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IBPS RRB Banking Awareness Day 1

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IBPS RRB Banking Awareness Day 1

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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.
IBPS RRB Banking Awareness Day 1 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 IBPS RRB Banking Awareness Day 1 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 of these Ratings is used by RBI to rate the banks after annual on-site inspection of banks?
    A. CAMELS B. RATS C. TIGERS D. LIONS

Answer: Option A
2. What is the population limit at a place under which the banks don’t require a license from RBI to open a branch?
    A. 10000 B. 20000 C. 40000 D. 50000

Answer: Option D
3. Which of the following comes under Statutory Pre-emotions?
    A. Cash Reserve Ratio B. Statutory Liquidity Ratio C. Both a and b D. None

Answer: Option C
4. Who was the chairman of the first Banks Board Bureau?
    A. Vinod Rai B. Usha Mehta C. Ravi Shankar Menon D. Raghuram Rajan

Answer: Option A
5. Which of these is not a parabanking activity?
    A. Asset Management B. Cash Withdrawal C. Insurance Business D. None of the above

Answer: Option B
1. In how many languages is the amount is written on the bank note?
    A. 15 B. 17 C. 19 D. 22

Answer: Option B
2. In which year the Paper Currency Act was passed?
    A. 1861 B. 1885 C. 1909 D. 1919

Answer: Option A
3. When was the currency function moved from Controller of Currency to RBI?
    A. 1935 B. 1947 C. 1950 D. 1928

Answer: Option A
4. When was the decimalization of the coinage done in India?
    A. 1957 B. 1955 C. 1947 D. 1935

Answer: Option A
5. Who undertakes the distribution of one rupee notes and coins and small coins all over the country?
    A. Finance Ministry B. RBI C. Home Ministry D. All of the above

Answer: Option B
1. What is the maximum amount for which a note can be printed by the RBI?
    A. 2000 B. 5000 C. 10000 D. 50000

Answer: Option C
2. Who signs the One Rupee notes in India?
    A. Prime Minister B. RBI Governor C. Finance Secretary D. President

Answer: Option C
3. Where was the first printing press for bank notes setup in India?
    A. Bhopal B. Pune C. New Delhi D. Nasik

Answer: Option D
4. What amount of Gold RBI needs to maintain under the Minimum Reserve System?
    A. Rs. 150 crore B. Rs. 200 crore C. Rs. 115 crore D. Rs. 100 crore

Answer: Option C
5. Where is the printing press of Bharatiya Reserve Bank Note Mudran Pvt. Ltd. Located?
    A. Mysore B. Salboni C. Both a and b D. None of the above

Answer: Option C

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