1. The main functions of commercial banks are
a. borrowing of money
b. credit creation
c. advancing loans and making investments
d. all of these
2. Which bank is known as ‘banker’s bank:
a. Punjab national bank
b. Reserve bank of India
c. Indian bank
d. State bank of India
3. Which is the central bank of India?
a. Reserve bank of India
b. Syndicate bank
c. Commercial bank
d. Co-operative bank
4. Money market is a ………….market.
a. short-term
b. long- term
c. medium-term
d. none of these
5. Capital market is a ……….. market.
a. short-term
b. long- term
c. medium-term
d. none of these
6. RBI stands for:
a. risk bank of India
b. reserve bank of India
c. reserve board of institution
d. none of these
7. RBI started in which year
a. 1969
b. 1949
c. 1935
d. 1980
8. RBI was nationalized in which year?
a. 1980
b. 1949
c. 1956
d. 1991
9. RBI head office situated …….
a. Delhi
b. Kolkata
c. Chennai
d. Mumbai
10. NABARD stands for:
a. National Board of Agriculture and Rural Development
b. National Bank for Agriculture and Rural Development
c. National Bureau for Agriculture and Rural Development
d. none of these
11. NABARD came in to existence in:
a. 1980
b. 1986
c. 1976
d. 1982
12. 14 commercial banks were nationalized in:
a. 1954
b. 1969
c. 1980
d. 1991
13. Apart from 14 nationalized banks, 6 more banks were nationalized in
a. 1986
b. 1964
c. 1969
d. 1980
14. ‘bank’ term originated in which Latin word:
a. Banker
b. Banco
c. Banque
d. none of these
15. ….. bank is one which conducts all of its business in one location:
a. branch banking
b. unit banking
c. group banking
d. none of these
16. Important characteristic of unit banking:
a. limited resources
b. effective supervision and control
c. distribution of risk
d. none of these
17. ………. refers to a system whereby a single entity operates more than one branch.
a. unit banking
b. group banking
c. branch banking
d. none of these
18. A basic feature of branch banking system is:
a. various operations are controlled by a head office
b. various operations are controlled by branches
c. various operations are controlled by outside
d. none of these
19. …….. is the rate at which the central bank discounts first class bills to the commercial banks.
a. open market operations
b. bank rate
c. market rate
d. current rate
20. ……. as a ‘banking system in which a single bank has either a complete or as residuary monopoly of note issue.
a. Commercial bank
b. Co-operative bank
c. Central bank
d. Regional rural bank
a. borrowing of money
b. credit creation
c. advancing loans and making investments
d. all of these
2. Which bank is known as ‘banker’s bank:
a. Punjab national bank
b. Reserve bank of India
c. Indian bank
d. State bank of India
3. Which is the central bank of India?
a. Reserve bank of India
b. Syndicate bank
c. Commercial bank
d. Co-operative bank
4. Money market is a ………….market.
a. short-term
b. long- term
c. medium-term
d. none of these
5. Capital market is a ……….. market.
a. short-term
b. long- term
c. medium-term
d. none of these
6. RBI stands for:
a. risk bank of India
b. reserve bank of India
c. reserve board of institution
d. none of these
7. RBI started in which year
a. 1969
b. 1949
c. 1935
d. 1980
8. RBI was nationalized in which year?
a. 1980
b. 1949
c. 1956
d. 1991
9. RBI head office situated …….
a. Delhi
b. Kolkata
c. Chennai
d. Mumbai
10. NABARD stands for:
a. National Board of Agriculture and Rural Development
b. National Bank for Agriculture and Rural Development
c. National Bureau for Agriculture and Rural Development
d. none of these
11. NABARD came in to existence in:
a. 1980
b. 1986
c. 1976
d. 1982
12. 14 commercial banks were nationalized in:
a. 1954
b. 1969
c. 1980
d. 1991
13. Apart from 14 nationalized banks, 6 more banks were nationalized in
a. 1986
b. 1964
c. 1969
d. 1980
14. ‘bank’ term originated in which Latin word:
a. Banker
b. Banco
c. Banque
d. none of these
15. ….. bank is one which conducts all of its business in one location:
a. branch banking
b. unit banking
c. group banking
d. none of these
16. Important characteristic of unit banking:
a. limited resources
b. effective supervision and control
c. distribution of risk
d. none of these
17. ………. refers to a system whereby a single entity operates more than one branch.
a. unit banking
b. group banking
c. branch banking
d. none of these
18. A basic feature of branch banking system is:
a. various operations are controlled by a head office
b. various operations are controlled by branches
c. various operations are controlled by outside
d. none of these
19. …….. is the rate at which the central bank discounts first class bills to the commercial banks.
a. open market operations
b. bank rate
c. market rate
d. current rate
20. ……. as a ‘banking system in which a single bank has either a complete or as residuary monopoly of note issue.
a. Commercial bank
b. Co-operative bank
c. Central bank
d. Regional rural bank