Banking Awareness Online Bits for Bank Exams -10

Hi friends welcome to http://currentaffairs2you.blogspot.com/ , Banking Awareness is one of the important concept in bank exams. Here i updated some small piece of study material for Banking Awareness , but all complete study material for Banking Awareness is available in this blog, with patience you download banking study material and do practice. Here All the Banking Awareness study material is free of cost. Good Luck

1) The system of note issue followed by the RBI is?

1.      Proportional reserve system

2.      Minimum reserve system

3.      Minimum fiduciary system

4.      Maximum fiduciary system

2) The purpose of which is to make credit of available to essential sectors of the economy according to national priorities?

1.      Selective Credit Control (SCC)

2.      Maintenance of cash reserve

3.      Reserve fund

4.      Comprehensive Credit Control

3) Scheduled banks are those?

1.      Includued in the 2nd schedule of the Banking Regulation Act-1949

2.      Includued in the 2nd schedule of the Companies Act-1956

3.      Includued in the 2nd schedule of the Reserve Bank of India Act -1934

4.      Bank Nationalization Act -1969

4) The rate at which the RBI lends to the commercial bank's in very short term against the backing of the Government securities is known as?

1.      Bank rate

2.      Repo rate

3.      Reverse Repo

4.      Discount rate

5) What is the banker-customer relationship in credit card payment

1.      Creditor-debtor

2.      Debtor-creditor

3.      Agent principal

4.      Principal-agent

6) From the following is classified as a public sector bank?

1.      ICICI Bank

2.      IDBI Bank Ltd

3.      Axis Bank

4.      Local area bank

7) State Bank of India's new floating rate of deposit is directly linked to?

1.      Inflation Rate

2.      BPLR

3.      Base Rate

4.      BankRate

8) The base rate is set by?

1.      Individual banks

2.      RBI

3.      Government of India

4.      RBI in consultation with Government

9) In which place the Security printing press was established in 1982 ?

1.      Kolkata

2.      New Delhi

3.      Bombay

4.      Hyderabad

10) Six private sector banks were nationalized on April 15, 1980, whose reserves were more than?

1.      100 Crores

2.      200 crores

3.      300 crores

4.      400 crores