Banking quiz

Question 1

Which of the following is not the function of RBI?

Accepted Answer

Issuing of one rupee notes and coins

Question 2

...... Banking is banking that fights poverty. Identify the type of banking?

Accepted Answer

Social banking

Question 3

The term bank is derived from Italian word banca

Accepted Answer

True

Question 4

"Online banking is also called web banking"

Accepted Answer

True

Question 5

What is the maximum limit for doing transactions via RTGS?

Accepted Answer

None of the above

Question 6

New generation banks started operations in 1990

Accepted Answer

False

Question 7

Which is not a foreign bank?

Accepted Answer

City union bank

Question 8

Debit card allows consumers to borrow money from the card issuer

Accepted Answer

False

Question 9

RRBs are sponsored by?

Accepted Answer

Commercial banks

Question 10

Which of the following apex institution handles refinance for agriculture and rural development?

Accepted Answer

NABARD

Question 11

RBI was established on 1935

Accepted Answer

True

Question 12

The Imperial bank of india, after it's nationalization came to be known as

Accepted Answer

State bank of India

Question 13

Which type of bank is Mudra bank?

Accepted Answer

Public sector bank

Question 14

Which is the largest commercial private sector bank in India?

Accepted Answer

ICICI

Question 15

identify the first bank established in india?

Accepted Answer

General bank of india

Question 16

Which is not supervisiory function of RBI?

Accepted Answer

Collection of data

Question 17

Which of the following public sector bank has the largest no.of branches in foreign countries?

Accepted Answer

Bank of Baroda

Question 18

What is also called green banking?

Accepted Answer

EFT

Question 19

What is round the clock banking?

Accepted Answer

24*7*365

Question 20

At which of the following cities is the head office of RBI located?

Accepted Answer

Mumbai

Questions 20