RBI Grade B Officer 2015 Important Banking Awareness Questions RBI Grade B Officer 2015 Important Banking Awareness Questions
RBI Grade B Officer 2015 Important Banking Awareness Questions Friends, please solve and practice these questions to gain confidence for the upcoming RBI Grade... RBI Grade B Officer 2015 Important Banking Awareness Questions

RBI Grade B Officer 2015 Important Banking Awareness Questions

Friends, please solve and practice these questions to gain confidence for the upcoming RBI Grade B Officers Exam 2015

(Q.1) Who was the first Indian Governor of RBI?

  1. Benegal Rama Rau
  2. C D Deshmukh
  3. L K Jha
  4. B N Adarkar

 

(Q.2) Which institution provides export credit insurance facilities to exporters and banks in India? 

  1. ECGC
  2. NABARD
  3. SIDBI
  4. SEBI

 

(Q.3) Which country has largest Forex reserves in the world?

  1. United States
  2. Japan
  3. China
  4. Japan

 

(Q.4) Which among the following is NOT a function of RBI?

  1. Issuing of Currency Notes
  2. Managing India’s FOREX reserves
  3. Formulating India’s Monetary Policy
  4. Regulating Indian Capital Markets

 

(Q.5) What is plastic money?

  1. Currency Notes made up of plastic material
  2. Money in form of Shares
  3. Credit Cards, Debit Cards
  4. Traveller’s Cheque

 

 

(Q.6) What does abbreviation IFSC stand for?

  1. Indian Financial Surveillance and Control
  2. Indian Financial System Code
  3. International Financial System Code
  4. International Financial Surveillance and Control

 

(Q.7) Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project undertaken by the Reserve Bank of India (RBI) in which year?

  1. 2006
  2. 2007
  3. 2008
  4. 2009

 

(Q.8) When can one file a complaint before Banking Ombudsman?

  1. If the reply is not received from the bank within a period of one month after the bank concerned has received one s representation
  2. The bank rejects the complaint
  3. If the complainant is not satisfied with the reply given by the bank
  4. All of the above

 

(Q.9) As per the prevailing rule, a cheque becomes stale after how many months?

  1. 1 month
  2. 3 months
  3. 4 months
  4. 6 months

 

(Q.10) A centralized database with online connectivity to branches via internet is called:

  1. E-Banking
  2. M-Banking
  3. Core banking
  4. Wireless Banking

 

 

(Q.11) What was the subject matter dealt by Usha Thorat Committee?

  1. Capital Account Convertibility
  2. Direct Taxation Laws
  3. Financial Inclusion
  4. Technology Issues in Banking Industry

 

(Q.12) Which among the following fact about MICR code is CORRECT?

  1. First three digits represent City code
  2. Second three digits represent Bank code
  3. Last three digits represent Bank Branch code
  4. All of the above

 

(Q.13) Among the monetary policy components of RBI, which one is NOT an independent rate?

  1. Repo Rate
  2. Reverse Repo Rate
  3. CRR
  4. SLR

 

(Q.14) Where is the Headquarter of Bank for International Settlements (BIS)?

  1. Basel, Switzerland
  2. New York, United States
  3. Berlin, Germany
  4. London, United Kingdom

 

 

(Q.15) A term loan becomes an NPA wherein the interest and /or instalment of principal remain overdue for a period of more than _____ days

  1. 30 days
  2. 60 days
  3. 90 days
  4. 120 days

 

 

Also Read:

>>> Important General Knowledge Practice Questions for RBI Grade B Officer Exam 2015

>>> General Knowledge Questions asked in RBI Grade B Officer Exam 2014

>>> 800+ Current Affairs Questions

>>> Banking Current Affairs – Weekly News & Quiz

>>> Rbi Grade B Officer 2015 – Exam Pattern

 

All The Best

Team Entrancegeek