Q1. Full form of TPA
a) Third Party Administrator
b) Total Performing Assets
c) Third Party Association
Q2. RBI was nationalized under which act
a) Transfer of Private Ownership Act, 1944
b) Transfer of Public Ownership Act ,1948
c) Transfer of Joint Ownership Act, 1940
Q3. Where are four regional centres of RBI located?
a) Mumbai, Kolkata, Chennai and Delhi.
b) Kolkata, Chennai, Mumbai, Gujrat
c) Gurarat, Mumbai, Kolkata, Delhi
Q4. Scheduled Commercial Banks have paid up capital and reserves – aggregate value of not less than:
a) Rs.5,00,000
b) 6,00,000
c) 8,00,000
d) 12,00,000
Q5. Scheduled Commercial Banks has to maintain their CRR up to:
a) 3% of their time and demand liabilities
b) 5% of their time and demand liabilities
c) 7% of their time and demand liabilities
Q6. Scheduled Commercial Banks’ CRR can go up to maximum of:
a) 15%
b) 16%
c) 17%
Q7. How many Public Sector Banks are nationalized:
a) 19
b) 20
c) 21
Q8. How many Public Sector Banks were nationalized on 19 -07 -1969:
a) 14
b) 15
c) 16
Q9. Under which Act, Industrial Reconstruction Bank of India was reconstituted:
a) IRBI Act,1984
b) IRBI Act, 1986
c) IRBI Act, 1987
Q10. Minimum Paid up capital for Private Sector Bank must be:
a) 100 crore
b) 150 crore
c) 105 crore
Q11. On 2-10-1975,which types of banks were established:
a) Public Sector Banks
b) Private Sector Banks
c) Regional Rural Banks
a) 24-8-1996
b) 24-09-1995
c) 24-7-1992
Q13. Local Area Banks were registered as public limited companies under which act:
a) Companies Acct, 1956
b) SEBI Act, 1885
c) None of Above
Q14. Full form of NBFC
a) Non -Banking Finance Companies
b) Non -Banking Financial Corporation
c) National Banking Financial Corporation
Q15. LIC was established in which year:
a) 1956
b) 1965
c) 1977
a) 1982 under act of parliament
b) 1985 under act of parliament
c) 1988 under act of parliament
Q17. LIC came into being from:
a) 1-9-1956
b) 1-10-1965
c) 1-9-1965
d) None of these
Q18. How was UTI set up in INDIA:
a) 1964, By Act of Parliament
b) 1965, By Act of Parliament
c) 1969, By Act of Parliament
d) None of these
Q19. General Insurance Corporation of India was formed and registered on:
a) January, 1973
b) January,1974
c) February, 1975
d) None of these
Q20. General Insurance Corporation of India was registered under:
a) Insurance Act, 1938
b) Companies Act, 1956
c) SEBI Act, 1885
d) None of these
Q21. EXIM means:
a) Export and Import Bank of India
b) Exchange in Monetary Transaction
c) Export in Monetary Transaction
d) None of These
Q22. The Act of Export and Import Bank of India Comes on:
a) Export and Import Bank of India Act, 1981
b) Export and Import Bank of India Act, 1984
c) Export and Import Bank of India Act, 1986
d) None of these
Q23. EXIM offers buyers credit and lines of credit to:
a) Foreign Government and Banks
b) Domestic Government and Banks
c) Only Private Sector Banks
d) None of these
Q24. National Housing Bank was established on:
a) 9-07-1988
b) 10-07-1988
c) 12-08-1988
d) None of these
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