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Banking Awareness Practice Set 12

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Banking Awareness Practice Set 12

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Banking Awareness is an important section in the employment-related competitive exams in India. In particular, exams like IBPS, SBI and other bank related employment exams have banking awareness questions along with general awareness section. The Banking Awareness section primarily has questions related to the History of Banking, Banking Terms, Banking Products, Functions of Banks, Banks and their Taglines, Schemes, Committees related to Banking, Headquarters of Banks, most recent Banking News, Apps launched by Banks, New Schemes, Monetary Policies etc.
Banking Awareness Practice Set 12 article provides the list of several bank related questions to prepare aspirants of different competitive exams in India, primarily for banking related employment. The article Banking Awareness Practice Set 12 is very useful for different exams such as IBPS PO, Clerk, SSC CGL, SBI PO, NIACL Assistant, NICL AO, IBPS RRB, Railways, Civil Services etc.

shape Quiz

1. Which was the first RRB in India to adopt CBS platform?
    A. Prathama Bank B. Telangana Grameen Vikas Bank C. Rushikulya Gramya Bank D. Gaur Gramin Bank

Answer: Option C
2. Which of these committees reviewed the financial position of all RRBs in 2010 and recommended for recapitalization?
    A. Rangarajan committee B. Sukhmoy committee C. K.C Tyagi committee D. Chakrabarty Committee

Answer: Option D
3. Which state has the highest number of RRBs in India?
    A. Uttar Pradesh B. Bihar C. West Bengal D. Maharashtra

Answer: Option A
4. Which nationalised bank sponsored the Prathama Bank?
    A. Syndicate bank B. Punjab National Bank C. State Bank of India D. Allahabad Bank

Answer: Option A
5. Which of these RRB is not sponsored by State bank of India?
    A. Saurashtra Grameen Bank B. Utkal Grameen Bank C. Uttarakhand Grameen Bank D. Punjab Grameen Bank

Answer: Option D
1. What is the minimum start up capital fixed for Local Area Capital Banks?
    A. Rs 1 crore B. Rs 2 crore C. Rs 5 crore D. Rs 10 crore

Answer: Option C
2. Under which act the Local Area banks are registered?.
    A. Banking Regulations Act 1949 B. Companies Act 1956 C. RBI Act 1935 D. None

Answer: Option B
3. What type of a bank is a Local Area Bank?
    A. Scheduled Banks B. Non-scheduled Banks C. Un-scheduled Banks D. None of the above

Answer: Option B
4. With which bank South Gujarat Local Area Bank Ltd was merged in 2004?
    A. Punjab National Bank B. State Bank of India C. Bank of Baroda D. Syndicate Bank

Answer: Option C
5. Which is the smallest Local Area Bank in India?
    A. Subhadra Local Area Bank Ltd B. Coastal Local Area Bank Ltd C. Capital Local Area Bank Ltd D. Krishna Bhima Samruddhi Local Area Bank Ltd

Answer: Option A
1. Which state Coastal Local Area Bank Ltd belongs to?
    A. Gujarat B. Andhra Pradesh C. Karnataka D. Tamil Nadu

Answer: Option B
2. Which state Capital Local Area Bank Ltd belongs to?
    A. Maharashtra B. New Delhi C. Punjab D. Rajasthan

Answer: Option C
3. When was Krishna Bhima Samruddhi Local Area Bank Ltd established?
    A. 2000 B. 2001 C. 2002 D. 2004

Answer: Option B
4. When were the Local Area Banks were set up first in India?
    A. 1994 B. 1995 C. 1996 D. 1998

Answer: Option C
5. How many Local Area banks exist at present?
    A. 10 B. 4 C. 7 D. 34

Answer: Option B

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