Banks Gk Practice Question and Answer

Q:

Which of the following measures does the Reserve Bank of India take to control inflation in our country?

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  • 1
    Increasing repurpose repo rate
    Correct
    Wrong
  • 2
    increase CRR
    Correct
    Wrong
  • 3
    increase in SLR
    Correct
    Wrong
  • 4
    Money supply contraction
    Correct
    Wrong
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Answer : 1. "Increasing repurpose repo rate"

Q:

What is the bank rate of the Reserve Bank of India?

1571 0

  • 1
    6%
    Correct
    Wrong
  • 2
    7.75%
    Correct
    Wrong
  • 3
    7%
    Correct
    Wrong
  • 4
    5%
    Correct
    Wrong
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Answer : 2. "7.75%"

Q:

India is a member of which of the following group of nations?

1544 0

  • 1
    OPEC
    Correct
    Wrong
  • 2
    NATO
    Correct
    Wrong
  • 3
    BRICS
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "BRICS"

Q:

What is the basic structure of an economy?

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  • 1
    Agriculture
    Correct
    Wrong
  • 2
    industries
    Correct
    Wrong
  • 3
    Services
    Correct
    Wrong
  • 4
    three
    Correct
    Wrong
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Answer : 4. "three"

Q:

When was the State Bank of India established?

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  • 1
    1 April 1935
    Correct
    Wrong
  • 2
    1 January 1949
    Correct
    Wrong
  • 3
    17 December 1951
    Correct
    Wrong
  • 4
    July 1, 1955
    Correct
    Wrong
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Answer : 4. "July 1, 1955"

Q:

The license to open new branches of the bank is issued by whom?

1518 0

  • 1
    State Government
    Correct
    Wrong
  • 2
    Ministry of Finance
    Correct
    Wrong
  • 3
    Reserve Bank of India (RBI)
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "Reserve Bank of India (RBI)"

Q:

When did the process of globalization begin in India?

1518 0

  • 1
    1991
    Correct
    Wrong
  • 2
    1980
    Correct
    Wrong
  • 3
    1992
    Correct
    Wrong
  • 4
    1996
    Correct
    Wrong
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Answer : 1. "1991"

Q:

Which of the following is the name of a private sector bank in India?

1493 0

  • 1
    Dena Bank
    Correct
    Wrong
  • 2
    South Indian Bank
    Correct
    Wrong
  • 3
    Syndicate Bank
    Correct
    Wrong
  • 4
    IDBI Bank
    Correct
    Wrong
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Answer : 2. "South Indian Bank"

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