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In order to aid your exam preparation, we are presenting a ‘Banking Awareness Quiz’ that you can score well in this section.

Q1. In April 1980, ____ banks were nationalized in India?
A. 3
B. 5
C. 6
D. 7

Q2. In which year was the Bank of Maharashtra established?
A. 1937
B. 1935
C. 1934
D. 1949

Q3. In Banking terminology, NPA means
A. Non-Promise Account
B. Non-Personal Account
C. Non-Performing Asset
D. Net-performing Asset

Q4. Which are the following rates are decided by the RBI is called “Policy Rate”?
A. Cash reserve ratio
B. Lending rate
C. Bank rate
D. Deposite rate

Q5. ‘kfw’ is an organisation/bank base in ____.
A. France
B. Japan
C. Germany
D. China

Q6. Multilateral Investment Guarantee Agency (MIGA) is associated with which of the following Organisation?
A. World Bank
B. Reserve Bank of India
C. International Monetary Fund
D. European Investment Bank

Q7. The ‘PNB’ open its doors to the general public on _____.
A. 12 April, 1895
B. 14 April, 1895
C. 16 April, 1895
D. None of These

Q8. South Indian Bank has its headquarter in which state?
A. Tamil Nadu
B. Kerela
C. Andhra Pradesh
D. Karnataka

Q9. What is the full form of ‘ULIP’, the term which was in the news recently?
A. Universal Life & Investment Plan
B. Unit Loan & Investment Plan
C. Unit Linked Insurance Plan
D. Uniformly Loaded Investment Plan

Q10. Increased interest rates, as is existing in the economy at present, will
A. Lead to lower GDP growth
B. Lead to higher GDP growth
C. Mean lower cost of raw materials
D. Mean higher cost of raw materials


1. C. 6 6. A. World Bank
2. B. 1935 7. A. 12 April, 1895
3. C. Non-Performing Asset 8. B. Kerela
4. A. Cash reserve ratio 9. C. Unit Linked Insurance Plan
5. C. Germany 10. D. Mean higher cost of raw materials


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