banking gk Practice Question and Answer

Q:

Which Organisation/Government is the administrator of Financial Inclusion Fund (FIF)?

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  • 1
    Reserve Bank of India(RBI)
    Correct
    Wrong
  • 2
    NABARD
    Correct
    Wrong
  • 3
    Union Government of India
    Correct
    Wrong
  • 4
    Particular Government of the related State
    Correct
    Wrong
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Answer : 3. "Union Government of India"

Q:

Where is the headquarters of Dena Bank?

2186 0

  • 1
    Mumbai
    Correct
    Wrong
  • 2
    Vadodara
    Correct
    Wrong
  • 3
    Gurugram
    Correct
    Wrong
  • 4
    Pune
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 1. "Mumbai"
Explanation :

Location and Overview: Established in the year 2004, Dena Bank Now Bank Of Baroda (Corporate & Head Office) in Bandra Kurla Complex-bandra East, Mumbai is a top player in the category Nationalised Banks in the Mumbai.

Q:

Which of the following committee related to Direct Taxes?

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  • 1
    Bhave Committee
    Correct
    Wrong
  • 2
    Dandekar Committee
    Correct
    Wrong
  • 3
    B Sivaraman Committee
    Correct
    Wrong
  • 4
    Chesi Committee
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 5. "None of these"
Explanation :

Tax Reform Committee is also known as Raj Chelliah Committee. It is formed in order to reform direct and indirect taxes prevailing in India.

Q:

Which of the following include the primary structure of the Mutual Funds? 

2153 0

  • 1
    Open-end funds
    Correct
    Wrong
  • 2
    Unit Investment Trusts
    Correct
    Wrong
  • 3
    Exchange traded Funds
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 4. "All of the Above"

Q:

What is the present number of Local Area Banks in India?

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

Q:

__________ is a local government official who estimates the value of real property within a city, town, or village’s boundaries

2126 0

  • 1
    Estimator
    Correct
    Wrong
  • 2
    Processor
    Correct
    Wrong
  • 3
    Developer
    Correct
    Wrong
  • 4
    Assessor
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Assessor"
Explanation :

The assessor is a local government official who estimates the value of real property within a city, town, or village's boundaries.

Q:

MSME is defined under which act? 

2093 0

  • 1
    MSMED Act, 2006
    Correct
    Wrong
  • 2
    MSME Act, 2001
    Correct
    Wrong
  • 3
    MSMED Act, 1999
    Correct
    Wrong
  • 4
    MSME Act, 2004
    Correct
    Wrong
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Answer : 1. "MSMED Act, 2006 "

Q:

National Investment and Infrastructure Fund(NIIF) is recently established by the Union Government. It is an Alternate investment Fund (AIF) of

2074 0

  • 1
    category I
    Correct
    Wrong
  • 2
    category II
    Correct
    Wrong
  • 3
    category III
    Correct
    Wrong
  • 4
    category IV
    Correct
    Wrong
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Answer : 2. "category II"

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