GK INFOPEDIA

[1]Which of the following cannot be a feature of a Debit card? A. These cards cannot be used as POS Centres B. Banks earn huge amount as penalties for defaulting on payment through these cards. C. Can be used normal withdrawals. D. Only 1 and 2 Ans: Only 1 and 2 Explanation : 0 [2]Fiscal […]

[1]Financial inclusion is meant for – A. Less privileged persons B. Senior citizens C. Micro finance institutions D. All the above Ans: Less privileged persons Explanation : 0 [2]Fall in the value of currency in respect to other currencies is known as:- A. Deflation B. Devaluation C. Depreciation D. All of the above Ans: Depreciation […]

[1]The first Indian bank to get ISO certification was A. Canara Bank B. Axis Bank C. UCO Bank D. Oriental Bank of commerce Ans: Canara Bank Explanation : 0 [2]Where is the headquarter of Federal Bank? A. Kochi B. Mumbai C. New Delhi D. Bengaluru Ans: Kochi Explanation : 0 [3]Indias first indigenous payment gateway […]

[1]All regional rural banks (RRBs) are required to maintain their entire statutory liquidity ratio (SLR) in A. current accounts with sponsor banks B. time deposits with sponsor banks C. government and other approved securities D. gold holdings only Ans: government and other approved securities Explanation : 0 [2]Which of the following is known as Plastic […]

[1]Service Area Approach (SAA) is associated With? A. Development banks B. Branches of commercial banks situated in metro cities C. Urban branches of commercial banks D. Rural and Semi-urban branches of commercial banks Ans: Rural and Semi-urban branches of commercial banks Explanation : 0 [2]Which of the following is known as plastic money? A. bearer […]

[1]What is the minimum period of maturity prescribed for Commercial Paper (CP)? A. 17 Months B. 14 Days C. 01 Year D. 07 days Ans: 07 days Explanation : 0 [2]RBI issue currency rupee notes on bases of A. By holding minimum value of gold coins and bullion B. By holding minimum foreign securities as […]

[1]The appointments of Banking Ombudsman will be carried out by which of the following? A. Finance Ministry B. RBI C. Govt. of India D. SEBI Ans: RBI Explanation : 0 [2]In India, the bank which issued central currency is? A. Central Bank of India B. State Bank of India C. Reserve Bank of India D. […]

[1]Which of the following co-operative banks is considered as the first Co-operative Bank in India? A. Amanath Co-operative Bank Ltd B. Anyonya Co-operative Bank C. Greater Bombay Co-operative Bank Ltd D. Abhyudaya Co-operative Bank Ltd Ans: Anyonya Co-operative Bank Explanation : 0 [2]Which of the following is the slogan of CIBIL? A. Empowering Banks B. […]

[1]What does CRR stand for? A. Credit Reserve Ratio B. Cost Advisory Ratio C. Cash Reserve Ratio D. Cash Revenue Ratio Ans: Cash Reserve Ratio Explanation : 0 [2]The minimum acceptable amount under the Scheme of Certificate of eposit is A. Rs. 1 lakhs B. Rs. 25 lakhs C. Rs. 20 lakhs D. Rs. 25 […]

[1]To maintain price stability, while keeping in mind the objective of growth, RBI Act 1934 has been amended by the finance Act, 2016 to provide for a statutory and institutionalized framework for MPC. In this context, MPC stands for A. Money Policy Committee B. Monetary Prime Committee C. Monetary Public Committee D. Monetary Policy Committee […]