Banking Questions for RBI Grade B [TEST-1]

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Question 1 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
With which of the following would you identify a 'no frills' account with?
A
A savings account with no minimum balance requirement
B
A savings account not having KYC requirement
C
Fixed deposit account for one year and less
D
Savings account opened in rural branches
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Question 2 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
How many Mutual Fund companies are there in India?
A
43
B
44
C
54
D
48
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Question 3 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The RBI has recently decided to withdraw from circulation of currency notes that had been issued before?
A
2004
B
2006
C
2005
D
2008
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Question 4 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is true about RBI's decision regarding sick micro and small enterprises?
A
These guide lines made on recommendations of the working group chaired by Deputy Governor K. C. Chakrabarty
B
RBI has suggested that an MSE is considered 'sick' when: any of the borrowed amount of the enterprise remains a non-performing asset (NPA) for three months or more
C
RBI also suggested if there is erosion in the net worth due to accumulated losses to the extent of 50 percent of its net worth during the previous accounting year
D
The stipulation that the unit should have been in commercial production for at least two years has been removed.
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Question 5 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The World Bank released the Human Capital Index (HCI) as part of the World Development Report 2019. What is India's rank in the index?
A
111
B
91
C
157
D
115
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Question 6 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Which of the following is an investment advisory discipline?
A
Corporate Industrial Finance
B
Offshare Banking
C
Wholesale Banking
D
Wealth Management
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Question 7 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
CRR is the amount of funds that the banks have to keep with the RBI. What is the full form of CRR?
A
Cash Rate Ratio
B
Cash Reserve Rate
C
Cash Reserve Ratio
D
Common Reserve Ratio
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Question 8 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by-
A
Asian Development Bank (ADB)
B
Reserve Bank of India (RBI)
C
World Bank (WB)
D
International Monetary Fund (IMF)
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Question 9 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Bank of Nova Scotia, operating as Scotiabank, is a..... multinational bank.
A
Canadian
B
American
C
German
D
Australian
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Question 10 [CLICK ON ANY CHOICE TO KNOW MCQ multiple objective type questions RIGHT ANSWER]
The Royal Commission on Indian Currency and Finance was also known as?
A
Hilton-Young Commission
B
Hartog Commission
C
Muddiman Committee
D
Buttler Commission
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