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Free download in PDF Reserve Bank of India Objective Type Questions & Answers for competitive exams. These RBI Objective Questions with Answers are important for competitive exams like UPSC, SSC, Railway, UGC NET, GATE, IBPS Specialist Recruitment Test. These short solved questions or quizzes are provided by Gkseries.
(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
(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
(23)
When was the Avadh Commercial Bank established?
[A]
1881
[B]
1894
[C]
1898
[D]
1899
(24)
When was Reserve Bank of India established?
[A]
1920
[B]
1925
[C]
1935
[D]
1948
(25)
When was Reserve Bank of India Nationalised?
[A]
1947
[B]
1948
[C]
1949
[D]
1950
(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
(28)
How many banks were in second phase of nationalisation?
(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
31
When was Lead Bank Scheme introduced?
[A]
1967
[B]
1968
[C]
1969
[D]
1974
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
33
Regional Rural Banks were established in the year –
[A]
1969
[B]
1972
[C]
1973
[D]
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
37
In which year was the Reserve Bank of India established?
[A]
1935
[B]
1947
[C]
1949
[D]
1952
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
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
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