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Q:

Which agency in India provides refinance of export credit?

A) SIDBI B) NABARD
C) RBI D) EXIM Bank
 
Answer & Explanation Answer: D) EXIM Bank

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following is not a primary function of a bank?

A) Facilitating import of goods B) Remittance facility
C) Safe custody of articles D) Foreign Exchange
 
Answer & Explanation Answer: A) Facilitating import of goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is the first micro finance companyto start operation as a commercial bank?

A) Oriental Bank of Commerce B) State Bank of India
C) Reserve Bank of India D) Punjab National Bank
 
Answer & Explanation Answer:

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Q:

To make India a cashless economy by pushing cashlesstransaction, which committee is constituted by thegovernment?

A) Adhyarjuna Committee B) Amitabh Kant Committee
C) A Ghosh Committee D) Abid Hussain Committee
 
Answer & Explanation Answer: B) Amitabh Kant Committee

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Q:

What does 'GIFT' stand for?

A) Gujarat Institute of Fashion Technology B) Government of India Foreign Trade
C) Gapping Income Free Of Tax D) Gujarat International Financial Tech
 
Answer & Explanation Answer: D) Gujarat International Financial Tech

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Q:

What is Cash Reserve Ratio?

A) Deposits of banks in government securities B) Rate at which banks borrow funds from the RBI
C) Deposits (as cash) which banks have to keep/maintainwith the RBI D) Rate at which RBI borrows money from the banks
 
Answer & Explanation Answer: C) Deposits (as cash) which banks have to keep/maintainwith the RBI

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Q:

Which among the following is the difference in valuebetween a countrys imports and exports?

A) Balance of Trade B) Balance of Payment
C) Balance of power D) Credit Balance
 
Answer & Explanation Answer: A) Balance of Trade

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which among the following is the slogan of Allahabad Bank?

A) A tradition of trust B) World wise
C) Honour your trust D) Invest with confidence
 
Answer & Explanation Answer: A) A tradition of trust

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