Banking Awareness 6

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Banking Awareness Questions 17th Aug 2014

Banking-Awareness-6

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A Few Questions

  1. Which bank launched Instant Money Transfer (IMT) scheme in Mumbai?
    A)    Bank of India
    B)    State Bank of India
    C)   Punjab National Bank
    D)   Bank of Baroda
  1. Interest payable on savings bank accounts is…..
    A) Not regulated by RBI
    B) regulated by State Governments
    C) regulated by Central Government
    D) regulated by individual banks
    E) regulated by Finance minister
  2. Rbi was nationalized in the year
    A) 1935
    B) 1945
    C) 1949
    D) 1969
  3. Which among the following does the RBI not
    decide?
    (a) CAR
    (b) CRR
    (c) Base Rate
    (d) Bank Rate
  4. The central banking functions in India are
    performed by the
    A) Central Bank of India
    B) Reserve Bank of India
    C) State Bank of India
    D) Punjab National Bank

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