Banking Questions & Answers (Compiled from UPSC, SSC ,PSC ,IBPS previous question papers)

Which bank had the highest concentrations of operations overseas in 2010?
Bank of Baroda
Bank of India
State Bank of India
Union Bank of India

The main objectives of the Export-Import Bank (EXIM Bank) are:
(i) to ensure an integrated and coordinated approach to solving the problems of exporters
(ii) to provide special attention to capital goods export and export of technical services
(iii) to tap domestic and overseas markets for resources, undertake development and finance activities in the areas of exports.
(iv) to provide financial assistance to the exporters and importers and act as the principal financial institution for coordinating the working of other institutions engaged in financing exports and imports.
(v) to provide refinance facilities to commercial banks and financial institutions against their export-import financing activities
( both (i) and (ii)
( only (iii), (iv), and (v)
( All the above
( None of the above

When did the Government of India set up the Export-Import Bank of India?
January, 1982
January, 1993
March, 1971
June, 1969

The duration of fund raising from the commercial banks to the extent of RIDFs shortfall in agricultural lending is _________.
daily
weekly
monthly
yearly

When did the National Bank of Agriculture and Rural Development establish?
July, 1982
July, 1969
June, 1951
June, 1961

The performance of which scheme does the National Housing Bank monitor?
Liberalized Finance Scheme
Golden Jubilee Rural Housing Finance Scheme
Energy Efficient Housing Finance Scheme
Finance scheme for indirect loans

Which of the following is true about the functions performed by RBI - (i) It is the Bank of Issue (ii) It acts as banker to the Government(iii) It is the banker of other banks (iv) It regulates the flow of credit(a) Both (i) and (ii)(b) Both (iii) and (iv)(c) All the Above(d) None of the aboveView Answer / Hide AnswerANSWER: (c) All the AboveThe Reserve Bank of India, as the central bank of the country, functions as the sole bank with the right of issuing paper notes, it acts as banker to the Government, it is the banker to other bank and it regulates the flow of credit.

An International Organization with Robert B. Zoellick as its President sanctioned a loan of US$ 944 million to India so that it can strengthen its rural finance system,
vocational training and improve its water management projects. Which of the following is the name of that organization ?
International Monetary Fund
Asian Development Bank
UNESCO
World Bank
None of these

The foreign banks have been restrained by a consumer court from charging none interest then what from credit card holder for how much percent a year?
10
20
30
40
None of these

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