All Exams Free Study Material and PDFs Join Our Telegram Channel
Click Here Join Now

1. The largest bank Imperial bank was nationalized in 1955 and rechristened as State Bank of
India on the recommendation of which committee?
A. Rangarajan Committee
B. Chelliah Committee
C. Rekhi Committee
D. Gorewala Committee

2. SEBI was established in the year
A. 1994
B. 1990
C. 1992
D. 1982

3. Which public sector bank of India is the rst fully Indian bank, established by the Indian
A. Bank of Baroda
B. State Bank of India
C. Central Bank of India
D. Punjab National Bank

4. When RBI sells government securities its meaning is?
A. Liquidity in banking increases
B. Liquidity gets diminished
C. Liquidity remains unchanged
D. None of these

5. With a view to facilitate payment of balance in the deposit account to the person named by
the depositor without any hassles in the event of death of account holder, the following
facility was introduced for bank account in our country.
A. Guarantee
B. Registratio
C. Nomination
D. Will

6. Which among the following statement is incorrect about SEBI?
A. Capital market regulator
B. Mutual fund regulator
C. Regulates the credit rating agencies in India
D. None

7. Which of the following rates are decided by the RBI called as “Policy Rate”?
A. Cash reserve ratio
B. Lending rate
C. Bank rate
D. Deposit rate

8. Non-Banking Financial Companies (NBFCs) are nancial institution that
A. holds a banking license
B. does not hold a banking license
C. are government undertaking institutions
D. None of these

9. In comparison with Liquidity Adjustment facility (LAF), Marginal Standing Facility (MSF) has
A. Higher Rate of Interest
B. Lower Rate of Interest
C. No dierencein interest rate
D. None of these

10. Indian Depository Receipt (IDR) is the
A. Proof of an Indian company’s share
B. Is an unsecured money market instrument
C. Proof of ownership of foreign company’s share
D. Proof of earnings or prots of Indian Companies


1)D. Gorewala Committee
2)C. 1992
3)D. Punjab National Bank
4)B. Liquidity gets diminished
5)C. Nomination
6)D. None
7)A. Cash reserve ratio
8)B. does not hold a banking license
9)A. Higher Rate of Interest
10)C. Proof of ownership of foreign company’s share



Please enter your comment!
Please enter your name here