Banking General Awareness Origin and Development of Banking in India Question Bank

done Previous Years Questions - Development Banks Total Questions - 26

• question_answer1)
  The sponsor bank helps and aids the RRB sponsored by it, by           [Vijaya Bank 2009]

  I. subscribing to its share capital.

  II. training its personnel.

  III. providing managerial and financial assistance during the first 5 years or extended period.

  Select the correct answer using the codes given below
  A)
   I and II done clear
  B)
   II and III done clear
  C)
   I and III done clear
  D)
   All of these done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer2)
  Regional Rural Banks (RRBs) are classified as                     [NABARD 2009]
  A)
   scheduled commercial banks done clear
  B)
   subsidiaries of the sponsor banks done clear
  C)
   subsidiaries of NABARD done clear
  D)
   All of the above done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer3)
  Which of the following agencies/ organisations in India maintains the Micro Finance Development and Equity Fund which was in news recently?          [IBPS 2012]
  A)
   Confederation of Industries in India (CII) done clear
  B)
   Indian Bank's Association (IBA) done clear
  C)
   Small Industries Development Bank of India (SIDBI) done clear
  D)
   Reserve Bank of India (RBI) done clear
  E)
   National Bank for Agriculture and Rural Development (NABARD) done clear
  View Solution play_arrow

• question_answer4)
  Each of the RRBs covers districts ranging from                       [IBPS 2012]
  A)
   1to 15 done clear
  B)
   2 to 25 done clear
  C)
   3 to 25 done clear
  D)
   2 to 15 done clear
  E)
   1 to 5 done clear
  View Solution play_arrow

• question_answer5)
  Regional rural banks are working in all the states of India except                                   [SBI 2011]
  A)
   Sikkim done clear
  B)
   Jammu and Kashmir done clear
  C)
   Goa done clear
  D)
   Sikkim and Goa done clear
  E)
   Assam done clear
  View Solution play_arrow

• question_answer6)
  Which of the following is an example of NBFCs?                            [IBPS 2013]
  A)
   Unit Trust of India done clear
  B)
   Life Insurance Corporation done clear
  C)
   General Insurance Corporation done clear
  D)
  All of the above done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer7)
  Money Laundering normally involves        [BOB 2008]
  A)
   placement of funds done clear
  B)
   layering of funds done clear
  C)
   integration of funds done clear
  D)
   All of the above done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer8)
  One of the major challenges banking industry is facing these days is money laundering. Which of the following acts/ norms are launched by the banks to prevent money laundering in general?   [BOB 2008]
  A)
   Know Your Customer Norms done clear
  B)
   Banking Regulation Act done clear
  C)
   Negotiable Instrument Act done clear
  D)
   Narcotics and Psychotropic Substance Act done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer9)
  Which of the following schemes was launched a few years back to provide wage employment to the rural people in India (The programme is being run successfully in addition to NREGA)?       [BOM 2009]
  A)
   Indira Awas Yojana done clear
  B)
   Accelerated Rural Water Supply Programme done clear
  C)
   Total Sanitation Campaign done clear
  D)
   Sampoorna Grameen Rozgar Yojana done clear
  E)
   Pradhan Mantri Gram Sadak Yojana done clear
  View Solution play_arrow

• question_answer10)
  As we all know, the cooperative banks in India are passing through a difficult phase and their performance is NOT as glamorous as that of the commercial banks today. What went wrong with cooperative banks?      [RBI 2009]

  (1) The cooperative banks disbursed credit on the loans on demand mostly without proper guarantees and documents. Hence repayments were always at the mercy of the borrowers and up to some extent on good crops.

  (2) The cooperative banks are mostly under the supervisory control of the Panchayats, which are not professionally qualified to control suchinstitutions.

  (3) Cooperative Banks do not get any relief package from the Govt. Hence they have to manage their affairs on their own resources only.

  A)
   Only (2) done clear
  B)
   Only (1) done clear
  C)
   Only (3) done clear
  D)
   All (1), (2) & (3)  done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer11)
  The working group set up by the RBI has suggested the launch of an Emergency Fund Facility Scheme for banks. This scheme will help which of the following types of banks? [Allahabad Bank 2010]
  A)
   Public Sector Banks done clear
  B)
   Small Banks done clear
  C)
   Urban Cooperative Banks done clear
  D)
   Private Banks done clear
  E)
   Foreign Banks done clear
  View Solution play_arrow

• question_answer12)
  As per the reports published in various journals and newspapers, the "small borrowers" in rural areas still prefer to take informal route for their credit needs. Which of the following is the "informal route" of credit in the financial sector?    [Punjab &Sindh 2011]
  A)
   Credit cards done clear
  B)
   Loan against gold from financial institute done clear
  C)
   Debit cards done clear
  D)
   Money lender done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer13)
  Micro credit or micro finance is a novel approach to banking with the poor. In this approach, bank credit is extended to the poor through   [Corporation Bank 2011]
  A)
   Self Help Groups done clear
  B)
   Anganwadi done clear
  C)
   Cooperative Credit Societies done clear
  D)
   RBI done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer14)
  Which of the following is the purpose of introducing 'Know Your Customer' norms by the banks? [IBPS Po 2012]
  A)
   To bring more and more people under the banking net done clear
  B)
   Identifying people who do not pay income tax done clear
  C)
   To ensure that the money deposited in banks has come from genuine sources done clear
  D)
   To ensure whether the money deposited in the bank is of an India or a foreign national done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer15)
  NABARD is responsible for regulating and supervising the functions of            [IBPS 2013]
  A)
   Investment and Industrial Finance Banks done clear
  B)
   Cooperative Banks and Regional Rural Banks done clear
  C)
   Corporate Finance and Overseas Banking Units done clear
  D)
   Private Sector and Multinational Banks done clear
  E)
   Reserve Bank of India done clear
  View Solution play_arrow

• question_answer16)
  Which of the following is not insured by the DICGC (Deposit Insurance and Credit Gurantee Corporation)? [IBPS 2013]
  A)
   All Indian commercial Banks done clear
  B)
   Foreign Banks branches functioning in India done clear
  C)
   Local Area Banks done clear
  D)
   Cooperative Banks done clear
  E)
   Primary cooperative societies done clear
  View Solution play_arrow

• question_answer17)
  Headquarters of NABARD is located in [IBPS 2014]
  A)
   Jaipur               done clear
  B)
   Mumbai done clear
  C)
   Mysore             done clear
  D)
   New Delhi done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer18)
  Which committee permits NBFCS to work as Business correspondents of banks? [IBPS 2014]
  A)
   Urjit Patel Committee done clear
  B)
   Deepak Mohanty Committee done clear
  C)
   Nachiket Mor Committee done clear
  D)
   Vijay Kelkar Committee done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer19)
  Which of the following organisations is established mainly to promote Micro, Small and Medium industrial sector in India? [IBPS 2015]
  A)
   NABARD                      done clear
  B)
   SIDBI done clear
  C)
   IDBI Bank                    done clear
  D)
   EXIM Bank done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer20)
  Which of the following organization finance the Rural Infrastructure Development Fund? [SBI Main 2015]
  A)
   NABARD                      done clear
  B)
   SEBI done clear
  C)
   SIDBI               done clear
  D)
   RBI done clear
  E)
   Govt. of India done clear
  View Solution play_arrow

• question_answer21)
  NABARD (National Bank for Agriculture and Rural Development) established JLG to extract the productive capability from rural population. JLG stands for?                       [SBI Main 2015]
  A)
   Junior Link Group done clear
  B)
   Join Life Group done clear
  C)
   Joint Line Group done clear
  D)
   Joint Liability Group done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer22)
  Which agency in India provides refinance of export credit?                [IBPS Main 2016]
  A)
   SIDBI               done clear
  B)
   NABARD done clear
  C)
   RBI                              done clear
  D)
   EXIM Bank done clear
  E)
   Government of India done clear
  View Solution play_arrow

• question_answer23)
  India has signed a Grant Agreement for Additional Financing in Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency with _______.          [IBPS Main 2016]
  A)
   Asian Development Bank (ADB) done clear
  B)
   International Fund for Agricultural Development (IFAD) done clear
  C)
   European Bank for Reconstruction and Development (EBRD) done clear
  D)
   International Bank for Reconstruction and Development (IBRD) done clear
  E)
   World Bank done clear
  View Solution play_arrow

• question_answer24)
  Standard and Poor's is a Credit Rating Agency of international repute. Which of the following is one such agency of Indian origin?             [RBI 2016]
  A)
   IBA done clear
  B)
   BASEL done clear
  C)
   SEBI done clear
  D)
   IRDA done clear
  E)
   CRISIL done clear
  View Solution play_arrow

• question_answer25)
  Which of the following is one of the major activities of the National Bank for Agriculture and Rural Development (NABARD)?        [RBI 2016]
  A)
   On-site inspection of Cooperative Banks and Regional Rural Banks (RRBs) done clear
  B)
   Helping Government of India in preparing Union Budget and presenting it in the Cabinet Meeting done clear
  C)
   Acting as custodian of the foreign exchange reserves of the country done clear
  D)
   Deciding rate of interest on Saving Bank Accounts in Public Sector Banks done clear
  E)
   Representing India in World Bank and other such agencies done clear
  View Solution play_arrow

• question_answer26)
  Who is the Chairman of Bharatiya Mahila Bank?                      [SBI 2016]
  A)
   Aisha De Sequeira done clear
  B)
   Arundhati Bhattacharya done clear
  C)
   Chanda Kochhar done clear
  D)
   Archana Hingorani done clear
  E)
   Usha Ananantha subramaniam done clear
  View Solution play_arrow