Banking and Cooperation Question Paper-1

Question:- ____________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption.

Answer:- Financial system

Question:- Which of the following is not a regulatory institution in Indian financial system?

Answer:- CIBIL

Question:- _____________ is regarded as a queen of Indian financial system.

Answer:- RBI

Question:- National Housing bank is a fully owned subsidiary of___________.

Answer:- RBI

Question:- Financial institutions are also known as ______________.

Answer:- Financial intermediaries

Question:- ____________is the first development financial institution in India.

Answer:- IFCI

Question:- IDBI was established in ____________.

Answer:- 1964

Question:- ______________is an apex institution to coordinate, supplement and integrate the activities of all existing specialized financial institutions.

Answer:- IDBI

Question:- Which of the following is not an asset held by Commercial Banks?

Answer:- Current Account Deposits

Question:- Which of the following combinations is correct?

Answer:- RRB Agriculture Finance

Question:- Which of the following is not an organized sector in India?

Answer:- Chits and Money lenders

Question:- In which year was the Banking Regulation Act passed?

Answer:- 1949

Question:- When did the National Bank of Agriculture and Rural Development establish?

Answer:- July, 1982

Question:- Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

Answer:- NABARD

Question:- At which of the following cities is the Head Office of Reserve Bank of India located?

Answer:- Mumbai

Question:- “Scheduled bank” in India means a bank _____.

Answer:- Included in the Second schedule to the Reserve Bank of India Act 1934

Question:- Which is the largest commercial bank in India?

Answer:- State Bank of India

Question:- Co-operative Societies Act was enacted in which year?

Answer:- 1912

Question:- With whom does the ownership of Public sector banks rest?

Answer:- Government of India

Question:- In which year was the Bank of Maharashtra established?

Answer:- 1935

Question:- Urban Cooperative Banks are also called as?

Answer:- Primary Cooperative Banks

Question:- What is the full-form of NBFC?

Answer:- Non-Banking Financial Company

Question:- Who insures banks in India?

Answer:- DICGC

Question:- How many developments banks are there in India?

Answer:- 6

Question:- Which is the largest commercial bank in India?

Answer:- State Bank of India