Banking Awareness Quiz: Set 310

Banking Awareness Quiz

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The Banking Awareness Section of Banking Exams covers various segments in it like Banking Awareness, Static GK, In any case, the most imperative thing that you may have seen is that both the Banking Awareness and Static Awareness questions asked in the Banking Awareness Section depend on Current Banking Affairs as it were.

Here is a test on Banking Awareness to give you a chance to survey your Banking Awareness Knowledge. This post contains important Banking Awareness Quiz. A brief explanation of every Quiz is provided to further enhance your general knowledge. 

Banking Awareness Quiz: Set 310

1. The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, ______

1. Reserve Bank of India Act, 1934
2. Reserve Bank of India Act, 1936
3. Reserve Bank of India Act, 1930
4. Reserve Bank of India Act, 1945
5. None of these

2. ➢The Central Office of the Reserve Bank was initially established in ________

1. Cheenai
2. Delhi
3. Mumbai
4. Calcutta
5. None of these

3. RBI was nationalised on 1 January ___________.

1. 1935
2. 1945
3. 1949
4. 1950
5. None of these

4. The RBI has four zonal offices at_______, Delhi, Kolkata and Mumbai.

1. Chandigarh
2. Chennai
3. Assam
4. Patna
5. None of these

5. Hilton-Young Commission was the Royal Commission on Indian Currency and Finance set up by
British Government of India in ________

1. 1920
2. 1910
3. 1915
4. 1930
5. None of these

6. RBI did not start as a Government owned bank but as a privately held bank without major government ownership. It started with a Share Capital of Rs. __________Crore

1. Rs. 10 Crore
2. Rs. 5 Crore
3. Rs. 15 Crore
4. Rs. 20 Crore
5. None of these

7. Maximum number of Official Directors in RBI’s Central Board of Directors is ________.

1. 5
2. 3
3. 1
4. 4
5. None of these

8. Board of Financial Supervision (BFS) is one of the two assistive bodies for Central Board of Directors of RBI, other being Board for Payment and Settlement Systems . It was established in _________.

1. 1996
2. 1990
3. 1994
4. 1970
5. None of these

9. Section ________ of the RBI Act gives authority to the RBI to issue currency notes.

1. Section 5
2. Section 22(A)
3. Section 35
4. Section 22
5. None of these

10. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are ____________ banks.

1. commercial banks
2. scheduled banks
3. NBFC
4. Non-scheduled banks
5. None of these

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