Banking awareness mcqs for competitive exams

Banking awareness mcqs for competitive exams
Banking awareness quiz
Q1:- What is the name of the central bank of Germany?
  1. German state bank
  2. Deutsche Bundesbank
  3. Bayerische Landesbank
  4. None of the above
Ans:- Deutsche Bundesbank

Q2:- How many foreign banks are there in India at present?
  1. 45
  2. 24
  3. 43
  4. 50
Ans:- 45

Q3:- Who regulates the functioning of District Cooperative Banks in india?
  1. State government
  2. RBI
  3. State Cooperative bank
  4. None of the above
Ans:- RBI

Q4:- What is the share of Sponsor Banks in the Regional Rural Banks?
  1. 75%
  2. 35%
  3. 12%
  4. 45%
Ans:- 35%


Q5:- Which of these committees reviewed the financial position of all RRBs in 2010 and recommended for recapitalization?
  1. Rangarajan committee
  2. Chakrabarty committee
  3. K.C Tyagi committee
  4. None of the above
Ans:- Chakrabarty committee

Q6:- Which state has the highest number of RRBs in India?
  1. Uttar Pradesh
  2. Bihar
  3. West Bengal
  4. Mumbai
Ans:- Uttar Pradesh

Q7:- When was the Industrial Finance Corporation of India setup in India?
  1. 1948
  2. 1945
  3. 1951
  4. 1991
Ans:- 1948

Q8:- Which is India’s first Payment bank?
  1. Paytm payments Bank
  2. Airtel Payment Bank
  3. Jio Payment Bank
  4. None of the above
Ans:- Airtel Payment Bank

Q9:- How many payment banks were approved by RBI in 2015?
  1. 11
  2. 8
  3. 7
  4. 30
Ans:- 11

Q10:- Who wrote the book The Problem of the Rupee – Its origin and its solution, which gave the concept of RBI?
  1. B.R Ambedkar
  2. Lala Lajpat Rai
  3. Jawahar Lal Nehru
  4. None of the above
Ans:- B.R Ambedkar


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