banking gk Practice Question and Answer

Q:

What are the Pre-Payment charges applied on paying personal loan before tenure period. 

1091 0

  • 1
    10% of the Principal
    Correct
    Wrong
  • 2
    5% of the Principal
    Correct
    Wrong
  • 3
    1-2% of the Principal
    Correct
    Wrong
  • 4
    7% of the Principal
    Correct
    Wrong
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Answer : 3. "1-2% of the Principal "

Q:

What is 'B' stands for in "CIBIL"(related to credit ratings)?

1090 0

  • 1
    Bureau
    Correct
    Wrong
  • 2
    Base
    Correct
    Wrong
  • 3
    Bank
    Correct
    Wrong
  • 4
    Benchmark
    Correct
    Wrong
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Answer : 1. "Bureau"

Q:

On which date was the Reserve Bank of India established?

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  • 1
    April 1, 1935
    Correct
    Wrong
  • 2
    July 12, 1982
    Correct
    Wrong
  • 3
    January 1, 1949
    Correct
    Wrong
  • 4
    August 15, 1947
    Correct
    Wrong
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Answer : 1. "April 1, 1935"

Q:

Which Organisation/Ministry is the Custodian of Foreign Reserves in India?

1080 0

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

Q:

Who was the First Deputy Governor of Reserve Bank of India (RBI)?

1069 0

  • 1
    Osborne Smith
    Correct
    Wrong
  • 2
    HO Hume
    Correct
    Wrong
  • 3
    Lord Canning
    Correct
    Wrong
  • 4
    James B.Taylor
    Correct
    Wrong
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Answer : 1. "Osborne Smith"

Q:

____________ became India’s first all woman bank.

1067 0

  • 1
    Dhanlaxmi Bank
    Correct
    Wrong
  • 2
    Lakshmi Vilas Bank
    Correct
    Wrong
  • 3
    Suryodaya Finance Bank
    Correct
    Wrong
  • 4
    Bharatiya Mahila Bank
    Correct
    Wrong
  • 5
    Utkarsh Finance Bank
    Correct
    Wrong
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Answer : 4. "Bharatiya Mahila Bank"

Q:

Which of the following is a fraud investigating agency in India?

1056 0

  • 1
    NEFT
    Correct
    Wrong
  • 2
    IMPS
    Correct
    Wrong
  • 3
    SWIFT
    Correct
    Wrong
  • 4
    MZM
    Correct
    Wrong
  • 5
    SFIO
    Correct
    Wrong
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Answer : 5. "SFIO"

Q:

A reverse mortgage is a special kind of home loan for

1054 0

  • 1
    Government Employees without any security
    Correct
    Wrong
  • 2
    Senior Citizens
    Correct
    Wrong
  • 3
    Beneficiaries under Below Poverty Line Criteria
    Correct
    Wrong
  • 4
    All of the Above
    Correct
    Wrong
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Answer : 2. "Senior Citizens"

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