Banking G.K.

1. Which of the following public sector banks has the largest number of branches in foreign countries?

  1. Bank of India
  2. Bank of Baroda
  3. Punjab National Bank
  4. Corporation Bank

2. The only merger of two public sector banks took place between -

  1. Bank of India and New Bank of India
  2. Punjab National Bank and New Bank of India
  3. Allahabad Bank and United Bank of India
  4. Punjab National Bank and Bank of Rajasthan

3. Which of the following banks was inaugurated by Mahatma Gandhi in 1919?

  1. Bank of Maharashtra
  2. Bank of Baroda
  3. State Bank of Saurashtra
  4. Union Bank of India

4. After State Bank of India, which of the following banks has the largest number of offices?

  1. Punjab National Bank
  2. Bank of India
  3. Andhra Bank
  4. Canara Bank

5. Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?

  1. Bank rate
  2. Repo rate
  3. Savings bank rate
  1. Only 1
  2. Only 2
  3. Both 1 and 2
  4. All the three

6. What are teaser loan rates charged by banks?

  1. Rate of interest which is competitively changed in relation to other banks
  2. Floating rate of interest charged by banks
  3. Low rate of interest in the initial period which goes up subsequently
  4. Higher rate of interest in the initial period which goes down subsequently

7. Which of the following terms is used in banking field?

  1. Interest rate swap
  2. Input devices
  3. Sedimentary
  4. Zero Hour

8. Expand the term EMI as used in banking/finance sector?

  1. Easy Monthly Instalment
  2. Equal Monthly Investment
  3. Equated Monthly Instalment
  4. Equated Mortgage Investment

9. Bank rate is decided by which of the following?

  1. Reserve Bank of India
  2. Government Of India
  3. State Bank of India
  4. Securities and Exchange Board of India

10. With which of following types of loans are teaser rates related?

  1. Home loans
  2. Personal loans
  3. Auto loans
  4. Reverse mortgage loans

11. What does M in M-Banking Facility being offered by banks to their customers, stand for?

  1. Money
  2. Marginal
  3. Message
  4. Mobile Phone

12. Which of the following is/are true about the Sub-Prime Crisis?

  1. It is a mortgage crisis referring to credit default by the borrowers.
  2. Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers.
  3. This crisis originated because of negligence in credit rating of the borrowers.
  1. Only 1
  2. Only 2
  3. Only 3
  4. All 1, 2, and 3

13. Match the following mergers of banks

List IList II
A. Centurion Bank of Punjab1. ICICI Bank
B. Bank of Rajasthan2. Punjab National Bank
C. Global Trust Bank3. HDFC Bank
D. Nedungadi Bank4. Oriental Bank of Commerce
  1. A - 4; B - 1; C - 2; D - 3
  2. A - 3; B - 4; C - 1; D - 2
  3. A - 2; B - 1; C - 4; D - 3
  4. A - 3; B - 1; C - 4; D - 2

14. At which of the following cities is the Head Office of Reserve Bank of India located?

  1. Mumbai
  2. New Delhi
  3. Kolkata
  4. Dehradun

15. The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

  1. Cash reserves
  2. Deposit reserves
  3. Excess reserves
  4. Momentary reserves