban cooperative bank.

  1. 5%

  2. 6%

  3. 7%

  4. 8%

  5. 9%


Correct Option: C
Explanation:

 A scheduled urban cooperative bank having an NPA level of 7% or more cannot accept deposits from a non-scheduled urban cooperative bank.

Minimum networth of an urban co-operative bank should be __________ for doing insurance business.

  1. Rs. 50 crore

  2. Rs. 100 crore

  3. Rs. 200 crore

  4. Rs. 500 crore

  5. Rs. 375 crore


Correct Option: B
Explanation:

 Minimum networth of an urban co-operative bank should be Rs. 100 crore for doing insurance business.

Which of the following statements is correct?

  1. District Co-operative Banks have been established at District level.
  2. Primary Co-operative Banks have been established at Village level.
  3. State Co-operative Banks have been established at Apex level.
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3

  5. None of these


Correct Option: D
Explanation:

All are correct.

Which of the following facilities is/are prohibited to be provided by Urban Cooperative Banks at their Extension Counters?

  1. Granting of loans and advances.
  2. Encashment of Traveller's Cheques.
  3. Issuance and Encashment of Bank Drafts.
  1. 1 only

  2. 2 only

  3. 1 and 2 only

  4. 1, 2 and 3 only

  5. 2 and 3


Correct Option: A

Which of the following is/are scheduled co-operative bank(s)?

  1. Ahmedabad Mercantile Co-operative Bank
  2. Bharat Co-operative Bank
  3. Development Co-operative Bank
  1. 1 only

  2. 1 and 2 only

  3. 2 and 3 only

  4. 1, 2 and 3 only

  5. 3 only


Correct Option: B
- Hide questions