GENERAL QUESTIONS

1. In 1921, the Presidency Banks of Bengal, Madras and Bombay were

nationalized to give birth to:
A Syndicate Bank
B Punjab and Sindh Bank
C Punjab National Bank
D State Bank of India
View Answer
2. Which bank gives long term loan to famers ?
A SBI
B NABARD
C Rural Banks
D Land Development Bank

3. Which one of the following Public Sector banks emblem figures a dog
and the words faithful, friendly in it ?
A Syndicate Bank
B State Bank of India
C Oriental Bank of Commerce
D Punjab National Bank

4. What is Dow Jones?

A Share market index of New York exchange market
B Share market index of Mumbai stock exchange
C Gold price index of World Gold Council
D None of these

5. The first Bank established in India was:

A Bank of Hindustan
B State Bank of India
C Punjab National Bank
D Central

6. The system of value added taxation is applicable to :

A Income tax
 Excise duties
C Estate duty
D Property tax

7. Which of the following rural bank is named after a river ?

A Prathama Bank
B Varada Grameen Bank
C Thar Anchalik Grameen Bank
D Aravali Kshetriya Grameen Bank

8. What is the animal on the insignia of the RBI ?

A Lion
B Tiger
C Panther
D Elephant
er
9. Which of the following provides the largest part of the demand for
loanable funds in India ?
A Farmers
B Private-house purchasers
C Hire-purchase borrowers
D Corporate businesses

10. Who amongst the following was never a Governor of the RBI ?
A Y. V. Reddy
B Bimal Jalan
C Arup Roy Choudhury
D Rangarajan

11. Private Sector Mutual Funds in India were permitted in

A 2001
B 1994
C 1993
D 1964
View Answer
12. The national Stock Exchange is located in:
A New Delhi
B Nagpur
C Mumbai
D Kolkata

13. Which of the following best defines the term Letter of Credit as used
frequently in bank transactions ?
A An order from a bank to another bank abroad authorizing the
payment of a particular amount to a person named in the letter
B An unconditional undertaking given by a bank ensuing the payment
of a particular amount to the drawee at a given date
C Letter by a bank to a person starting the terms and conditions of the
loan sanctioned to him by the bank
D Statement showing outstanding deposits and credits of a bank for a
particular period

14. The Imperial Bank of India, in 1955 after nationalization was given
the name of:
A Indian Overseas Bank
B Reserve Bank of India
C State Bank of India
D Bank of India

15. In which year Over the Counter Exchange (OTC) was founded ?
A 1990
B 1992
C 1993
D 1994

16. Which among the following is the oldest Development Financial

Institution of India ?
A UTI
B IDBI
 C ICICI
D IFCI

17. Rule which states that similar set of goods and services produced in
various countries should have equal price is classified as
law of similar mortgage rate
law of one type manufacturing
law of similar labor rules
law of one price

18. Theory which considers change in exchange rate with fluctuations in

inflation rates is classified as
liquidated power parity
purchasing power parity
selling power parity
volatile power parity