Banking Quiz

1. Which of the following deposits do not attract TDS?
a) Call Deposits
b) Flexi Deposits
c) Recurring Deposits
d) Fixed Deposits

2. The BFS’s board member are appointed for term of ____________
a) 1 years
b) 2 years
c) 3 years
d) 4 years

3. RBI constituted an expert committee for examining its current monetary policy framework. Who is the chairman of the committee?
a) Dr. Anand Sinha
b) K. C. Chakrabarty
c) H. R. Khan
d) Dr. Urjit Patel

4. In India ‘Report on Currency and Finance’ is the annual publication of
a) RBI
b) Finance Commission
c) SEBI
d) NOne of these

5. The Basic criteria that was considered while nationalisation of banks in 1969 was the liability base of banks is more than ____________
a) 60 crores or more
b) 100 crores or more
c) 50 crores or more
d) 30 crores or more

6. First Bank established in India was _____________
a) Reserve Bank of India
b) Bank of India
c) Imperial Bank
d) Bank of Hindustan

7. __________bank was established in 1786
a) Reserve Bank Of India
b) State Bank of India
c) General Bank
d) None of these

8. At present the rate of interest paid by RBI to Commercial Banks on CRR is ________
a) 3.5%
b) 4 %
c) 4.5%
d) 5%

9. The Central Office of the Reserve Bank was permanently moved to Mumbai in _______
a) 1947
b) 1949
c) 1935
d) 1937

10. The first nationalisation of banks exercise was done on ___________
a) 19.07.1967
b) 19.07.1970
c) 19.07.1969
d) 01.07.1969