Q1. The Reserve Bank of India is the nodal agency of the country in handling monetary policy. It was nationalised on......?
a) 1st March 1948
b) 1st January 1949
c) 1st May 1956
d) 1st July 1955
e) 1st April 1956

Q2. RBI introduced a banking Ombudsman Scheme in the country on June 14,1995, for giving a solution for customer's complaints. Which of the following have not been included under the scheme?
a) commercial banks
b) Co-operative Banks
c) Primary co-operative banks
d) Regional Rural Banks
e) None of the above

Q3. SEBI was initially constituted on April 12,1988. Which among the following is not the function of SEBI-
a) encourage self-regulatory organisations
b) check insider trading
c) promote research and investigations
d) regulate business of stock exchanges
e) promote control of management

Q4. Recently Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on jointly inaugurated the Petrapole Integrated Check Post through video-conferencing. The currency of Bangladesh is?
a) taka
b) dinar
c) lek
d) pula
e) real

Q5. Bank of Baroda is an Indian state-owned banking and financial services. Its head office is located at.....?
a) Pune
b) Baroda
c) Delhi
d) Chennai
e) Kolkata

Q6. 'A friend you can bank on', is the tag line of which of the following bank?
a) UCO bank
b) Axis Bank
c) Vijaya Bank
d) Yes bank
e) Indian Bank

Q7. Expand the term UDAY.............?
a) Ujjwal Discom Assurance Yojana
b) Ujjwal Development Assurance Yojana
c) Unique Distribution Allowance Yojana
d) Urban Distribution Assurance Yojana
e) Urban Discom Allowance Yojana

Q8. The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966. Its headquartered is located at?
a) Kathmandu, Nepal
b) Washinfton D.C, USA
c) Jakarta, Indonesia
d) Manila, Philippines
e) Beijing, China

Q9. Kaziranga National Park is located in which of the following State?
a) Assam
b) Odisha
c) Arunachal Pradesh
d) Karnataka
e) Sikkim

Q10. If SLR is reduced, which of the following will be the effect on bank loans...........?
a) lendable funds will be decreased
b) lendable funds will be increased
c) will have no effect
d) money supply decreases
e) None of the above



Answers:

Q1. The Reserve Bank of India is the nodal agency of the country in handling monetary policy. It was nationalised on......?
a) 1st March 1948
b) 1st January 1949
c) 1st May 1956
d) 1st July 1955
e) 1st April 1956
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Q2. RBI introduced a banking Ombudsman Scheme in the country on June 14,1995, for giving a solution for customer's complaints. Which of the following have not been included under the scheme?
a) commercial banks
b) Co-operative Banks
c) Primary co-operative banks
d) Regional Rural Banks
e) None of the above
Banking Ombudsman is a quasi judicial authority functioning under India’s Banking Ombudsman Scheme 2006, and the authority was created pursuant to a decision made by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks.

Q3. SEBI was initially constituted on April 12,1988. Which among the following is not the function of SEBI-
a) encourage self-regulatory organisations
b) check insider trading
c) promote research and investigations
d) regulate business of stock exchanges
e) promote control of management
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992.

Q4. Recently Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on jointly inaugurated the Petrapole Integrated Check Post through video-conferencing. The currency of Bangladesh is?
a) taka
b) dinar
c) lek
d) pula
e) real
Bangladesh, east of India on the Bay of Bengal, is South Asian country of lush greenery and many waterways.On the southern coast, the Sundarbans, an enormous mangrove forest shared with India, are home to the Royal Bengal tiger.
Capital: Dhaka
Currency: Bangladeshi taka

Q5. Bank of Baroda is an Indian state-owned banking and financial services. Its head office is located at.....?
a) Pune
b) Baroda
c) Delhi
d) Chennai
e) Kolkata
Bank of Baroda is an Indian state-owned banking and financial services company headquartered in Baroda in Gujarat, India.It is the second largest bank in India, next to State Bank Of India.

Q6. 'A friend you can bank on', is the tag line of which of the following bank?
a) UCO bank
b) Axis Bank
c) Vijaya Bank
d) Yes bank
e) Indian Bank
Vijaya Bank is a medium-sized Public Sector Bank with presence across India. It is one of the nationalised banks in India.
Headquarters: Bengaluru
MD & CEO: Kishore Kumar Sansi

Q7. Expand the term UDAY.............?
a) Ujjwal Discom Assurance Yojana
b) Ujjwal Development Assurance Yojana
c) Unique Distribution Allowance Yojana
d) Urban Distribution Assurance Yojana
e) Urban Discom Allowance Yojana
Ujjwal DISCOM Assurance Yojana or UDAY. UDAY provides for the financial turnaround and revival of Power Distribution companies (DISCOMs), and importantly also ensures a sustainable permanent solution to the problem.

Q8. The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966. Its headquartered is located at?
a) Kathmandu, Nepal
b) Washinfton D.C, USA
c) Jakarta, Indonesia
d) Manila, Philippines
e) Beijing, China
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966 which is headquartered are located in Mandaluyong, Metro Manila, Philippines.Region served Asia-Pacific
Membership- 67 countries
President- Takehiko Nakao
Q9. Kaziranga National Park is located in which of the following State?
a) Assam
b) Odisha
c) Arunachal Pradesh
d) Karnataka
e) Sikkim
Kaziranga National Park is a national park in the Golaghat and Nagaon districts of the state of Assam, India. The sanctuary, which hosts two-thirds of the world's great one-horned rhinoceroses is a World Heritage Site.

Q10. If SLR is reduced, which of the following will be the effect on bank loans...........?
a) lendable funds will be decreased
b) lendable funds will be increased
c) will have no effect
d) money supply decreases
e) None of the above







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