Banking Awareness Quiz
Banking Awareness Quiz – Set 297: This post contains Banking Awareness Quiz for Banking and Insurance exams like IBPS PO/Clerk, SBI PO/Clerk, RBI Assistant/ GRADE B, NABARD, RRB PO/Clerk, NIACL, NICL and LIC AAO/Assistant etc. These Banking Awareness sets will guide you in all upcoming banking and insurance exams.
- Scheduled banks are included under which schedule of the RBI act 1934?
A) 1st schedule
B) 2nd schedule
C) 3rd schedule
D) 4th schedule
- In 1975, which committee proposed regional rural banks as a new type of regionally focus rural bank that would combine the local field and knowledge of operators with the professionalism and large resource base of commercial banks?
A) Narasimhan
B) H R Khan
C) Vijay Kelkar
D) Sivaraman
- What is the minimum paid up capital of a bank, must have to be eligible for inclusion in the Reserve Bank of India at 1934’s Second Schedule to attain Scheduled Banks’ status?
A) Rs. 2 lakhs
B) Rs. 4 lakhs
C) Rs. 5 lakhs
D) Rs. 20 lakhs
- RRBs are Indian government owned scheduled commercial banks that operate at the regional level in several states. What is the share of the central government in the regional rural banks?
A) 50
B) 35
C) 45
D) 15
- What is the authorized capital of regional rural banks?
A) ₹20 lakhs
B) ₹50 lakhs
C) ₹ 1 crore
D) ₹5 crores
- Which bank is the sponsor Bank of India’s first regional rural bank Prathama Grama bank in Uttar Pradesh?
A) Indian bank
B) Canara Bank
C) Punjab National Bank
D) Syndicate Bank
- When was the cooperative credit societies act of 1904 amended to allow noncredit societies to formed under the Mc Lagan Committee to access their performance?
A) 1905
B) 1909
C) 1912
D) 1925
- Anyonya Co-operative Bank Limited (ACBL) is the first cooperative bank in India. Where was it located?
A) Uttar Pradesh
B) Gujarat
C) Maharashtra
D) Bihar
- The local area bank scheme was introduced in August 1996. What is the minimum paid up capital required for setting up of local area banks?
A) Rs. 1 crore
B) Rs. 2 crores
C) Rs. 5 crores
D) Rs. 10 crores
- Which are the branches in India of the joint stock banks incorporated abroad.
A) Regional Rural Banks
B) Foreign Banks
C) Local Area Banks
D) Private Banks