RBI Quiz | Reserve Bank of India Objective Type Questions & Answers

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Questions
21 Who will settle the grievances of customers of banks?
A Reserve Bank of India
B State Bank of India
C Local Courts
D Ombuds Men

Answer: Ombuds Men
22 Which was the firth Bank corporated by the Indians? (1881)
A Imperial Bank of India
B State Bank of India
C Avadh Commercial Bank
D Reserve Bank of India

Answer: Avadh Commercial Bank
Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP
23 When was the Avadh Commercial Bank established?
A 1881
B 1894
C 1898
D 1899

Answer: 1881
24 When was Reserve Bank of India established?
A 1920
B 1925
C 1935
D 1948

Answer: 1935
25 When was Reserve Bank of India Nationalised?
A 1947
B 1948
C 1949
D 1950

Answer: 1949
26 Imperial Banks were amalgamated and changed as _________
A Reserve Bank of India
B Tata Bank of India
C Subsidiary Banks
D Union Bank of India

Answer: Tata Bank of India
27 How many banks were first nationalised?
A 10
B 12
C 14
D 16

Answer: 14
28 How many banks were in second phase of nationalisation?
A 4
B 5
C 6
D 7

Answer: 6
29 Who will act as the banker to the Government of India?
A State Bank of India
B Reserve Bank of India
C NABARD
D Nationalised Banks

Answer: Reserve Bank of India
30 Who was first governor of Reserve Bank of India?
A K. A. Narasimham
B V. K. Malhotra
C A. K. Vadia
D A. B. A Smith

Answer: A. B. A Smith
31 When was Lead Bank Scheme introduced?
A 1967
B 1968
C 1969
D 1974

Answer: 1969
32 When was Imperial Bank was Changed as State Bank of India?
A January 1st 1935
B Feb 26 1947
C July 1st 1955
D July 1st 1959

Answer: July 1st 1955
33 Regional Rural Banks were established in the year –
A 1969
B 1972
C 1973
D 1975

Answer: 1975
34 Which of the following is not the function of the Reserve Bank of India ?
A Acting as banker to the Government
B Keeping of Foreign Exchange Reserve
C Issuing of one rupee notes and coins
D Regulating credit in the country

Answer: Issuing of one rupee notes and coins
35 With which of the following is SARFAESI Act 2002 related?
A Recovery of bad loans
B Regulation of Foreign Exchange
C Fixation of interest rates
D Acquisition of small banks

Answer: Recovery of bad loans
36 Which is the country’s third largest private sector lender whose name has been officially changed to the Axis Bank ltd?
A HDFC Bank
B Lord Krishna Bank
C Centurion Bank
D UTI Bank

Answer: UTI Bank
37 In which year was the Reserve Bank of India established?
A 1935
B 1947
C 1949
D 1952

Answer: 1935
38 Which of the following is the apex institution which handles refinance for agriculture and rural development in India?
A RBI
B SIDBI
C NABARD
D SEBI

Answer: NABARD
39 Expand the term LIBOR as used in financial banking sectors?
A Local Indian Bank Offered Rate
B London-India Bureau Of Regulations
C Liberal International Bank Official Ratio
D London Inter Bank Offered Rate

Answer: London Inter Bank Offered Rate
40 The Imperial Bank of India, after its nationalization came to be known as
A Reserve Bank of India
B State Bank of India
C United Bank of India
D Indian Overseas Bank

Answer: State Bank of India

Random GK Questions

Q. Which state is the largest producer of mango in India ?
Q. The body temperature is regulated by–
Q. Article 123 deals with :
Q. Forest cover …….. of the earth’s land surface
Q. Article 370 of the Indian Constitution upholds
Q. The animal which has become extinct recently in India happens to be
Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series