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

Which body complies the national income at India ?

Maha Bachat Scheme is initiated by

Bankers generally do not allow opening of accounts in the name of :

The government of India has undertaken a programme of recapitalization of Public Sector banks to help them enhance business growth and ……

The depositor Education and Awareness Fund(DEAF) has been set up with:

The Reserve Bank of india recently issued guidelines allowing minors over 10 years of age to operate bank accounts independently with a view to :

As consumer banking frauds are on the rise, a Reserve Bank of India(RBI) group has suggested the use of PKI in order to payment system in the country. The abbreviation ‘PKI’ stands for :

The amount specified as the Cash Reserve Ratio(CRR) is held in cash and cash equivalents and is stored in bank vaults or parked with :

The RBI policy rate which is purely an indicative rate used by the Reserve Bank of India to signal long-term outlook on interest rates is :

The Reserve Bank of India has been critical of Home Loan products with comparatively low interest rates in the initial year but higher in the subsequent years, which are popularly known as the :

Devaluation of currency leads to :

The potential of a bank borrower or counterparty to fail in meeting its obligations in accordance with agreed terms is known as :

The process of curing inflation by reducing money supply is called :

What are the effects of rupee depreciation ?

The State Bank of India recently signed up with which Anil Ambani Group company, in a ‘business correspondent’ deal to source a range of banking services ?

Which of the following comes under Demand Liabilities ?

Which rate is used by the Reserve Bank of India to decrease liquidity in the market ?

Interest rate spreads indicate how efficiently banks :

Real time settlement of fund transfer is known as :

What does DTL stand for in the field of banking ?

Which of the following is correct regarding SLR ?

Which of the following is not included in the World Bank Group ?

In the recent past, which of the following received business licence from the Reserve Bank of India to set up banks ?

‘BIS’ in the context of banking stands for :

Balance of payment transactions are made by :

The Reserve Bank of India recently delayed launch of INR 10 plastic currency notes in five cities selected for their geographical and climatic diversity. Which of the following is among those cities ?

FDI in private banking sector of India is allowed up to :

Which of the following statements about New Development Bank BRICS,formerly referred to as BRICS Development Bank is correct?

1.The headquarters of the bank is situated at Moscow,Russia

2.K.V Kamath is the first president of the bank.

Select the correct answer using the codes below