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General Awareness Quiz 13 for SBI & IBPS exams

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General Awareness Quiz 13 for SBI & IBPS exams

1 . The Co-operative banks are organised on a
A.   Three tier system
B.   Two-tier system
C.   Unitary basis
D.   None of these
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2 . RBI issues directives to check speculation and rising prices
A.   By exercising moral influence on the banks
B.   By changing the statutory reserve maintained by Scheduled Banks with the Reserve Bank under Section 42 of the RBI Act
C.   By changing the Bank Rate and its policy of granting accommodation to the commercial banks
D.   All of the above
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3 . Banking institutions modelled on European lines were first established in
A.   Delhi
B.   Bombay
C.   Bengal
D.   Madras
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4 . The first Indian enterprise in the field of banking based on joint stock limited liability principle was the
A.   Oudh commercial Bank started in 1881
B.   Bank of Andhra, 1882
C.   Bank of India. 1883
D.   All of the above
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5 . Punjab National Bank (1894) and People's Bank (1901) was started by
A.   LalaLajpat Rai
B.   Harkishan Singh
C.   Harkishan Lai Gauba
D.   Amarjeet Singh
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6 . A fiscal commission under the President ship of Sir Ibra'him Rahimatullah was appointed in October
A.   1921
B.   1931
C.   1925
D.   1935
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7 . In 1914 foreign banks held over 70 percent of all bank deposits in India. By 1937 their share had decreased to
A.   25%
B.   34%
C.   46%
D.   57%
View Answer
8 . With the enactment of the Regional Rural Banks (Amendment) Act, 1987, the authorised capital of each RRB has been raised to Rs.
A.   Rs. 10 lakhs
B.   Rs. 1 crore
C.   Rs. 5 crores
D.   Rs. 10 crores
View Answer
9 . At the end of December 1987 the advances of RRBs to the weaker sections accounted for
A.   70 % of their total direct advances
B.   82 % of their total direct advances
C.   92 % of their total direct advances
D.   95 % of their total direct advances
View Answer
10 . The Regional Rural Banks avail of the refinance facilities from the
A.   National Bank for Agriculture and Rural Development
B.   Co-operative Bank
C.   Commercial Banks
D.   Reserve Bank of India
View Answer


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