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- 1. Which bill related to provide Operaitonal flexibility to central bank to fix SLR and CRR for different banks?
A.The RBI (Amendment) Bill 2005
B.The RBI (Amendment) Bill 2006
C.The RBI (Amendment) Bill 2007
D.The RBI (Amendment) Bill 2004
Answer & Explanation
Answer: Option A 
The RBI (Amendment) Bill 2005
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- 2. RBI introduced Banking Ombudsman scheme in which year?
A.1995
B.1996
C.1997
D.1998
Answer & Explanation
Answer: Option A
1995
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- 3. The proportion of Non - Banking financial companies assets in the total assets of the financial systems?
A.12 percent
B.11 percent
C.13 percent
D.14 percent
Answer & Explanation
Answer: Option B
11 percent
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- 4. Under which act Local Area Banks can be established by private promoters?
A.Company Act – 1959
B.Company Act – 1956
C.Company Act – 1950
D.Company Act – 1953
Answer & Explanation
Answer: Option B
Company Act – 1956
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- 5. Who is the chairman of the working group constituted by RBI to provide suggestions on regulating loans to organized sector?
A.C. S. Gupta
B.S. S. Gupta
C.S. E. Gupta
D.S. C. Gupta
Answer & Explanation
Answer: Option D
S. C. Gupta
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To whom this Banking Awareness Expected Quiz Set 1 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
- All I.B.P.S and Public Sector Bank Competitive Exam
- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
- Defence Competitive Exams
- L.I.C / G.I.C AO and Clerk Competitive Exams
- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.
