RBI Question Papers
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RBI Question Papers
RBI Question Papers with Solutions:
Question 1) which of the following public sector banks has the largest number of branches in foreign countries?
- Bank of India
- Bank of Baroda
- Punjab National Bank
- Corporation Bank
Answer: 2
Question 2) The only merger of two public sector banks took place between:
- Bank of India and New Bank of India
- Punjab National Bank and New Bank of India
- Allahabad Bank and United Bank of India
- Punjab National Bank and Bank of Rajasthan
Answer: 2
Question 3) Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
- Bank of Maharashtra
- Bank of Baroda
- State Bank of Saurashtra
- Union Bank of India
Answer: 4
Question 4) After State Bank of India, which of the following banks has the largest number of offices?
- Punjab National Bank
- Bank of India
- Andhra Bank
- Canara Bank
Answer: 1
Question 5) What are teaser loan rates charged by banks?
- Rate of interest which is competitively changed in relation to other banks
- Floating rate of interest charged by banks
- Low rate of interest in the initial period which goes up subsequently
- Higher rate of interest in the initial period which goes down subsequently
Answer: 3
Question 6) Which of the following terms is used in banking field?
- Interest rate swap
- Input devices
- Sedimentary
- Zero Hour
Answer: 1
Question 7) Bank rate is decided by which of the following?
- Reserve Bank of India
- Government Of India
- State Bank of India
- Securities and Exchange Board of India
Answer: 1
Question 8) At which of the following cities is the Head Office of Reserve Bank of India located?
- Mumbai
- New Delhi
- Kolkata
- Dehradun
Answer: 1
Question 9) In which year was the Imperial Bank of India rechristened as State Bank of India?
- 1955
- 1957
- 1962
- 1965
Answer: 1
Question 10) Banking in India is controlled by :
- Reserve Bank of India
- Union Finance Commission
- Union Ministry of Finance
- Union Ministry of Commerce
Answer: 1
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RBI Question Papers with Answers:
Question 11) The Reserve Bank of India was established on _______.
a. April 1, 1935
b. July 12, 1982
c. May 26, 2006
d. September 30, 2005
Answer – A
Question 12) Who works as RBI’s agent at places where it has no office of its own?
a. State Bank of India
b. Ministry of Finance
c. Government of India
d. International Monetary Fund
Answer –A
Question 13) Which of the following is true about the functions performed by RBI?
(i) It is the Bank of Issue
(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit
a. Both (i) and (ii)
b. Both (iii) and (iv)
c. All the above
d. None of the above
Answer -C
Question 14) What does ‘Nomination’ for a deposit account in the bank mean?
a. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor
b. Mandate decided by the bank to settle the death claim of its depositor
c. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor
d. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor
Answer –D
Question 15) When were the draft guidelines for building grievance redressal mechanism within NBFCs (Non-Banking Financial Companies) published?
a. April 5, 2006
b. May 26, 2006
c. June 29, 2007
d. September 30, 2005
Answer –B
Question 16) Which subsidiary bank was merged with the State Bank of India on August 13, 2008?
a. State Bank of Hyderabad
b. State Bank of Indore
c. State Bank of Mysore
d. State Bank of Saurashtra
Answer –D
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Question 17) When did the government acquire RBI’s shareholding (72.5%) in NABARD?
a. May, 2008
b. June, 2008
c. August, 2008
d. March, 2009
Answer –B
Question 18) When did the Government of India set up the Export-Import Bank of India?
a. January, 1982
b. January, 1993
c. March, 1971
d. June, 1969
Answer –A
Question 19) When did the National Housing Bank start its operations?
a. July, 1982
b. July, 1988
c. April, 1980
d. March, 1971
Answer –B
Question 20) When did the Government initiate the process of amalgamation of RRBs in a phased manner?
a. September, 2005
b. March, 2009
c. June, 2009
d. March, 2010
Answer –A
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